Neuraxis (NRXS) Director Kristin Ferge Receives Award

What Happened
Kristin A. Ferge, a director of Neuraxis, Inc. (NRXS), was granted 31,134 shares of common stock as compensation for her service as an independent director. The shares were issued on August 13, 2026 at a reported price of $6.28 per share, for a total value of approximately $195,522. This was an award (grant) of shares rather than a market purchase or sale and is typically routine compensation.

Key Details

• Transaction date: August 13, 2026
• Transaction type: Award/Grant (Form 4 code A)
• Shares granted: 31,134 shares at $6.28 per share
• Total value reported: $195,522 (31,134 × $6.28)
• Footnote: Shares were issued as compensation for services as an independent director (per filing footnote F1).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing date vs. transaction date: Form 4 was filed August 17, 2026 (four days after the transaction); this appears later than the typical two-business-day reporting window for Form 4s and may merit further review.

Context
Grants of stock to independent directors are common as part of regular compensation and do not, by themselves, indicate the director’s short-term trading sentiment. For retail investors, such awards are routine governance/compensation events rather than direct bullish or bearish trading signals.