Neuraxis (NRXS) awards CMO 133K RSUs vesting over 3 years
Rhea-AI Filing Summary
Miranda Adrian reported acquisition or exercise transactions in this Form 4 filing.
Neuraxis, Inc. reported an equity compensation grant to executive Adrian Miranda, its CMO and SVP Science & Tech. Miranda received 133,341 RSUs, each representing one share of common stock, as compensation under the Neuraxis, Inc. 2022 Omnibus Securities and Incentive Plan. The RSUs vest in three equal annual installments over three years, and Miranda now directly holds 133,341 RSUs tied to common shares.
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Insights
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Miranda Adrian
Role
CMO, SVP Science & Tech
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | RSU F1 | 133,341 | $6.28 | $837K |
Holdings After Transaction:
RSU — 133,341 shares (Direct)
Footnotes (1)
- F1. These shares of common stock are restricted stock units (RSUs) granted to the reporting person as compensation under Neuraxis, Inc. 2022 Omnibus Securities and Incentive Plan, as amended. The RSUs vest in three equal annual installments over a three-year period.
Key Figures
RSUs granted: 133,341 shares
Reported value per RSU: $6.28 per share
Holdings after transaction: 133,341 shares
+1 more
4 metrics
RSUs granted
133,341 shares
Restricted stock units granted as compensation to Adrian Miranda
Reported value per RSU
$6.28 per share
Transaction price per share for RSU grant
Holdings after transaction
133,341 shares
Total RSUs reported as directly held following the grant
Vesting schedule
3 equal annual installments over 3 years
RSUs vest in three equal annual installments over a three-year period
Key Terms
restricted stock units (RSUs), 2022 Omnibus Securities and Incentive Plan, vest in three equal annual installments
3 terms
restricted stock units (RSUs) financial
"These shares of common stock are restricted stock units (RSUs) granted"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
2022 Omnibus Securities and Incentive Plan financial
"under Neuraxis, Inc. 2022 Omnibus Securities and Incentive Plan, as amended"
vest in three equal annual installments financial
"The RSUs vest in three equal annual installments over a three-year period"
FAQ
What equity award did Neuraxis (NRXS) grant to Adrian Miranda in this Form 4?
Neuraxis granted 133,341 restricted stock units (RSUs) to executive Adrian Miranda. Each RSU corresponds to one share of common stock and was issued as compensation under the company’s 2022 Omnibus Securities and Incentive Plan, as amended.
How do the 133,341 RSUs granted by NRXS to Adrian Miranda vest?
The 133,341 RSUs vest in three equal annual installments over a three-year period. This means one-third of the units becomes vested each year, subject to the plan’s terms and any continued-service requirements.
What is Adrian Miranda’s reported NRXS holdings after this RSU grant?
Following the grant, Adrian Miranda is reported as directly holding 133,341 RSUs linked to Neuraxis common stock. These units represent potential future shares, subject to the specified three-year vesting schedule under the company’s incentive plan.
Under which plan were the NRXS RSUs to Adrian Miranda granted?
The award was granted under the Neuraxis, Inc. 2022 Omnibus Securities and Incentive Plan, as amended. The plan governs equity-based compensation, including these RSUs that vest in three equal annual installments over three years.
AI-generated analysis. How Rhea-AI works. Not financial advice.