Mackey Ashley M 4
Research Summary
AI-generated summary
Sanara MedTech (SMTI) Controller Ashley Mackey Receives Restricted Stock
What Happened
- Ashley M. Mackey, Controller of Sanara MedTech Inc. (SMTI), was granted 2,804 shares of restricted stock on March 22, 2026. The Form 4 reports an acquisition at $0.00 (total reported value $0), coded as an award/grant (A). This is a compensation grant from the company rather than an open-market buy or sale.
Key Details
- Transaction date: March 22, 2026; Form 4 filed March 23, 2026 (timely).
- Transaction type/code: Award/Grant (A).
- Shares granted: 2,804; reported price: $0.00; reported cash value: $0.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote (vesting): The restricted stock vests in three equal installments — one-third on March 22 of 2027, 2028 and 2029 — contingent on continued employment per the Sanara MedTech 2024 Omnibus Long-Term Incentive Plan.
Context
- Restricted stock awards are a common form of executive/employee compensation and vest over time; they do not represent an immediate open-market purchase or sale. Such grants are informative about compensation but do not by themselves signal insider buying or selling intent.