Restricted stock grant lifts JOINT Corp (JYNT) director’s holdings

Rhea-AI Filing Summary

Razdan Sanjiv Kumar reported acquisition or exercise transactions in this Form 4 filing.

JOINT Corp director and officer Sanjiv Kumar Razdan received a grant of 73,484 shares of Common Stock as a stock award, with no cash paid per share. All of these are restricted shares that vest in four equal installments of 25% on each of the first four anniversaries of the grant date.

After this award, Razdan directly holds 162,516 shares of JOINT Corp common stock. Because this is a compensation-related grant rather than an open-market purchase, it reflects equity-based pay designed to align his interests with shareholders over the multi‑year vesting period.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Razdan Sanjiv Kumar

(Last) (First) (Middle)

16767 NORTH PERIMETER DRIVE

SUITE 110

(Street)

SCOTTSDALE AZ 85260

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
JOINT Corp [ JYNT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/09/2026		A		73,484(1)	A	$0	162,516	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. All of the shares are restricted shares, with 25% vesting on each of the first four anniversaries of the grant date.

Remarks:

The reporting person is President, Chief Executive Officer, and Director.

	/s/ Andra Terrell, as attorney-in-fact	03/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did Sanjiv Kumar Razdan acquire in JOINT Corp (JYNT) on this Form 4?

Razdan received a grant of 73,484 shares of JOINT Corp Common Stock as a compensation award. The filing shows a transaction price of $0.0000 per share, indicating these are granted shares rather than an open-market purchase for cash.

How do the 73,484 restricted JOINT Corp (JYNT) shares vest for Sanjiv Kumar Razdan?

All 73,484 shares are restricted and vest over four years. According to the footnote, 25% of the award vests on each of the first four anniversaries of the grant date, encouraging longer-term alignment with company performance.

How many JOINT Corp (JYNT) shares does Sanjiv Kumar Razdan hold after this grant?

Following the reported grant, Razdan directly holds 162,516 shares of JOINT Corp Common Stock. This total reflects his position after adding the 73,484 restricted shares, subject to the four-year vesting schedule described in the footnote.

Is the JOINT Corp (JYNT) Form 4 for a market purchase or a compensation award?

The Form 4 reflects a compensation-related grant, not a market purchase. The transaction code is “A” for grant or award, with 73,484 shares at a reported price of $0.0000 per share, showing it is an equity award rather than a cash transaction.

What role does Sanjiv Kumar Razdan hold at JOINT Corp (JYNT) in this filing?

Razdan is identified as both a director and an officer of JOINT Corp. The officer title is referenced as “See Remarks,” but the filing clearly treats him as an insider receiving equity compensation through this restricted stock grant.

What does the vesting structure of JOINT Corp (JYNT) restricted shares imply for insiders?

The four-year vesting, with 25% annually, encourages insiders to remain engaged over the long term. Because shares vest gradually each anniversary of the grant date, insiders gain full access only if they continue their service through the full vesting period.