Sanara MedTech director awarded 5,539 shares
DeSutter Robert Andrew reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
DeSutter Robert Andrew reported acquisition or exercise transactions in this Form 4 filing.
Sanara MedTech Inc. director Robert Andrew DeSutter reported receiving a grant of 5,539 shares of common stock as restricted stock, with no cash price per share. This is a compensation-related award, not an open-market purchase.
According to the filing, the restricted stock was granted under the Sanara MedTech Inc. 2024 Omnibus Long-Term Incentive Plan and will vest on the earlier of the 2027 annual shareholder meeting or June 4, 2027, as long as DeSutter continues providing specified services to the company. After this grant, he directly holds 28,740 shares of Sanara MedTech common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,539 | $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.
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