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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox not checked   Rule 13d-1(c)
Checkbox not checked   Rule 13d-1(d)


SCHEDULE 13D/A 0000921895-23-001902 0001399386 XXXXXXXX LIVE 5 Common Stock, $0.001 par value 01/05/2026 true 0001612630 47973J102 JOINT Corp 16767 N PERIMETER DRIVE SUITE 110 SCOTTSDALE AZ 85260 JEFFERSON GRAMM 212-232-4583 BANDERA PARTNERS LLC 138 Atlantic Avenue Brooklyn NY 11201 RYAN NEBEL 212-451-2300 OLSHAN FROME WOLOSKY LLP 1325 Avenue of the Americas New York NY 10019 0001399386 N Bandera Partners LLC AF N DE 0.00 3937296.00 0.00 3937296.00 3937296.00 N 26.5 OO 0001427289 N Bylinsky Gregory AF N X1 0.00 3937296.00 0.00 3937296.00 3937296.00 N 26.5 IN 0001427290 N Gramm Jefferson AF N X1 0.00 3937296.00 0.00 3937296.00 3937296.00 N 26.5 IN Common Stock, $0.001 par value JOINT Corp 16767 N PERIMETER DRIVE SUITE 110 SCOTTSDALE AZ 85260 Item 2(b) is hereby amended and restated to read as follows: The address of the principal office of each of the Reporting Persons is 138 Atlantic Avenue, Brooklyn, New York 11201. Item 4 is hereby amended to add the following: On January 5, 2026, Bandera Partners and certain of its affiliates (collectively, "Bandera") entered into a Letter Agreement (the "Letter Agreement") with the Issuer pursuant to which the Issuer agreed, among other things, to nominate Jefferson Gramm for election to the Board of Directors of the Issuer (the "Board") at the Issuer's 2026 annual meeting of stockholders and recommend that the Issuer's stockholders vote in favor of his election. Pursuant to the Letter Agreement, until the Termination Date (as defined below), Bandera agreed not to purchase or otherwise acquire securities of the Issuer in excess of the 3,937,296 Shares currently beneficially owned by Bandera, excluding awards or grants received from the Issuer in connection with Mr. Gramm's service as a director. The Letter Agreement shall remain in effect until the earlier of (i) 30 days prior to the deadline for delivery of notice for the nomination of director candidates for election to the Board at the Issuer's 2027 annual meeting of stockholders or (ii) January 21, 2027 (such date, the "Termination Date"). The foregoing description of the Letter Agreement does not purport to be complete and is qualified in its entirety by reference to the Letter Agreement, which is attached as Exhibit 99.1 hereto and is incorporated herein by reference. Item 5(a) is hereby amended and restated to read as follows: The aggregate percentage of Shares reported owned by each person named herein is based upon 14,866,192 Shares outstanding as of November 3, 2025, which is the total number of Shares outstanding as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2025. As of the date hereof, Bandera Partners and Messrs. Bylinsky and Gramm may be deemed to beneficially own the 3,937,296 Shares, constituting approximately 26.5% of the Shares outstanding, held by Bandera Master Fund. Item 5(c) is hereby amended and restated to read as follows: No Reporting Person has entered into any transactions in the securities of the Issuer during the past 60 days. Item 6 is hereby amended to add the following: On January 5, 2026, Bandera and the Issuer entered into the Letter Agreement as defined and described in Item 4 above and attached as Exhibit 99.1 hereto. Item 7 is hereby amended to add the following exhibit: 99.1 - Letter Agreement, dated January 5, 2026. Bandera Partners LLC /s/ Jefferson Gramm Jefferson Gramm, Managing Member 01/07/2026 Bylinsky Gregory /s/ Gregory Bylinsky Gregory Bylinsky 01/07/2026 Gramm Jefferson /s/ Jefferson Gramm Jefferson Gramm 01/07/2026