Form 4: Zynex CFO Daniel Moorhead Sells 10,000 Shares Under 10b5-1 Trading Plan

Daniel Moorhead, CFO of Zynex Inc., sold 10,000 shares of common stock at an average price of $8.59 on November 1, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On November 1, 2024, Daniel Moorhead, the Chief Financial Officer of Zynex Inc. (ZYXI), sold 10,000 shares of the company's common stock.
• The sale was executed at a weighted average price of $8.59 per share.
• This transaction was conducted under a Rule 10b5-1 trading plan adopted by Mr. Moorhead on July 31, 2024.
• Following the transaction, Mr. Moorhead directly owns 44,878 shares of Zynex Inc.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a routine sale under a pre-arranged trading plan and doesn't inherently indicate a positive or negative outlook.

Industry Context

Sales by company insiders are a common occurrence and are often viewed in the context of overall company performance and insider sentiment. Rule 10b5-1 plans allow insiders to sell shares over a predetermined period, mitigating concerns about trading on non-public information.

Stakeholder Impact

• The sale could have a minor negative impact on shareholder sentiment, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates