Sanara MedTech CEO has 3,661 shares withheld for taxes
Sanara MedTech’s CEO had shares withheld for taxes upon restricted stock vesting, with no market sale and direct holdings now at 105,885 shares.
Rhea-AI Filing Summary
Sanara MedTech Inc. (SMTI) reported that Chief Executive Officer and director Yon Seth D had 3,661 shares of common stock withheld on September 15, 2026 to satisfy tax withholding obligations in connection with the annual vesting of 9,521 shares of restricted stock. The shares were withheld by the issuer at a value of $35.11 per share, with 105,885 shares of common stock held directly by the reporting person after this transaction. No shares were issued or sold into the market, and no Rule 10b5-1 trading plan is reported.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 3,661 | $35.11 | $129K |
Footnotes (1)
- F1. Represents shares of common stock of Sanara MedTech Inc. (the "Issuer") withheld by the Issuer to satisfy tax withholding obligations in connection with the annual vesting of 9,521 shares of restricted stock previously granted to the reporting person. No shares were issued or sold in this transaction. The per-share value assigned to the shares withheld reflects the price per share on the date on which the shares vested as reported on the Nasdaq Capital Market.
Key Figures
Key Terms
restricted stock financial
tax withholding obligations financial
Nasdaq Capital Market market
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did SMTI’s CEO report in this Form 4 transaction?
Was there an open-market sale of SMTI stock by the CEO?
Was a Rule 10b5-1 trading plan involved in this SMTI Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.