MICHAELS BARRY D 4

What Happened
Barry D. Michaels, a director of Zynex, Inc., reported a disposition to the issuer of 80,001 shares of Zynex common stock on March 26, 2026. The shares were cancelled with a reported price of $0.00 per share (total proceeds $0). This was not an open‑market sale but a cancellation of shares under the company’s confirmed Chapter 11 reorganization plan.

Key Details

• Transaction date: 2026-03-26; Form 4 filed: 2026-03-27 (appears timely).
• Transaction type: Disposition to issuer (reported as D) — 80,001 shares at $0.00 per share, $0 total.
• Shares owned after transaction: Not specified in the filing.
• Footnote: The filing states the issuer’s confirmed Chapter 11 plan (effective 3/26/2026) cancelled all outstanding common stock, including shares issuable under equity awards, and all related options/warrants for no consideration.
• No indication this was a standard sale or a 10b5-1 plan — it reflects the bankruptcy reorganization outcome.

Context
Under the confirmed reorganization plan, outstanding common stock and related equity rights were cancelled for no consideration and are of no further force and effect. That means this disposition reflects a corporate restructuring result (share cancellation) rather than a director-initiated sale for cash; insiders received no proceeds from this transaction.