Sanara MedTech (SMTI) director receives 4,154 restricted shares, total holdings 26,858
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Salamone Ann Beal reported acquisition or exercise transactions in this Form 4 filing.
Sanara MedTech Inc. director Ann Beal Salamone received a grant of 4,154 shares of restricted common stock as compensation under the company’s 2024 Omnibus Long-Term Incentive Plan. Following this award, she directly holds 26,858 shares of Sanara MedTech common stock.
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 certain services to Sanara MedTech through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Salamone Ann Beal
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,154 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 26,858 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 4,154 shares
Post-grant holdings: 26,858 shares
Grant price per share: $0.00 per share
+2 more
5 metrics
Restricted stock grant
4,154 shares
Grant of restricted common stock to director on June 4, 2026
Post-grant holdings
26,858 shares
Total common shares held directly by Ann Beal Salamone after grant
Grant price per share
$0.00 per share
Reported price for the restricted stock award
Latest vesting date
June 4, 2027
Latest possible vesting date for the restricted stock
Plan year
2024
Sanara MedTech Inc. 2024 Omnibus Long-Term Incentive Plan
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 insider transaction did Sanara MedTech (SMTI) report for Ann Beal Salamone?
Sanara MedTech reported that director Ann Beal Salamone received 4,154 shares of restricted common stock as a grant. The award was made under the 2024 Omnibus Long-Term Incentive Plan and is a compensation-related acquisition, not an open-market purchase or sale.
What plan governs the restricted stock grant to Ann Beal Salamone at Sanara MedTech (SMTI)?
The restricted stock grant to Ann Beal Salamone was issued under the Sanara MedTech Inc. 2024 Omnibus Long-Term Incentive Plan. This plan provides equity-based compensation, such as restricted stock, to directors and other eligible service providers of the company.
Was cash paid for the restricted stock granted to Ann Beal Salamone at Sanara MedTech (SMTI)?
No cash was paid for this restricted stock grant; the reported price per share is $0.00. The award represents equity compensation granted by Sanara MedTech to Ann Beal Salamone rather than an open-market purchase of shares.