Sanara MedTech COO gets 13,956-share stock grant
Waldrop Jacob A. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Waldrop Jacob A. reported acquisition or exercise transactions in this Form 4 filing.
Sanara MedTech Inc. reported that Chief Operating Officer Jacob A. Waldrop received a grant of 13,956 shares of common stock as restricted stock under the company’s 2024 Omnibus Long-Term Incentive Plan. Following this equity award, his direct holdings total 24,755 shares of common stock.
The restricted stock will vest in three equal installments, with one-third of the shares vesting on March 22 of 2027, 2028 and 2029, provided he remains employed by Sanara MedTech through each vesting date. This is a compensation-related award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,956 | $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 in three equal installments, with one-third of the shares vesting on March 22, 2027, 2028 and 2029, respectively, provided that the reporting person is employed by the Issuer through each such date.
FAQ
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What insider transaction did Sanara MedTech (SMTI) COO Jacob Waldrop report?
Is the Sanara MedTech COO Form 4 a stock purchase or a compensation grant?
What conditions must be met for the COO’s Sanara MedTech restricted stock to vest?
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