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

Role: Ch. Acct. & Ch. Admin. Officer
Signature: /s/ Michael D. McNeil
Stock symbol: SMTI
Transactions as of: Apr 10, 2025
Transactions value $: -$55,201
Form type: 4
Date filed: 4/11/2025, 04:30 PM
Previous filing: Mar 21, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SMTI	Common Stock	Tax liability	-$18.3K	-527	-1.62%	$34.69	32K	Apr 10, 2025	Direct	F1
transaction	SMTI	Common Stock	Tax liability	-$11.9K	-343	-1.07%	$34.69	31.7K	Apr 10, 2025	Direct	F2
transaction	SMTI	Common Stock	Tax liability	-$12.5K	-378	-1.19%	$33.01	31.3K	Apr 10, 2025	Direct	F3
transaction	SMTI	Common Stock	Tax liability	-$12.5K	-362	-1.16%	$34.65	30.9K	Apr 10, 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.