[Form 4] Sanara MedTech Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TANZBERGER ERIC D reported acquisition or exercise transactions in this Form 4 filing.
Sanara MedTech Inc. director Eric D. Tanzberger received a grant of 5,308 shares of common stock as restricted stock compensation, at a price of $0.00 per share. After this award, he directly holds 22,966 shares of Sanara MedTech common stock.
The restricted stock was granted under the Sanara MedTech Inc. 2024 Omnibus Long-Term Incentive Plan and will vest on the earlier of the 2027 annual shareholder meeting or June 4, 2027, provided he continues to provide certain services to the company through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TANZBERGER ERIC D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,308 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 22,966 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock granted: 5,308 shares
Grant price: $0.00 per share
Shares held after grant: 22,966 shares
+1 more
4 metrics
Restricted stock granted
5,308 shares
Common Stock grant on June 4, 2026
Grant price
$0.00 per share
Restricted stock award consideration
Shares held after grant
22,966 shares
Total direct holdings following transaction
Vesting latest date
June 4, 2027
Latest vesting date for restricted stock
Key Terms
restricted stock, 2024 Omnibus Long-Term Incentive Plan, vest, annual shareholder meeting
4 terms
restricted stock financial
"Represents shares of restricted stock granted by Sanara MedTech Inc."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2024 Omnibus Long-Term Incentive Plan financial
"pursuant to the Sanara MedTech Inc. 2024 Omnibus Long-Term Incentive Plan."
vest financial
"The restricted stock will vest on the earlier of (i) the date of the 2027 annual shareholder meeting or (ii) June 04, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did Sanara MedTech (SMTI) director Eric Tanzberger report in this Form 4?
Eric D. Tanzberger reported receiving 5,308 shares of Sanara MedTech common stock as a restricted stock grant. The award was given at no cash cost to him and represents compensation under the company’s 2024 Omnibus Long-Term Incentive Plan.
Is the Sanara MedTech (SMTI) Form 4 transaction an open-market purchase or sale?
The Form 4 reports a grant of restricted stock, not an open-market trade. Shares were awarded as compensation at a stated price of $0.00 per share, so the transaction does not reflect buying or selling activity in the public market.
Under which plan was the Sanara MedTech (SMTI) restricted stock granted?
The restricted stock was granted under the Sanara MedTech Inc. 2024 Omnibus Long-Term Incentive Plan. This plan authorizes equity-based awards, such as restricted stock, to align director and employee incentives with the company’s long-term performance.