ENDRA Life Sciences (NDRA) director awarded 60,324 RSUs at $0
Rhea-AI Filing Summary
ENDRA Life Sciences director Michael Harsh reported an equity award of 60,324 shares on January 21, 2026. The filing shows these are restricted stock units (RSUs) that convert into common stock on a one-for-one basis and will vest in full on January 21, 2026. The transaction was recorded at a price of $0 per share, indicating a compensatory grant rather than an open-market purchase. Following this award, Harsh beneficially owned 65,710 shares of common stock, and his holdings include unvested RSUs.
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FAQ
What insider transaction did NDRA director Michael Harsh report?
Director Michael Harsh reported the acquisition of 60,324 shares of ENDRA Life Sciences common stock on January 21, 2026, recorded as an equity award at $0 per share.
Are the 60,324 NDRA shares acquired by Michael Harsh restricted stock units (RSUs)?
Yes. A footnote explains the 60,324 shares represent restricted stock units (RSUs) that convert into common stock on a one-for-one basis.
When do Michael Harsh’s NDRA RSUs vest?
The filing states that these RSUs will vest in full on January 21, 2026, at which time they convert into ENDRA Life Sciences common stock on a one-for-one basis.
How many NDRA shares does Michael Harsh own after this Form 4 transaction?
After the reported RSU award, Michael Harsh beneficially owned 65,710 shares of ENDRA Life Sciences common stock, including unvested RSUs.
Was there any cash paid for the NDRA shares reported by Michael Harsh?
No. The Form 4 lists a transaction price of $0 per share for the 60,324 shares, indicating they were received as part of an equity compensation award, not bought on the open market.
Is Michael Harsh a director or officer of ENDRA Life Sciences (NDRA)?
The Form 4 identifies Michael Harsh as a director of ENDRA Life Sciences Inc. and not as an officer or 10% owner.