---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-037571"
form_type: "8-K"
ticker: "JYNT"
cik: "0001612630"
company_name: "JOINT Corp"
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T09:34:28.386699+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# The Joint Corp. appoints Jeff Gramm to board, enters standstill with Bandera Partners (26.69% holder)

## Summary
- Gramm (Bandera portfolio manager) appointed to board effective Jan 2, 2024; will stand for election at 2024 annual meeting.
- Bandera owns ~3.94M shares (26.69% of outstanding); standstill limits ownership and includes voting commitments.
- Standstill runs through earlier of Jan 2, 2025 or 30 days before 2025 annual meeting nomination deadline.
- Board size remains at seven; Gramm fills a vacated seat.

## SEC filing metadata
- accession: 0001628280-23-037571
- form_type: 8-K
- ticker: JYNT
- cik: 0001612630
- company_name: JOINT Corp
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1612630/000162828023037571/0001628280-23-037571-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1612630/000162828023037571/jynt-20231106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-037571
- JSON: https://secwatch.observer/filing/0001628280-23-037571.json
- Plain text: https://secwatch.observer/filing/0001628280-23-037571.txt

## Key facts
- Executive change
  Jeff Gramm was appointed as Director at JOINT Corp.
  - Action: appointed
  - Role: Director
  source text: the Board agreed to appoint Mr. Gramm to the Board effective as of January 2, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1612630/000162828023037571/0001628280-23-037571-index.htm
- Material Agreements
  JOINT Corp entered into Nomination and Standstill Agreement with Bandera Partners LLC and certain of its affiliates valued at appointment of Jefferson Gramm as director effective January 2, 2024; inclusion in slate for 2024 an (effective 2023-11-06).
  - Action: entry
  - Counterparty: Bandera Partners LLC and certain of its affiliates
  - Value: appointment of Jefferson Gramm as director effective January 2, 2024; inclusion in slate for 2024 an
  - Effective: 2023-11-06
  source text: On November 6, 2023, The Joint Corp. (the “ Company ”) entered into a Nomination and Standstill Agreement (the “ Nomination and Standstill Agreement ”) with Bandera Partners LLC and certain of its affiliates (collectively, “ Bandera ”) regarding the membership and composition of the Company’s board of directors (the “ Board ”) and related matters.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1612630/000162828023037571/0001628280-23-037571-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.