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

Rhea-AI Filing Summary

Mark W. Yusko, a director of Kindly MD, Inc. (NAKA), reported an acquisition of 112,781 restricted stock units (RSUs) on 09/22/2025. The filing shows these RSUs were granted at a price of $0 and that the reporting person will beneficially own 2,212,781 shares following the grant. The RSUs vest on August 15, 2026 and are subject to the reporting personontinuing service on the companyoard through that vesting date. The Form 4 was signed and submitted by an attorney-in-fact on behalf of the reporting person.

Positive

• Director alignment: Grant of 112,781 RSUs aligns the reporting personinancial incentives with long‑term shareholder value
• Increased disclosed ownership: Beneficial ownership rises to 2,212,781 shares, improving transparency of insider holdings

Negative

• Not immediately vested: RSUs vest on August 15, 2026 and require continued board service through that date
• Limited disclosure: Filing does not specify total outstanding shares, settlement method for RSUs, or board approval context

Insights

Corporate Governance Expert

TL;DR: Director received time‑based RSUs that align long‑term incentives with shareholders but vesting requires continued board service.

The grant of 112,781 RSUs to a director is a standard compensation mechanism to align director incentives with shareholder value over time. Because the units vest on a specified future date only if board service continues through August 15, 2026, the award ties retention and long‑term performance to the companyquity. The filing provides clear disclosure of the grant date, grant amount, and vesting condition but does not disclose the rationale for the award or any board approval details; those would appear in proxy or compensation disclosures.

Securities Analyst

TL;DR: The transaction increases the directoreneficial stake to 2,212,781 shares via time‑vesting RSUs granted at no cash cost.

The Form 4 reports an in‑kind equity award (RSUs) recorded at $0 per unit and increases reported beneficial ownership to 2,212,781 shares. These RSUs are not immediately exercisable and carry a vesting condition tied to continued board service through August 15, 2026, so any market impact depends on future vesting and potential settlement terms. The disclosure is limited to the grant mechanics; no information on dilution, total share count, or expected settlement method is provided in this filing.

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^*

YUSKO MARK W

(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	2,212,781	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 Mark W. Yusko report on Form 4 for Kindly MD (NAKA)?

He reported the acquisition of 112,781 restricted stock units (RSUs) on 09/22/2025, increasing his beneficial ownership to 2,212,781 shares.

When do the RSUs granted to the director vest?

The RSUs vest on August 15, 2026, subject to the reporting person's continued service on the company's board through that date.

Was any cash paid for the RSUs reported on the Form 4?

The filing shows a price of $0 for the RSU grant on 09/22/2025.

How much beneficial ownership does the reporting person have after the transaction?

The Form 4 reports 2,212,781 shares beneficially owned following the reported transaction.

Who signed the Form 4 and when was it filed?

The Form 4 was signed by an attorney‑in‑fact (Kyle Simon) on 09/24/2025 on behalf of the reporting person.