Director at Neuraxis (NRXS) receives 21,598-share equity grant as compensation

Rhea-AI Filing Summary

Neuraxis, INC director granted shares as equity compensation. Director Jane Elizabeth Keyser acquired 21,598 shares of Neuraxis common stock on January 22, 2026 at a stated price of $4.63 per share through a grant, not an open-market purchase.

After this award, she directly owns 46,335 common shares. According to the disclosure, these shares were issued as compensation for her services as an independent director, meaning this is a non-cash equity grant rather than a cash investment into the company’s stock.

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

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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^*

Keyser Jane Elizabeth

(Last) (First) (Middle)

11611 N. MERIDIAN ST, SUITE 330

(Street)

CARMEL IN 46032

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Neuraxis, INC [ NRXS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/22/2026

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	01/22/2026		A		21,598	A	$4.63(1)	46,335	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. These shares of common stock were issued to the reporting person as compensation for services as independent director of the Issuer.

	/s/ Beth Keyser	02/26/2026
	** 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).
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FAQ

What did Neuraxis (NRXS) disclose in this Form 4 filing?

Neuraxis disclosed that director Jane Elizabeth Keyser received a grant of 21,598 shares of common stock. The award was issued as compensation for her services as an independent director, rather than through an open-market stock purchase.

How many Neuraxis (NRXS) shares did Jane Elizabeth Keyser acquire?

Jane Elizabeth Keyser acquired 21,598 shares of Neuraxis common stock. The shares were granted on January 22, 2026 as an equity award, rather than bought on the market, and increase her direct holdings in the company.

At what price was the Neuraxis (NRXS) director share grant reported?

The director share grant was reported at a price of $4.63 per Neuraxis common share. This figure represents the stated price for the 21,598-share equity award granted on January 22, 2026, as disclosed in the Form 4 filing.

What is Jane Elizabeth Keyser’s total Neuraxis (NRXS) ownership after the grant?

Following the grant, Jane Elizabeth Keyser directly owns 46,335 shares of Neuraxis common stock. This total reflects her updated holdings after receiving the 21,598-share equity award as compensation for her role as an independent director.

Was the Neuraxis (NRXS) Form 4 transaction a stock purchase or a grant?

The Form 4 transaction was a grant, not an open-market purchase. The filing classifies the code as a grant or award acquisition, with shares issued to Jane Elizabeth Keyser as compensation for her services as an independent director of Neuraxis.

Why did Neuraxis (NRXS) issue shares to Jane Elizabeth Keyser?

Neuraxis issued shares to Jane Elizabeth Keyser as compensation for her services as an independent director. The footnote explains that 21,598 shares of common stock were granted as part of her director compensation, aligning her interests with company shareholders.