Yon Seth D 4

What Happened
Yon Seth D, CEO of Sanara MedTech Inc. (SMTI), had 596 shares of company common stock withheld on March 7, 2026 to satisfy tax withholding obligations related to the annual vesting of restricted stock. The per-share value for the withheld shares was $18.87, for a total value of $11,247. This was a tax-withholding disposition, not an open-market sale or purchase.

Key Details

• Transaction date: March 7, 2026; Form 4 filed March 10, 2026.
• Price/value: 596 shares × $18.87 = $11,247 (per-footnote value tied to Nasdaq price on vesting date).
• Shares issued/sold: None — the issuer withheld shares to satisfy taxes (no open-market transaction).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: F1 states the shares were withheld by the company to cover tax withholding on the vesting of 2,082 restricted shares; no shares were sold or issued in this transaction.
• Timeliness: Filing shows a March 10 filing date for a March 7 transaction; Form 4s are normally due within two business days of the transaction (check the filing for any late-filing disclosure).

Context
This is a routine administrative tax-withholding related to vested restricted stock (RSUs). Such withholdings do not reflect an open-market sale and are typically not interpreted as a directional insider trade signal.