Hannasch Brian 4

What Happened
Brian Hannasch, a reported 10% owner of Neuraxis, Inc. (NRX), made open-market purchases of common stock (transaction code P). He acquired 40,000 shares on February 11, 2026 at a weighted average price of $4.65 ($186,000) and another 40,000 shares on February 12, 2026 at a weighted average price of $4.92 ($196,800), for a combined 80,000 shares purchased and total consideration of approximately $382,800. These were outright purchases (a buying activity, often viewed as a bullish signal rather than a sale).

Key Details

• Transaction dates & prices:
  • Feb 11, 2026 — 40,000 shares at weighted avg $4.65 (range $4.53–$4.85) — $186,000 (Footnote F1).
  • Feb 12, 2026 — 40,000 shares at weighted avg $4.92 (range $4.70–$4.95) — $196,800 (Footnote F2).
• Total: 80,000 shares purchased for ~ $382,800.
• Shares owned after transaction: not specified in this Form 4 filing.
• Footnotes: F1 and F2 state the per-day prices are weighted averages and the reporting person will provide the breakdown of individual trade prices if requested by the SEC, issuer, or a security holder.
• Filing timeliness: Report filed Feb 13, 2026; appears to be filed promptly following the Feb 11–12 transactions.

Context

• These were open-market purchases by a 10% beneficial owner (large insider), not an option exercise or award. Purchases by large owners can be informative to investors, but do not prove future performance.
• No tax withholding, gift, exercise, or 10b5-1 plan was disclosed in the filing.