Stereotaxis (STXS) director awarded 43,103 restricted share units, holding 1,035,560 shares

Rhea-AI Filing Summary

Menawat Arun Swarup reported acquisition or exercise transactions in this Form 4 filing.

Stereotaxis, Inc. director Arun Swarup Menawat received an equity grant of 43,103 shares of Common Stock as a compensation award. The shares were granted at no cash cost to him and increased his direct holdings to 1,035,560 shares following the transaction.

The award is structured as restricted share units, each convertible into one share of common stock. These units vest on the earliest of the fifth anniversary of the award date, the end of his board service, or a defined Change of Control, which ties the compensation to long-term service and corporate outcomes.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Menawat Arun Swarup

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	43,103	$0.00	--

Holdings After Transaction: Common Stock — 1,035,560 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Equity grant size: 43,103 shares Post-grant holdings: 1,035,560 shares Transaction code: A (grant, award, or other acquisition) +1 more

4 metrics

Equity grant size 43,103 shares Restricted share unit award to director

Post-grant holdings 1,035,560 shares Total Common Stock held directly after grant

Transaction code A (grant, award, or other acquisition) SEC Form 4 non-derivative transaction classification

Vesting horizon Fifth anniversary trigger Earliest time-based vesting date for the RSUs

Key Terms

restricted share units, Change of Control, grant, award, or other acquisition

3 terms

restricted share units financial

"Grant of restricted share units. Each restricted share unit represents a right to receive one share of common stock."

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

Change of Control financial

"or (iii) a Change of Control (as defined in the award documents)."

A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.

grant, award, or other acquisition regulatory

"transaction_code_description": "Grant, award, or other acquisition""

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 04:00 PM Accepted by SEC EDGAR 07/01/2026 - 04:00 PM Learn about SEC filing dates

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^*

Menawat Arun Swarup

(Last) (First) (Middle)

C/O STEREOTAXIS, INC.

710 NORTH TUCKER BOULEVARD; SUITE 110

(Street)

ST. LOUIS MISSOURI 63101

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Stereotaxis, Inc. [ STXS ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	07/01/2026		A		43,103(1)	A	$0	1,035,560	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. Grant of restricted share units. Each restricted share unit represents a right to receive one share of common stock. The restricted share units vest on the earliest to occur of (i) the fifth anniversary of the date of the award, (ii) the date on which the service of the director on the board of directors terminates, or (iii) a Change of Control (as defined in the award documents).

	/s/ Kimberly R. Peery, Attorney-in Fact for Arun S. Menawat	07/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Stereotaxis (STXS) report for Arun Swarup Menawat?

Stereotaxis reported that director Arun Swarup Menawat received an equity grant of 43,103 shares of Common Stock. The award was structured as restricted share units and did not involve any cash purchase on his part.

How many Stereotaxis (STXS) shares does Arun Swarup Menawat hold after this grant?

After the award, Arun Swarup Menawat directly holds 1,035,560 shares of Stereotaxis Common Stock. This total includes the newly granted 43,103 restricted share units that convert into one share of common stock each upon vesting.

What are the vesting conditions for Arun Swarup Menawat’s Stereotaxis (STXS) restricted share units?

The restricted share units vest on the earliest of three events: the fifth anniversary of the award date, the termination of Menawat’s service on the board, or a Change of Control as specifically defined in the award documents.

Did Arun Swarup Menawat buy or sell Stereotaxis (STXS) shares in this Form 4 filing?

He did not buy or sell shares on the open market. Instead, he acquired 43,103 shares through a grant classified as a “grant, award, or other acquisition,” reflecting stock-based compensation rather than a cash transaction.

What does each restricted share unit in the Stereotaxis (STXS) grant represent?

Each restricted share unit represents the right to receive one share of Stereotaxis common stock. The units convert into actual shares only when one of the specified vesting conditions, such as time-based vesting or Change of Control, is satisfied.