Sanara MedTech (SMTI) director awarded 5,308 restricted shares vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mack Roszell III reported acquisition or exercise transactions in this Form 4 filing.
Sanara MedTech Inc. director Mack Roszell III received a grant of 5,308 shares of restricted common stock as equity compensation. The award was made at no cash price and increases his direct holdings to 21,842 shares.
The restricted stock will vest on the earlier of the company’s 2027 annual shareholder meeting or June 4, 2027, as long as he continues providing certain services to Sanara MedTech Inc. through that date. The grant was issued under the company’s 2024 Omnibus Long-Term Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mack Roszell III
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,308 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 21,842 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 5,308 shares
Grant price: $0.0000 per share
Holdings after grant: 21,842 shares
+1 more
4 metrics
Restricted stock grant
5,308 shares
Common Stock grant on June 4, 2026
Grant price
$0.0000 per share
Equity compensation, not open-market purchase
Holdings after grant
21,842 shares
Total direct common stock holdings after transaction
Vesting date
Earlier of 2027 annual meeting or June 4, 2027
Restricted stock vesting condition tied to continued service
Key Terms
restricted stock, 2024 Omnibus Long-Term Incentive Plan, annual shareholder meeting
3 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."
FAQ
What insider transaction did Sanara MedTech (SMTI) report for Mack Roszell III?
Sanara MedTech reported that director Mack Roszell III received 5,308 shares of restricted common stock as a grant. The shares were awarded at no purchase price under the 2024 Omnibus Long-Term Incentive Plan and represent equity-based compensation, not an open-market stock purchase.