NAKA Form 4: CEO David Bailey Reports 11,160,572-Share Acquisition

Rhea-AI Filing Summary

David F. Bailey, who is listed as both Chief Executive Officer and a Director of Kindly MD, Inc. (NAKA), reported a transaction dated 08/14/2025 on Form 4. The filing shows an acquisition of 11,160,572 shares of Common Stock at a reported price of $0. Following the transaction, Mr. Bailey is reported to beneficially own 11,160,572 shares in a direct ownership form. The Form 4 is signed by Mr. Bailey on 08/15/2025.

Positive

• Large direct ownership reported: Acquisition and direct beneficial ownership of 11,160,572 shares are disclosed.
• Clear insider identification: Reporting person is identified as Chief Executive Officer and Director, providing transparency on the acquirer's role.

Negative

• None.

Insights

Securities Analyst

TL;DR: CEO David Bailey reported a large direct acquisition of 11,160,572 shares on 08/14/2025.

The filing documents a single non-derivative acquisition of 11,160,572 shares at a reported price of $0, resulting in that same number of shares beneficially owned directly by the reporting person. This is a routine Section 16 disclosure showing insider ownership change; the form does not provide context for the $0 price or the source of the shares.

Corporate Governance Expert

TL;DR: Insider disclosure shows a material seatbelt on ownership but lacks explanatory detail for the $0 consideration.

The report identifies the reporting person as both CEO and Director and records a direct holding of 11,160,572 shares after an acquisition recorded at $0. The filing contains no explanation of the transaction type (e.g., grant, conversion, or other), so governance implications cannot be fully assessed from this document alone.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Bailey David F

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	11,160,572	$0.00	--

Holdings After Transaction: Common Stock — 11,160,572 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
hours per response:			0.5

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^*

Bailey David F

(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
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025

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	08/14/2025		A		11,160,572	A	$0	11,160,572	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:

	/s/ David Bailey	08/15/2025
	** 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 transaction did David F. Bailey report for Kindly MD (NAKA)?

He reported an acquisition of 11,160,572 shares of Common Stock on 08/14/2025 as disclosed on Form 4.

How many Kindly MD (NAKA) shares does the reporting person beneficially own after the transaction?

11,160,572 shares are reported as beneficially owned following the transaction.

What price was reported for the shares acquired by David F. Bailey on the Form 4?

The reported price is $0 per share as stated in the filing.

What is David F. Bailey's relationship to Kindly MD (NAKA)?

He is reported as Chief Executive Officer and a Director of Kindly MD, Inc.

When was the Form 4 signed by the reporting person?

The signature date on the Form 4 is 08/15/2025.