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ENDRA Life Sciences (NDRA) CEO receives 75,000-share RSU grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ENDRA Life Sciences Chief Executive Officer and Director Alexander Y. Tokman received 75,000 shares of common stock on January 21, 2026 as an equity award. These shares represent restricted stock units that convert into common stock on a one-for-one basis and will vest in full on January 21, 2027. Following this grant, Tokman beneficially owned 75,005 shares of ENDRA Life Sciences common stock directly.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Tokman Alexander Y

(Last) (First) (Middle)
C/O ENDRA LIFE SCIENCES INC.
3600 GREEN COURT, SUITE 350

(Street)
ANN ARBOR MI 48105

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ENDRA Life Sciences Inc. [ NDRA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/21/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/21/2026 A 75,000(1) A $0 75,005 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units ("RSUs") that convert to common stock on a one-for-one basis. The RSUs will vest in full on January 21, 2027.
/s/ Alexander Y. Tokman by Mark Busch, attorney-in- fact 01/23/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did NDRA report for Alexander Y. Tokman?

ENDRA Life Sciences reported that Chief Executive Officer and Director Alexander Y. Tokman was granted 75,000 shares of common stock on January 21, 2026 as an equity award.

What type of award did NDRA grant to its CEO on January 21, 2026?

The award consists of restricted stock units (RSUs) that convert to common stock on a one-for-one basis, as disclosed in the filing footnote.

When do Alexander Y. Tokman’s NDRA RSUs vest?

The filing states that the RSUs will vest in full on January 21, 2027, at which time they convert into ENDRA Life Sciences common shares.

What price per share was reported for the NDRA RSU grant?

The Form 4 shows a transaction price of $0 per share, indicating the RSUs were granted as compensation rather than purchased on the open market.

How many NDRA shares does Alexander Y. Tokman beneficially own after this transaction?

After the reported grant, Alexander Y. Tokman beneficially owned 75,005 shares of ENDRA Life Sciences common stock in direct ownership.

What is Alexander Y. Tokman’s role at ENDRA Life Sciences?

The Form 4 identifies Alexander Y. Tokman as both a Director and the Chief Executive Officer of ENDRA Life Sciences Inc.

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Diagnostics & Research
Electromedical & Electrotherapeutic Apparatus
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United States
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