Thomas Sandgaard - 13 Mar 2025 Form 4 Insider Report for ZYNEX INC (ZYXI)

Role
President, CEO and Chairman, Director, 10%+ Owner
Signature
/s/ Thomas Sandgaard
Issuer symbol
ZYXI
Transactions as of
13 Mar 2025
Net transactions value
-$4,938,500
Form type
4
Filing time
17 Mar 2025, 20:14:33 UTC
Previous filing
18 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZYXI Common Stock Disposed to Issuer $4,938,500 -1,700,000 -12% $2.90 12,908,151 13 Mar 2025 Direct F1
transaction ZYXI Common Stock Gift $0 -25,000 -0.19% $0.000000 12,883,151 13 Mar 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 13, 2025, the reporting person sold 1,700,000 shares of Common Stock to the Company in an exempt transaction pursuant to Rule 16b-3. The sale price per share was the closing price of the Common Stock on March 13, 2025. The transaction was approved by the Audit Committee and the disinterested members of the Board of Directors of the Company.
F2 On March 13, 2025, the reporting person transferred 25,000 as a bona fide gift. The transfer does not represent an open market sale and no consideration was paid.