Neuraxis (NRXS) CFO Timothy Henrichs Receives RSU Award

What Happened Timothy Robert Henrichs, Chief Financial Officer of Neuraxis, Inc. (NRXS), received a grant of 141,479 restricted stock units (RSUs) on 2026-08-13. The grant is recorded at a grant price of $6.28 per share for a total reported value of approximately $888,488. This was an award (compensation), not an open-market purchase or sale.

Key Details

• Transaction type: Award/Grant of RSUs (derivative) recorded on 2026-08-13.
• Grant price used: $6.28 per share; total reported value ~$888,488.
• Vesting: RSUs vest in three equal annual installments over a three-year period (per filing footnote).
• Shares owned after the transaction: Not specified in the filing; RSUs are unvested and typically not counted as current beneficially owned common stock until vested.
• Filing date: 2026-08-17 — filed within the required 2 business days (not reported as late).

Context This transaction is a standard equity compensation award to an executive and does not represent an open-market purchase or sale. RSU grants are commonly used to align executive compensation with shareholder value; because these units vest over time, they are not immediately tradable shares.