Sanara MedTech director granted 4,616 restricted shares
Ortwein Sara N reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Ortwein Sara N reported acquisition or exercise transactions in this Form 4 filing.
Sanara MedTech Inc. director Sara N. Ortwein received a grant of 4,616 shares of common stock as restricted stock under the company’s 2024 Omnibus Long-Term Incentive Plan. These shares were awarded at no cash cost and increase her direct holdings to 25,415 shares.
The restricted stock will vest on the earlier of the company’s 2027 annual shareholder meeting or June 4, 2027, as long as she continues providing specified services to Sanara MedTech through that date. This filing reflects a compensation-related equity award rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,616 | $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 on the earlier of (i) the date of the 2027 annual shareholder meeting or (ii) June 04, 2027, provided that the reporting person is providing certain services to the Issuer through such date.
Key Figures
Key Terms
restricted stock financial
2024 Omnibus Long-Term Incentive Plan financial
vest financial
FAQ
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What insider transaction did Sanara MedTech (SMTI) report for Sara N. Ortwein?
Was cash paid for the Sanara MedTech (SMTI) restricted stock granted to Sara N. Ortwein?
What plan governs the restricted stock grant to Sara N. Ortwein at Sanara MedTech (SMTI)?
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