STOCK TITAN

Sanara MedTech (SMTI) director receives 4,385-share restricted stock grant

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

Rhea-AI Filing Summary

Myers Keith G reported acquisition or exercise transactions in this Form 4 filing.

Sanara MedTech Inc. director Keith G. Myers reported receiving a grant of 4,385 shares of common stock as restricted stock under the Sanara MedTech Inc. 2024 Omnibus Long-Term Incentive Plan. The award was made at no cash cost per share and increases his directly held position to 9,325 shares.

The restricted stock will vest on the earlier of the company’s 2027 annual shareholder meeting or June 4, 2027, provided Myers continues to provide certain services to the company through that date.

Positive

  • None.

Negative

  • None.
Insider Myers Keith G
Role null
Type Security Shares Price Value
Grant/Award Common Stock 4,385 $0.00 --
Holdings After Transaction: Common Stock — 9,325 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock grant 4,385 shares Common stock awarded on June 4, 2026
Grant price $0.0000 per share Equity compensation, no cash paid
Holdings after transaction 9,325 shares Total common stock directly held after grant
Vesting outside date June 4, 2027 Latest vesting date if service condition met
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.
annual shareholder meeting financial
"the date of the 2027 annual shareholder meeting"
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*
Myers Keith G

(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 Stock06/04/2026A4,385(1)A$09,325D
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 04, 2027, provided that the reporting person is providing certain services to the Issuer through such date.
/s/ Keith G. Myers06/05/2026
** 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) director Keith G. Myers report in this Form 4?

Keith G. Myers reported receiving 4,385 shares of Sanara MedTech common stock as a restricted stock grant. This award was issued under the company’s 2024 Omnibus Long-Term Incentive Plan and reflects compensation, not an open-market stock purchase.

How many Sanara MedTech (SMTI) shares does Keith G. Myers hold after this grant?

After the grant, Keith G. Myers holds 9,325 shares of Sanara MedTech common stock directly. This total includes the newly granted 4,385 restricted shares, which are subject to vesting conditions tied to service through the specified future date.

What are the vesting terms of the 4,385 restricted shares at Sanara MedTech (SMTI)?

The 4,385 restricted shares vest on the earlier of the 2027 annual shareholder meeting or June 4, 2027. Vesting requires that Keith G. Myers continue providing certain services to Sanara MedTech through that date as specified in the award’s terms.

Did Keith G. Myers pay cash for the Sanara MedTech (SMTI) restricted stock grant?

No cash was paid for this restricted stock grant; the transaction price per share is reported as 0.0000. The award represents equity-based compensation granted under Sanara MedTech’s 2024 Omnibus Long-Term Incentive Plan rather than an open-market purchase.

Under which plan was the new Sanara MedTech (SMTI) restricted stock granted?

The restricted stock granted to Keith G. Myers was issued under the Sanara MedTech Inc. 2024 Omnibus Long-Term Incentive Plan. This plan authorizes equity-based awards such as restricted stock to directors and other service providers as part of their compensation.