10% owner Masimo Corp sold 821,327 shares (821.3K) of NRXS at $2.25 for $1,847,985.75 via 2 transactions
Masimo Corp, a 10% stakeholder in Neuraxis Inc., executed two separate sales totaling 821,327 shares (821.3K shares) for $1,847,985.75 ($1.8M) at $2.25 per share on 2025-07-01. The sale eliminated Masimo's entire shareholding position in NRXS. This transaction occurs against a backdrop of a micro-cap company trading at current prices significantly below its 52-week high (current $2.58 is -35.3% from $3.99 peak) and burning cash, with quarterly revenue of $895,655.00 ($895.7K) against a net loss of $-2,278,684.00 ($-2.3M) and negative full-year net income. While the 90-day price change is +39.5%, the stock has declined -6.9% in 30 days, and the sale was executed at the lower end of recent trading ranges. Note: This filing reflects a derivative conversion; the insider's complete position (including any retained derivative securities per Form 4 Table II) is not yet available in the database and should be verified.