[Form 4] Kindly MD, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Eric Stanton Weiss, a director of Kindly MD, Inc. (NAKA), was granted 112,781 restricted stock units (RSUs) reported on a Form 4 with a transaction date of 09/22/2025. The RSUs were recorded at a price of $0 and are shown as directly beneficially owned following the grant. The RSUs vest on August 15, 2026 and are subject to Mr. Weiss’s continued service on the company’s board through that Vesting Date. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact, Kyle Simon, on 09/24/2025.

Positive

• Disclosure compliance: Form 4 filed showing the grant and vesting terms, satisfying Section 16 reporting requirements
• Retention alignment: RSUs vest contingent on continued board service, aligning director incentives with company performance over time

Negative

• Unvested award: The RSUs do not vest until 08/15/2026, so no immediate transferable shares were created
• No cash consideration: Reported price is $0, indicating this is an equity grant rather than a market purchase (dilution potential upon settlement)

Insights

Financial Analyst

TL;DR: A director received a sizable RSU grant that vests on a single future date, reflecting compensation tied to continued board service.

The grant of 112,781 RSUs increases the director’s direct ownership stake immediately for disclosure purposes but does not convey vested shares until 08/15/2026. Because the reported price is $0, this filing reflects an equity compensation award rather than an open-market purchase or sale. For investors, the item is routine director compensation and does not by itself change the company’s capital structure until vesting and settlement occur. The timing aligns with retention-based compensation common for board members.

Corporate Governance Expert

TL;DR: Standard director RSU award with service-based vesting; governance implications are routine and disclosure is appropriate.

The RSUs vest contingent on continued board service through August 15, 2026, which is a typical retention mechanism. The direct ownership reported (112,781 RSUs) will remain subject to forfeiture if service terminates before the Vesting Date, as explicitly stated. The Form 4 was properly executed by an attorney-in-fact, satisfying signature requirements. This disclosure meets Section 16 reporting obligations for insider equity grants.

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

OMB APPROVAL

OMB Number:			3235-0287
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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).

1. Name and Address of Reporting Person^*

Weiss Eric Stanton

(Last) (First) (Middle)

5097 SOUTH 900 EAST, SUITE 100

(Street)

SALT LAKE CITY UT 84117

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Kindly MD, Inc. [ NAKA ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
09/22/2025

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	09/22/2025		A		112,781(1)	A	$0	112,781	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. This reflects restricted stock units ("RSUs") that vest on August 15, 2026 (the "Vesting Date"), subject to the reporting person's continued services on the board of directors of the issuer through the Vesting Date.

	/s/ Kyle Simon, as attorney-in-fact	09/24/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Kindly MD (NAKA) disclose on the Form 4 filed by Eric Stanton Weiss?

The Form 4 reports a grant of 112,781 RSUs to director Eric Stanton Weiss with a transaction date of 09/22/2025 and a reported price of $0.

When do the RSUs granted to Eric Weiss vest?

The RSUs vest on August 15, 2026, subject to Mr. Weiss’s continued service on the board through that date.

How many shares does Eric Weiss beneficially own following the reported transaction?

The Form 4 shows 112,781 RSUs beneficially owned following the reported transaction, listed as direct ownership.

Was the Form 4 signed and when?

Yes. The filing shows a signature executed by Kyle Simon, as attorney-in-fact on 09/24/2025.

Does this Form 4 indicate an open-market purchase or sale by the director?

No. The transaction code and price of $0 indicate an equity compensation grant (RSUs), not an open-market purchase or sale.