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Restricted stock grant to Sanara MedTech (SMTI) director Eric D. Major

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Major Eric D reported acquisition or exercise transactions in this Form 4 filing.

Sanara MedTech Inc. reported that director Eric D. Major received a grant of 4,846 shares of common stock as restricted stock under the company’s 2024 Omnibus Long-Term Incentive Plan. The grant was made at no cash cost to him and increases his direct holdings to 14,232 shares.

The restricted stock will vest on the earlier of the company’s 2027 annual shareholder meeting or June 4, 2027, as long as Major continues providing certain services to Sanara MedTech through that date. Until vesting, the award functions as equity-based compensation tied to his ongoing service to the company.

Positive

  • None.

Negative

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Insider Major Eric D
Role null
Type Security Shares Price Value
Grant/Award Common Stock 4,846 $0.00 --
Holdings After Transaction: Common Stock — 14,232 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock granted 4,846 shares Common Stock award to director on June 4, 2026
Transaction price per share $0.0000 per share Equity grant, no cash consideration
Total shares after grant 14,232 shares Director’s direct holdings following transaction
Latest vesting date June 4, 2027 Vests earlier of 2027 annual meeting or this date
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 4, 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.
annual shareholder meeting financial
"the earlier of (i) the date of the 2027 annual shareholder meeting or (ii) June 4, 2027"
A yearly gathering where a company’s owners (shareholders) and its leaders meet to review performance, approve key decisions like electing directors, and vote on issues such as executive pay or major policy changes. Think of it as an annual town hall for people who own part of the business: investors use it to ask questions, influence direction through votes, and gauge management’s plans and transparency, all of which can affect the stock’s outlook.
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SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Major Eric D

(Last)(First)(Middle)
1200 SUMMIT AVE
SUITE 414

(Street)
FORT WORTH TEXAS 76102

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Sanara MedTech Inc. [ SMTI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/04/2026A4,846(1)A$014,232D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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 4, 2027, provided that the reporting person is providing certain services to the Issuer through such date.
/s/ Eric D. Major06/05/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Sanara MedTech (SMTI) disclose in this Form 4 filing?

Sanara MedTech disclosed that director Eric D. Major received 4,846 shares of restricted common stock as an equity award. The grant was made under the 2024 Omnibus Long-Term Incentive Plan and increased his direct holdings to a total of 14,232 shares.

How many Sanara MedTech (SMTI) shares were granted to Eric D. Major?

Eric D. Major was granted 4,846 shares of Sanara MedTech common stock as restricted stock. These shares were issued as a compensation award, not a market purchase, and carry vesting conditions linked to his continued service to the company through 2027.

What are the vesting terms for Eric D. Major’s restricted stock in SMTI?

The 4,846 restricted shares will vest on the earlier of Sanara MedTech’s 2027 annual shareholder meeting or June 4, 2027. Vesting requires that Major continues providing certain services to the company through that date, aligning the award with ongoing board or related service.

Did Eric D. Major pay cash for the Sanara MedTech restricted shares?

No, the Form 4 lists the transaction price per share as 0.0000, indicating no cash payment. The 4,846 shares were granted as restricted stock compensation under Sanara MedTech’s 2024 Omnibus Long-Term Incentive Plan rather than purchased on the open market.

How many Sanara MedTech (SMTI) shares does Eric D. Major hold after this grant?

Following the restricted stock award, Eric D. Major directly holds 14,232 shares of Sanara MedTech common stock. This total includes the newly granted 4,846 restricted shares, which remain subject to vesting conditions tied to the 2027 annual shareholder meeting or June 4, 2027.

Is this Sanara MedTech Form 4 a stock sale or a routine equity award?

This Form 4 reflects a routine equity award, not a stock sale. Director Eric D. Major acquired 4,846 restricted shares at no cash cost under the 2024 Omnibus Long-Term Incentive Plan, with vesting based on continued service through the company’s 2027 shareholder meeting or June 4, 2027.