other material
confidence high
sentiment neutral
materiality 0.25
NeurAxis grants fully vested stock to three non-employee directors; initiates quarterly equity compensation
Neuraxis, INC
- Three non-employee directors (Ferge, Keyser, Watkins) granted fully vested shares for services through March 31, 2024.
- Shares valued at $2.78 per share (closing price June 28, 2024); first issuance under 2022 Plan post-IPO.
- Future quarterly grants: each director to receive $12,500 in stock per quarter, totaling $50,000 annual equity compensation.