BACK · IMAC Holdings, Inc.
Substantial doubt about the company's ability to continue as a going concern.
“Our management team has determined that our financial condition raises substantial doubt as to our ability to continue as a going concern.”View the 10-Q filed Dec 17, 2025
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2024-12-31 | Busch Jeffrey |
Director |
Award↑
Filing footnotes — Common Stock, no par value (Direct)
The Reporting Person received shares of common stock granted under the Issuer's 2018 Incentive Compensation Plan constituting annual board compensation with respect Reporting Person's service as a director during 2024. |
Common Stock, no par value
|
3,333 |
| 2024-12-31 | Schwartz Matthew Wilson |
Director |
Award↑
Filing footnotes — Common Stock, no par value (Direct)
The Reporting Person received shares of common stock granted under the Issuer's 2018 Incentive Compensation Plan constituting annual board compensation with respect Reporting Person's service as a director during 2024. |
Common Stock, no par value
|
3,333 |
| 2024-12-31 | Pruitt Michael D |
Director, Chief Executive Officer |
Award↑
Filing footnotes — Common Stock, no par value (Direct)
The Reporting Person received shares of common stock granted under the Issuer's 2018 Incentive Compensation Plan constituting annual board compensation with respect Reporting Person's service as a director during 2024. |
Common Stock, no par value
|
3,333 |
| 2024-12-31 | Beitsch Peter |
Director |
Award↑
Filing footnotes — Common Stock, no par value (Direct)
The Reporting Person received shares of common stock granted under the Issuer's 2018 Incentive Compensation Plan constituting annual board compensation with respect Reporting Person's service as a director during 2024. |
Common Stock, no par value
|
3,333 |
| 2024-12-31 | Evans Maurice E. |
Director |
Award↑
Filing footnotes — Common Stock, no par value (Direct)
The Reporting Person received shares of common stock granted under the Issuer's 2018 Incentive Compensation Plan constituting annual board compensation with respect Reporting Person's service as a director during 2024. |
Common Stock, no par value
|
3,333 |
| 2024-09-09 | Sucoff Cary |
Director |
Award↑
Filing footnotes — Stock Option (right to buy) (Direct)
Such options were granted under the Plan for service as a director during 2024. Such options will vest upon such date as the Issuer is in compliance with certain of The Nasdaq Stock Market's continued listing requirements. |
Stock Option (right to buy)
|
10,000 |
| 2024-09-09 | Sucoff Cary |
Director |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. The RSUs vest on September 9, 2025. The RSUs were granted under the Issuer's 2018 Incentive Compensation Plan (the "Plan") for service as a director during 2024. |
Restricted Stock Units
|
3,333 |
| 2024-06-26 | Beitsch Peter |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2024-06-26 | Schwartz Matthew Wilson |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2024-05-23 | Zaslavsky Faith |
Chief Executive Officer |
Other↑
|
No Securities Owned
|
0 |
| 2024-04-05 | Ruiz Jorge |
10% Owner |
Buy↑
|
Common stock
|
1 |
| 2024-03-27 | Ruiz Jorge |
10% Owner |
Sell↓
|
Common stock
|
5,000 |
| 2024-03-25 | Ruiz Jorge |
10% Owner |
Sell↓
|
Common stock
|
100 |
| 2024-03-25 | Ruiz Jorge |
10% Owner |
Sell↓
|
Common stock
|
200 |
| 2024-03-25 | Ruiz Jorge |
10% Owner |
Sell↓
|
Common stock
|
1,000 |
| 2024-03-25 | Ruiz Jorge |
10% Owner |
Sell↓
|
Common stock
|
500 |
| 2024-03-25 | Ruiz Jorge |
10% Owner |
Sell↓
|
Common stock
|
356 |
| 2024-03-22 | Ruiz Jorge |
10% Owner |
Buy↑
|
Common stock
|
164,872 |
| 2024-03-22 | Ruiz Jorge |
10% Owner |
Sell↓
|
Common stock
|
16,487 |
| 2023-12-20 | Sucoff Cary |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
The Reporting Person received restricted stock units granted under the Issuer's 2018 Incentive Compensation Plan with respect to service as a director during 2023. Such restricted stock units vested immediately upon the grant. |
Common Stock
|
3,333 |
| 2023-12-20 | Pruitt Michael D |
Director, Chief Executive Officer |
Convert↑
Filing footnotes — Common Stock (Direct)
The Reporting Person received restricted stock units granted under the Issuer's 2018 Incentive Compensation Plan with respect to service as a director during 2023. Such restricted stock units vested immediately upon the grant. |
Common Stock
|
3,333 |
| 2023-12-20 | Evans Maurice E. |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
The Reporting Person received restricted stock units granted under the Issuer's 2018 Incentive Compensation Plan with respect to service as a director during 2023. Such restricted stock units vested immediately upon the grant. |
Common Stock
|
3,333 |
| 2022-10-15 | Sucoff Cary |
Director |
Award↑
|
Common Stock
|
100,000 |
| 2022-10-15 | Pruitt Michael D |
Director, Chief Executive Officer |
Tax↓
Filing footnotes — Common Stock (Direct)
Represents the number of shares withheld by the Issuer for the payment of taxes. No shares of Common Stock were sold by the Reporting Person in connection with this transaction. The Reporting Person will retain the net number of shares issued upon settlement. Represents the closing market price of the Issuer's Common Stock on Friday, October 14, 2022. |
Common Stock
|
37,000 |
| 2022-10-15 | Evans Maurice E. |
Director |
Award↑
|
Common Stock
|
100,000 |
| 2022-10-15 | Pruitt Michael D |
Director, Chief Executive Officer |
Award↑
|
Common Stock
|
100,000 |
| 2022-05-21 | Gardzina Sheri |
Chief Financial Officer |
Convert↑
Filing footnotes — Common Stock (Direct)
Represents time-based restricted stock units ("RSUs") awarded by the Issuer on May 21, 2019, and vest over a period of four years in four equal annual installments, with 9,375 shares vesting on each of May 21, 2020, May 21, 2021, May 21, 2022 and May 21, 2023, and with full acceleration of vesting upon a change of control of the Issuer, in accordance with the terms of the Issuer's 2019 Incentive Compensation Plan and the form of restricted stock unit agreement with respect to such award. |
Common Stock
|
9,375 |
| 2022-05-21 | Ervin Jeffrey S |
CHIEF FINANCIAL OFFICER |
Convert↓
Filing footnotes — Time-Based Restricted Stock Unit (Direct)
Represents time-based restricted stock units ("RSUs") awarded by the Issuer on May 21, 2019, and vest over a period of four years in four equal annual installments, with 37,500 shares vesting on each of May 21, 2020, May 21, 2021, May 21, 2022 and May 21, 2023, and with full acceleration of vesting upon a change of control of the Issuer, in accordance with the terms of the Issuer's 2019 Incentive Compensation Plan and the form of restricted stock unit agreement with respect to such award. |
Time-Based Restricted Stock Unit
|
37,500 |
| 2022-05-21 | Gardzina Sheri |
Chief Financial Officer |
Convert↓
Filing footnotes — Time-Based Restricted Stock Unit (Direct)
Represents time-based restricted stock units ("RSUs") awarded by the Issuer on May 21, 2019, and vest over a period of four years in four equal annual installments, with 9,375 shares vesting on each of May 21, 2020, May 21, 2021, May 21, 2022 and May 21, 2023, and with full acceleration of vesting upon a change of control of the Issuer, in accordance with the terms of the Issuer's 2019 Incentive Compensation Plan and the form of restricted stock unit agreement with respect to such award. |
Time-Based Restricted Stock Unit
|
9,375 |
| 2022-05-21 | Ervin Jeffrey S |
CHIEF FINANCIAL OFFICER |
Convert↑
Filing footnotes — Common Stock (Direct)
Represents time-based restricted stock units ("RSUs") awarded by the Issuer on May 21, 2019, and vest over a period of four years in four equal annual installments, with 37,500 shares vesting on each of May 21, 2020, May 21, 2021, May 21, 2022 and May 21, 2023, and with full acceleration of vesting upon a change of control of the Issuer, in accordance with the terms of the Issuer's 2019 Incentive Compensation Plan and the form of restricted stock unit agreement with respect to such award. |
Common Stock
|
37,500 |
| 2022-02-21 | Lerner Benjamin S |
Chief Operating Officer |
Other↑
|
No Securities Owned
|
0 |
| 2022-02-21 | Lerner Benjamin S |
Chief Operating Officer |
Award↑
Filing footnotes — Stock Options (Direct)
On February 21, 2022, Dr. Lerner was issued 50,000 stock options in connection with his appointment as Chief Operating Officer of the Issuer. The stock options will vest over a period of two years in two equal annual installments. |
Stock Options
|
50,000 |
| 2022-02-21 | Lerner Benjamin S |
Chief Operating Officer |
Award↑
Filing footnotes — Common Stock (Direct)
On February 21, 2022, Dr. Lerner was issued 100,000 restricted shares of the Issuer's common stock in connection with his appointment as the Chief Operating Officer of the Issuer. |
Common Stock
|
100,000 |
| 2022-01-01 | Evans Maurice E. |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
Each restricted stock unit represents a contingent right to receive one share of common stock of IMAC Holdings, Inc. (the "Company"). |
Common Stock
|
50,000 |
| 2022-01-01 | Sucoff Cary |
Director |
Convert↓
Filing footnotes — Restricted Stock Unit (Direct)
Each restricted stock unit represents a contingent right to receive one share of common stock of IMAC Holdings, Inc. (the "Company"). On October 31, 2020, the Company granted Mr. Sucoff restricted stock units for 100,000 shares of the Company's common stock covering two years of service as a director, 50% vesting in four equal quarterly installments commencing on February 1, 2021 and 50% vesting January 1, 2022, provided Mr. Sucoff remains a director of the Company. This Form 4 reflects the vesting of 50,000 shares of common stock on January 1, 2022. |
Restricted Stock Unit
|
50,000 |
| 2022-01-01 | Sucoff Cary |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
Each restricted stock unit represents a contingent right to receive one share of common stock of IMAC Holdings, Inc. (the "Company"). |
Common Stock
|
50,000 |
| 2022-01-01 | Evans Maurice E. |
Director |
Convert↓
Filing footnotes — Restricted Stock Unit (Direct)
Each restricted stock unit represents a contingent right to receive one share of common stock of IMAC Holdings, Inc. (the "Company"). On October 31, 2020, the Company granted Mr. Evans restricted stock units for 100,000 shares of the Company's common stock covering two years of service as a director, 50% vesting in four equal quarterly installments commencing on February 1, 2021, and 50% vesting on January 1, 2022, provided Mr. Evans remains a director of the Company. This Form 4 reflects the vesting of 50,000 shares of common stock on January 1, 2022. |
Restricted Stock Unit
|
50,000 |
| 2022-01-01 | Pruitt Michael D |
Director, Chief Executive Officer |
Convert↓
Filing footnotes — Restricted Stock Unit (Direct)
Each restricted stock unit represents a contingent right to receive one share of common stock of IMAC Holdings, Inc. (the "Company"). On October 31, 2020, the Company granted Mr. Pruitt restricted stock units for 100,000 shares of the Company's common stock covering two years of service as a director, 50% vesting in four equal quarterly installments commencing on February 1, 2021 and 50% vesting on January 1, 2022, provided Mr. Pruitt remains a director of the Company. This Form 4 reflects the vesting of 50,000 shares of common stock on January 1, 2022. |
Restricted Stock Unit
|
50,000 |
| 2022-01-01 | Pruitt Michael D |
Director, Chief Executive Officer |
Convert↑
Filing footnotes — Common Stock (Direct)
Each restricted stock unit represents a contingent right to receive one share of common stock of IMAC Holdings, Inc. (the "Company"). |
Common Stock
|
50,000 |
| 2021-11-01 | Evans Maurice E. |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
Each restricted stock unit represents a contingent right to receive one share of common stock of IMAC Holdings, Inc. (the "Company"). |
Common Stock
|
12,500 |
| 2021-11-01 | Sucoff Cary |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
Each restricted stock unit represents a contingent right to receive one share of common stock of IMAC Holdings, Inc. (the "Company"). |
Common Stock
|
12,500 |
| 2021-11-01 | Pruitt Michael D |
Director, Chief Executive Officer |
Convert↑
Filing footnotes — Common Stock (Direct)
Each restricted stock unit represents a contingent right to receive one share of common stock of IMAC Holdings, Inc. (the "Company"). |
Common Stock
|
12,500 |
| 2021-11-01 | Sucoff Cary |
Director |
Convert↓
Filing footnotes — Restricted Stock Unit (Direct)
Each restricted stock unit represents a contingent right to receive one share of common stock of IMAC Holdings, Inc. (the "Company"). On October 31, 2020, the Company granted Mr. Sucoff restricted stock units for 100,000 shares of the Company's common stock covering two years of service as a director, vesting in eight equal quarterly installments commencing on February 1, 2021, provided Mr. Sucoff remains a director of the Company. This Form 4 reflects the vesting of 12,500 shares of common stock on November 1, 2021. |
Restricted Stock Unit
|
12,500 |
| 2021-11-01 | Pruitt Michael D |
Director, Chief Executive Officer |
Convert↓
Filing footnotes — Restricted Stock Unit (Direct)
Each restricted stock unit represents a contingent right to receive one share of common stock of IMAC Holdings, Inc. (the "Company"). On October 31, 2020, the Company granted Mr. Pruitt restricted stock units for 100,000 shares of the Company's common stock covering two years of service as a director, vesting in eight equal quarterly installments commencing on February 1, 2021, provided Mr. Pruitt remains a director of the Company. This Form 4 reflects the vesting of 12,500 shares of common stock on November 1, 2021. |
Restricted Stock Unit
|
12,500 |
| 2021-11-01 | Evans Maurice E. |
Director |
Convert↓
Filing footnotes — Restricted Stock Unit (Direct)
Each restricted stock unit represents a contingent right to receive one share of common stock of IMAC Holdings, Inc. (the "Company"). On October 31, 2020, the Company granted Mr. Evans restricted stock units for 100,000 shares of the Company's common stock covering two years of service as a director, vesting in eight equal quarterly installments commencing on February 1, 2021, provided Mr. Evans remains a director of the Company. This Form 4 reflects the vesting of 12,500 shares of common stock on November 1, 2021. |
Restricted Stock Unit
|
12,500 |
| 2021-08-01 | Sucoff Cary |
Director |
Convert↓
Filing footnotes — Restricted Stock Unit (Direct)
Each restricted stock unit represents a contingent right to receive one share of IMAC Holdings, Inc. (the "Company") common stock. On October 31, 2020, the Company granted Mr. Sucoff restricted stock units for 100,000 shares of the Company's common stock covering two years of service as a director, vesting in eight equal quarterly installments commencing on February 1, 2021, provided Mr. Sucoff remains a director of the Company. |
Restricted Stock Unit
|
12,500 |
| 2021-08-01 | Evans Maurice E. |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
Each restricted stock unit represents a contingent right to receive one share of IMAC Holdings, Inc. (the "Company") common stock. |
Common Stock
|
12,500 |
| 2021-08-01 | Pruitt Michael D |
Director, Chief Executive Officer |
Convert↑
Filing footnotes — Common Stock (Direct)
Each restricted stock unit represents a contingent right to receive one share of IMAC Holdings, Inc. (the "Company") common stock. |
Common Stock
|
12,500 |
| 2021-08-01 | Evans Maurice E. |
Director |
Convert↓
Filing footnotes — Restricted Stock Unit (Direct)
Each restricted stock unit represents a contingent right to receive one share of IMAC Holdings, Inc. (the "Company") common stock. On October 31, 2020, the Company granted Mr. Evans restricted stock units for 100,000 shares of the Company's common stock covering two years of service as a director, vesting in eight equal quarterly installments commencing on February 1, 2021, provided Mr. Evans remains a director of the Company. |
Restricted Stock Unit
|
12,500 |
| 2021-08-01 | Sucoff Cary |
Director |
Convert↑
Filing footnotes — Common Stock (Direct)
Each restricted stock unit represents a contingent right to receive one share of IMAC Holdings, Inc. (the "Company") common stock. |
Common Stock
|
12,500 |