Neuraxis (NRXS) gives CFO 141K stock units vesting over 3 years
Rhea-AI Filing Summary
Henrichs Timothy Robert reported acquisition or exercise transactions in this Form 4 filing.
Neuraxis, Inc. (NRXS) reported an equity compensation grant to its Chief Financial Officer, Timothy Robert Henrichs. He received 141,479 RSUs, representing the right to receive an equal number of shares of common stock. The award was valued at $6.28 per unit for reporting purposes and was granted under the Neuraxis, Inc. 2022 Omnibus Securities and Incentive Plan, as amended. The RSUs vest in three equal annual installments over three years, and the filing shows Henrichs holding 141,479 shares/units directly following this award.
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Insights
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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 F1 | 141,479 | $6.28 | $888K |
Holdings After Transaction:
RSU — 141,479 shares (Direct)
Footnotes (1)
- F1. These shares of common stock are restricted stock units (RSUs) granted to the reporting person 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: 141,479 shares
Grant Value per RSU: $6.28 per share
Shares Following Transaction: 141,479 shares
+1 more
4 metrics
RSUs Granted
141,479 shares
Restricted stock units granted to CFO on 2026-08-13
Grant Value per RSU
$6.28 per share
Per-unit value used for the RSU award to the CFO
Shares Following Transaction
141,479 shares
Total direct holdings reported after the RSU grant
Vesting Schedule
3 annual installments over 3 years
RSUs vest in three equal annual installments
Key Terms
restricted stock units (RSUs), 2022 Omnibus Securities and Incentive Plan, vest, derivative
4 terms
restricted stock units (RSUs) financial
"These shares of common stock are restricted stock units (RSUs) granted to the reporting person"
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
"granted to the reporting person under Neuraxis, Inc. 2022 Omnibus Securities and Incentive Plan"
vest financial
"The RSUs vest in three equal annual installments over a three-year period"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
derivative financial
"transaction_type": "derivative""
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
FAQ
What equity award did NRXS grant to its Chief Financial Officer?
Neuraxis (NRXS) granted its CFO 141,479 restricted stock units (RSUs). Each RSU represents one share of common stock, awarded as part of equity compensation under the company’s 2022 Omnibus Securities and Incentive Plan.
At what value were the NRXS RSUs granted to the CFO recorded?
The RSUs granted to the NRXS CFO were recorded at $6.28 per unit. This figure is used for reporting purposes in the Form 4 and reflects a per-share valuation for the 141,479 RSUs.
How do the NRXS RSUs granted to the CFO vest over time?
The CFO’s Neuraxis (NRXS) RSUs vest in three equal annual installments over a three-year period. This means one-third of the 141,479 units becomes vested each year, subject to the plan’s terms.
Under which plan were the NRXS RSUs granted to the CFO?
The RSUs for the NRXS CFO were granted under the Neuraxis, Inc. 2022 Omnibus Securities and Incentive Plan, as amended. This plan governs terms such as vesting, award structure, and eligibility.
AI-generated analysis. How Rhea-AI works. Not financial advice.