Disbrow Joshua R. 4
4 · ZYNEX INC · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
Zynex (ZYXI) Director Joshua Disbrow Disposes 102,000 Shares
What Happened
Joshua R. Disbrow, a director of Zynex, Inc., recorded dispositions to the issuer totaling 102,000 shares (12,499 and 89,501 shares) on 2026-03-26. Each disposition shows a $0.00 price and $0 total proceeds — the shares were cancelled for no consideration as part of the company's confirmed Chapter 11 reorganization plan. This is not a typical market sale; it reflects cancellation under the bankruptcy plan rather than a sale for cash.
Key Details
- Transaction date: 2026-03-26 (filed on Form 4 2026-03-27) — appears timely.
- Transaction type/code: D — Disposition to the issuer (shares cancelled).
- Shares disposed: 12,499 and 89,501 — total 102,000 shares.
- Price and proceeds: $0.00 per share; $0 total proceeds.
- Shares owned after transaction: 0 common shares (all outstanding common stock and related rights were cancelled under the Plan).
- Footnote: Per the issuer's confirmed Third Amended Combined Disclosure Statement and Joint Chapter 11 Plan, confirmed 2026-03-19 and effective 2026-03-26, all outstanding common stock and related equity awards/options/warrants were cancelled with no recovery.
Context
These dispositions reflect a corporate restructuring outcome (cancellation of equity under a confirmed Chapter 11 plan), not insider selling into the market. For retail investors, note this reduces outstanding common equity to nil per the Plan and produced no cash to the insider.
Insider Transaction Report
- Disposition to Issuer
Common Stock (Restricted Stock Award)
[F1]2026-03-26−12,499→ 0 total - Disposition to Issuer
Common Stock
[F1]2026-03-26−89,501→ 0 total
Footnotes (1)
- [F1]Pursuant to the Issuer's Third Amended Combined Disclosure Statement and Joint Chapter 11 Plan of Reorganization of Zynex, Inc. and Its Affiliated Debtors Pursuant to Chapter 11 of the Bankruptcy Code (the "Plan") which was confirmed by the United States Bankruptcy Court for the Southern District of Texas on March 19, 2026 and became effective on March 26, 2026, all outstanding shares of the Issuer's common stock (including shares of common stock issuable under equity awards granted under the Issuer's equity incentive plans) and all other options, warrants and other rights with respect thereto, have been cancelled for no consideration and of no further force and effect with no recovery under the Plan.