Razdan Sanjiv Kumar 4

What Happened
Sanjiv Razdan, President, CEO and Director of JOINT Corp (JYNT), received an award of 73,484 restricted common shares on March 9, 2026. The shares were granted at a $0.00 acquisition price (i.e., a compensation award rather than a purchase), so the reported transaction value is $0.

Key Details

• Transaction date: 2026-03-09; Form 4 filed: 2026-03-11 (timely filing).
• Transaction type/code: Award/Grant (A). Price reported: $0.00.
• Shares granted: 73,484 restricted shares. Reported total value: $0.
• Vesting: All shares are restricted; 25% vest on each of the first four anniversaries of the grant date (see footnote).
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context
This was a compensation grant, common for executives, rather than an open-market purchase or sale. Such restricted-share awards are meant to align executive incentives with company performance and typically vest over time; they do not by themselves indicate a buy or sell signal.