Sanara MedTech CFO granted 12,687 RS shares
Taylor Elizabeth B reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Taylor Elizabeth B reported acquisition or exercise transactions in this Form 4 filing.
Sanara MedTech Inc. granted its Chief Financial Officer, Elizabeth B. Taylor, 12,687 shares of restricted common stock as equity compensation. These shares were awarded at no cash cost and increase her direct holdings to 17,632 common shares following the transaction.
The restricted stock will vest in three equal installments, with one-third vesting on March 22 of 2027, 2028, and 2029, respectively. Vesting is conditioned on her continued employment with Sanara MedTech through each vesting date, aligning a portion of her compensation with the company’s long-term performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,687 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents shares of restricted stock granted by Sanara MedTech Inc. (the "Issuer") to the reporting person pursuant to the Sanara MedTech Inc. 2024 Omnibus Long-Term Incentive Plan. The restricted stock will vest in three equal installments, with one-third of the shares vesting on March 22, 2027, 2028 and 2029, respectively, provided that the reporting person is employed by the Issuer through each such date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sanara MedTech (SMTI) report for its CFO?
What are the vesting terms of the Sanara MedTech (SMTI) CFO’s restricted stock grant?
Is the Sanara MedTech (SMTI) CFO’s Form 4 transaction a market purchase or sale?
What conditions apply to the Sanara MedTech (SMTI) CFO’s restricted stock award?
AI-generated analysis. How Rhea-AI works. Not financial advice.