Michael D. McNeil - 10 Apr 2025 Form 4 Insider Report for Sanara MedTech Inc. (SMTI)

Signature
/s/ Michael D. McNeil
Issuer symbol
SMTI
Transactions as of
10 Apr 2025
Transactions value $
-$55,201
Form type
4
Filing time
11 Apr 2025, 16:30:22 UTC
Previous filing
21 Mar 2025
Next filing
19 Aug 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMTI Common Stock Tax liability -$18,281 -527 -1.62% $34.69 31,994 10 Apr 2025 Direct F1
transaction SMTI Common Stock Tax liability -$11,898 -343 -1.07% $34.69 31,651 10 Apr 2025 Direct F2
transaction SMTI Common Stock Tax liability -$12,477 -378 -1.19% $33.01 31,273 10 Apr 2025 Direct F3
transaction SMTI Common Stock Tax liability -$12,543 -362 -1.16% $34.65 30,911 10 Apr 2025 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 vesting of 2,183 shares of restricted stock granted to the reporting person on March 8, 2022. 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.
F2 Represents shares of common stock of the Issuer withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 1,406 shares of restricted stock granted to the reporting person on March 2, 2023. 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.
F3 Represents shares of common stock of the Issuer withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 1,550 shares of restricted stock granted to the reporting person on March 7, 2024. 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.
F4 Represents shares of common stock of the Issuer withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 1,486 shares of restricted stock granted to the reporting person on March 19, 2025. 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.