Neuraxis (NRXS) CFO receives 75,231 RSUs vesting over three years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Neuraxis, Inc. reported that its Chief Financial Officer, Timothy Robert Henrichs, acquired 75,231 restricted stock units (RSUs) on common stock as an equity award. The RSUs were granted at a reference value of $4.63 per share and will vest in three equal annual installments over a three-year period, aligning the CFO’s compensation with long-term shareholder interests. All 75,231 RSUs are held as direct ownership following this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Henrichs Timothy Robert
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | RSU | 75,231 | $4.63 | $348K |
Holdings After Transaction:
RSU — 75,231 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Neuraxis (NRXS) report for its CFO?
Neuraxis reported that its Chief Financial Officer, Timothy Robert Henrichs, received a grant of 75,231 restricted stock units. These RSUs are equity-based compensation tied to Neuraxis common stock, rather than an open-market purchase or sale of existing shares.
How many RSUs were granted to the Neuraxis (NRXS) CFO and at what value?
The CFO was granted 75,231 restricted stock units with a reference value of $4.63 per share. This value typically reflects the fair market price at grant and is used to measure the size of the equity award for compensation purposes.
How do the Neuraxis (NRXS) CFO RSUs vest over time?
The RSUs granted to the Neuraxis CFO vest in three equal annual installments over a three-year period. This structure means one-third of the units becomes earned each year, encouraging longer-term service and alignment with the company’s ongoing performance.
Is the Neuraxis (NRXS) CFO’s RSU grant a stock purchase or compensation award?
The transaction is a compensation award, not an open-market stock purchase. The 75,231 RSUs were granted under the Neuraxis, Inc. 2022 Omnibus Securities and Incentive Plan as amended, reflecting equity-based pay rather than the executive buying shares in the market.
Under which plan were the Neuraxis (NRXS) RSUs granted to the CFO?
The RSUs were granted under the Neuraxis, Inc. 2022 Omnibus Securities and Incentive Plan, as amended. This plan governs stock-based incentives such as restricted stock units and is used to award equity compensation to executives and other eligible participants.
How many Neuraxis (NRXS) RSUs does the CFO hold after this grant?
Following this grant, the CFO holds a total of 75,231 restricted stock units directly. This total reflects the newly awarded RSUs and represents his reported RSU position in Neuraxis common stock after the transaction on the reported date.