Yon Seth D 4

What Happened
Yon Seth D, CEO of Sanara MedTech Inc. (SMTI), had 3,852 shares of common stock withheld by the company on May 15, 2026 to satisfy tax withholding obligations tied to the annual vesting of 13,466 restricted shares. The withheld shares are reported at $21.06 each, for a total value of $81,123. No shares were sold in the open market — this is a tax-withholding (Form 4 code F) event related to vesting.

Key Details

• Transaction date: 2026-05-15; filing date: 2026-05-18 (filing appears timely).
• Withheld shares: 3,852 at $21.06 per share; total value reported $81,123.
• Cause: Tax withholding on the annual vesting of 13,466 restricted shares (see footnote F1).
• Shares issued/sold: None — issuer withheld shares to cover taxes.
• Shares owned after transaction: Not specified in the provided filing.
• Transaction code: F (tax withholding).

Context
Tax-withholding share dispositions are routine when restricted stock vests and do not indicate a CEO selling into the market or expressing a buy/sell view. Purchases or open-market sales tend to be more informative about insider sentiment; this filing documents compensation-related withholding only.