Daniel Moorhead - Mar 3, 2025 Form 4 Insider Report for ZYNEX INC (ZYXI)

Signature
/s/ Daniel Moorhead
Stock symbol
ZYXI
Transactions as of
Mar 3, 2025
Transactions value $
-$104,252
Form type
4
Date filed
3/5/2025, 07:58 PM
Previous filing
Feb 3, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZYXI Common Stock Sale -$71.5K -10K -49.88% $7.15 10.1K Mar 3, 2025 Direct F1, F2
transaction ZYXI Common Stock Tax liability -$32.8K -4.53K -29.85% $7.23 10.6K Mar 5, 2025 Direct F3
transaction ZYXI Common Stock (Restricted Stock Award) Award $0 +5K +7.83% $0.00 68.9K Mar 5, 2025 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on July 31, 2024.
F2 The price per share equal to $7.15 represents the weighted average sales price for the shares. Upon request by the Commission, the Issuer or the Reporting Person shall provide full information regarding the number of shares sold at each separate price.
F3 Represents the number of shares of Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of Restricted Stock Awards ("RSAs") and does not represent a sale.
F4 Represents a restricted stock award issued pursuant to the Issuer's 2017 Stock Incentive Plan (the "Plan") pursuant to which the 5,000 shares vest equally, on an annual basis, over a period of four years beginning one year from the grant date.
F5 Represents restricted stock awards under the Plan, which have not vested.