Waldrop Jacob A. 4

What Happened
Jacob A. Waldrop, Chief Operating Officer of Sanara MedTech Inc. (SMTI), had 378 shares of common stock withheld by the company on April 15, 2026 to satisfy tax withholding obligations related to the annual vesting of restricted stock. The withheld shares were valued at $20.01 each, for a total of $7,564. This was a tax-withholding disposition tied to vesting—not an open-market sale or new purchase.

Key Details

• Transaction date: 2026-04-15; Form 4 filed 2026-04-16 (timely filing).
• Withheld: 378 shares at $20.01 per share; total value $7,564.
• Related vesting: 1,551 restricted shares vested; 378 were withheld to cover taxes (per footnote). No shares were issued or sold in this transaction.
• Filing type/transaction code: F (tax withholding).
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context
Withholding shares to cover tax obligations upon vesting is a common administrative action and does not by itself signal a buy/sell decision by the insider. The per-share value used for withholding reflects the Nasdaq price on the vesting date, per the filing footnote.