secwatch.observer — SEC 8-K summary
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Issuer:     Neuraxis, INC (NRXS)
CIK:        0001933567
Form:       8-K
Filed at:   2024-07-05T23:59:59+00:00
Accession:  0001493152-24-026362
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NeurAxis grants fully vested stock to three non-employee directors; initiates quarterly equity compensation
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1933567/000149315224026362/0001493152-24-026362-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1933567/000149315224026362/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-026362

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer