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Companies Sanara MedTech Inc.

Sanara MedTech (SMTI): executive pay, fiscal 2025

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CEO total pay$2,306,511CEO Seth Yon · source

CEO pay, last three years

  • $2,306,511FY2025

CEO total pay was $2,306,511 in fiscal 2025; the brief holds no earlier figure for this CEO.

FY2025: salary $478,903 · bonus $472,000 · stock awards $1,318,742 · option awards $0

Frequently asked questions

Who was the highest-paid executive at Sanara MedTech Inc. in fiscal 2025?
As disclosed, Seth Yon (President and Chief Executive Officer) was the highest-paid executive at Sanara MedTech Inc. in fiscal 2025, with total compensation of $2,306,511.
How much does Sanara MedTech Inc. spend in total on board compensation for fiscal 2025?
As disclosed, Sanara MedTech Inc. reported total board compensation of $1,173,473 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Seth Yon$478,903$472,000$1,318,742$0$0$0$36,866$2,306,511
President and Chief Executive Officer
Jacob Waldrop315,000234,000306,24400012,600867,844
Chief Operating Officer
Suresh Muppalla612,7940103,0140000715,808
Former President and Chief Executive Officer of Tissue Health Plus, LLC
Elizabeth Taylor240,545209,000187,5090000637,054
Chief Financial Officer
Ronald Nixon247,9940262,48500075,000585,479
Former Chief Executive Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Seth Yon$2,306,511———
Jacob Waldrop867,844518,219—↑ +349,625
Suresh Muppalla715,808———
Elizabeth Taylor637,054———
Ronald Nixon585,479855,758—↓ −270,279

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

The intent of the compensation program is to align executives' interests with those of shareholders while providing reasonable and competitive compensation. Executive compensation typically consists of base salary, annual cash bonus, and longer-term incentive compensation of equity-based incentive awards.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultant—
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
Equity grants and outstanding awards

No plan-based awards are on file for this fiscal year.

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Elizabeth TaylorRSU5,382—$125,670
Ronald NixonRSU7,534—175,919
Jacob WaldropRSU10,341—241,462
Seth YonRSU70,254—1,640,431
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Ann Beal SalamoneNot independent$40,000$87,051——$177,697$304,748
Robert A. DeSutterIndependent · Audit Committee · Nominating and Corporate Governance Committee (Chair) · Corporate Development Committee (Chair)40,000116,089——0156,089
Eric D. TanzbergerIndependent · Audit Committee (Chair) · Corporate Development Committee40,000111,254——0151,254
Roszell Mack IIIIndependent · Audit · Compensation40,000106,389——0146,389
Eric D. MajorIndependent · Compensation Committee · Nominating and Corporate Governance Committee · Corporate Development Committee40,000101,554——0141,554
Sara N. OrtweinIndependent · Compensation Committee (Chair) · Nominating and Corporate Governance Committee40,000101,554——0141,554
Keith G. MyersIndependent · Corporate Development Committee40,00091,885——0131,885

Board fee structure and ownership guideline

Annual cash retainer$40,000
Annual equity retainer$90,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 10,000 / 10,000
Stock ownership guideline—

Total cost of the board

ComponentFY2025
Cash retainers and fees$280,000
Equity awards (grant-date value)$715,776
All other compensation$177,697
Total cost of the board$1,173,473

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names Sanara MedTech as a peer

Companies that benchmark against SMTI

No companies currently name SMTI as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Sanara MedTech Inc.2025Seth Yon$478,903$1,318,742$0$0$2,306,511

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Say-on-pay history and pay ratio

No say-on-pay vote is on file for this company.

Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (15 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Seth Yon. DEF 14A, filed 2026-04-17. Section “Summary Compensation Table” · page 26. As printed: 2,306,511. View filing ↗
  • Section 01, Jacob Waldrop. DEF 14A, filed 2026-04-17. Section “Summary Compensation Table” · page 26. As printed: 867,844. View filing ↗
  • Section 01, Suresh Muppalla. DEF 14A, filed 2026-04-17. Section “Summary Compensation Table” · page 26. As printed: 715,808. View filing ↗
  • Section 01, Elizabeth Taylor. DEF 14A, filed 2026-04-17. Section “Summary Compensation Table” · page 26. As printed: 637,054. View filing ↗
  • Section 01, Ronald Nixon. DEF 14A, filed 2026-04-17. Section “Summary Compensation Table” · page 26. As printed: 585,479. View filing ↗
  • Section 08, Ann Beal Salamone. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 304,748. View filing ↗
  • Section 08, Robert A. DeSutter. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 156,089. View filing ↗
  • Section 08, Eric D. Tanzberger. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 151,254. View filing ↗
  • Section 08, Roszell Mack III. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 146,389. View filing ↗
  • Section 08, Eric D. Major. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 141,554. View filing ↗
  • Section 08, Sara N. Ortwein. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 141,554. View filing ↗
  • Section 08, Keith G. Myers. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 131,885. View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 09b board cost (computed). Computed. Cash 280,000 + equity 715,776 + all other 177,697 = 1,173,473, summed across the director compensation table rows.
  • Sanara MedTech Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-17. CEO total compensation as printed in Sanara MedTech Inc.'s own proxy. As printed: 2,306,511. View filing ↗
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