MASIMO CORP - 01 Jul 2025 Form 4 Insider Report for Neuraxis, INC (NRXS)

Reporting relationship: 10%+ Owner
Issuer ticker: NRXS
Reported as of: 01 Jul 2025
Net transaction value: -$1,847,957
SEC form: 4
Accepted by SEC: 03 Jul 2025, 17:38:10 UTC
Prior SEC filing: 11 Aug 2023
Source filing: View source filing
Reporting owner signature: /s/ Micah Young, Attorney-In-Fact

Key filing fact

MASIMO CORP filed Form 4 for Neuraxis, INC (NRXS) on 03 Jul 2025.

Key facts

This page summarizes MASIMO CORP's Form 4 filing for Neuraxis, INC (NRXS).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 03 Jul 2025, 17:38.

Change

Previous filing in this sequence was filed on 11 Aug 2023.
Current net transaction value: -$1,847,957.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0000937556 Primary reporting owner

MASIMO CORP

Relationship: 10%+ Owner
Address: 52 DISCOVERY, IRVINE
Signature: /s/ Micah Young, Attorney-In-Fact
Signature date: 03 Jul 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NRXS transaction

Common Stock

Sale

Transaction value: $1,195,983
Shares: -531,548
Change %: -100%
Price: $2.25
Shares after: 0
Date: 01 Jul 2025
Ownership: Direct

NRXS transaction

Common Stock

Conversion of derivative security

Transaction value: $28.98
Shares: +289,779
Change %
Price: $0.000100
Shares after: 289,779
Date: 01 Jul 2025
Ownership: Direct

NRXS transaction

Common Stock

Sale

Transaction value: $652,003
Shares: -289,779
Change %: -100%
Price: $2.25
Shares after: 0
Date: 01 Jul 2025
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NRXS transaction Derivative

Pre-Funded Warrant, Common Stock (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -289,779
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 01 Jul 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 289,779
Exercise price: $0.000500
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

MASIMO CORP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 1 footnote

Footnote F1

The Pre-Funded Warrant (the "Warrant") is currently exercisable and has no expiration date. Upon the Issuer's consummation of an initial public offering, the Warrant automatically converted into a warrant exercisable for 289,779 shares of Issuer's Common Stock, and the exercise price was adjusted to be $0.0005 per share of the Issuer's Common Stock.