Major Eric D 4

What Happened
Director Eric D received a grant of 4,846 restricted shares of Sanara MedTech Inc. (SMTI) on 2026-06-04. The shares were issued at $0.00 (no cash paid), so the reported acquisition value is $0. This was an award/grant (transaction code A) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-04; Filing date: 2026-06-05 (timely filing).
• Amount: 4,846 restricted shares; Price: $0.00; Reported value: $0.
• Shares owned after transaction: Not specified in the filing.
• Grant plan: Issued under the Sanara MedTech 2024 Omnibus Long-Term Incentive Plan (per footnote).
• Vesting: Shares vest on the earlier of (i) the 2027 annual shareholder meeting or (ii) June 4, 2027, provided the director continues to provide required services.
• Filing appears routine and not late (Period of Report 2026-06-04; accession filed 2026-06-05).

Context
Restricted stock grants to directors are common as compensation and do not involve an immediate cash purchase or sale. Such awards reflect company compensation practices rather than an insider buying or selling shares for personal liquidity; they become more informative to investors once vested and/or sold.