Cheryl R. Blanchard - 09 Mar 2026 Form 4 Insider Report for Anika Therapeutics, Inc. (ANIK)

Role: Director
Signature: /s/ Cheryl R. Blanchard
Issuer symbol: ANIK
Transactions as of: 09 Mar 2026
Net transactions value: $0
Form type: 4
Filing time: 11 Mar 2026, 16:24:57 UTC
Previous filing: 05 Aug 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Blanchard Cheryl R	Director	C/O ANIKA THERAPEUTICS, INC., 32 WIGGINS AVENUE, BEDFORD	/s/ Cheryl R. Blanchard	11 Mar 2026	0001326530

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ANIK	Common Stock	Options Exercise		+20,001	+10%		217,321	09 Mar 2026	Direct	F1
transaction	ANIK	Common Stock	Tax liability		-5,871	-2.7%	$14.96^*	211,450	09 Mar 2026	Direct	F2
holding	ANIK	Common Stock						11,742	09 Mar 2026	Revocable Trust	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ANIK	Restricted Stock Unit	Options Exercise		-20,001	-100%	$0.000000^*	0	09 Mar 2026	Common Stock	20,001		Direct	F1, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents the contingent right to receive one share of Issuer common stock.
F2	Reflects an aggregate of 5,871 shares of common stock retained by the Issuer to satisfy tax withholding obligations with respect to RSUs that vested on March 9, 2026.
F3	Consists of shares held by The Cheryl R. Blanchard Amended and Restated Revocable Trust dated December 19, 2014, of which the Reporting Person is a beneficiary and the sole trustee.
F4	On March 9, 2023, the Reporting Person was granted 60,004 RSUs vesting in three equal annual installments beginning on March 9, 2024. This transaction reflects the third and final vesting installment of such RSU award.