TENX
Tenax Therapeutics, Inc.Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-05-11 | STAAB THOMAS R II |
Senior Vice President and CFO |
Award↑
Filing footnotes — Stock Option (right to buy) (Direct)
The options vest and become exercisable as follows: 25% vest on May 11, 2027, and thereafter, the remainder vest in substantially equal installments on each monthly anniversary of the grant date for a period of 36 months, subject to the Reporting Person's continued employment. |
Stock Option (right to buy)
|
450,000 |
| 2026-05-11 | STAAB THOMAS R II |
Senior Vice President and CFO |
Award↑
Filing footnotes — Common Stock (Direct)
Represents a restricted stock award which vests 25% ten days after the grant date, with the remainder vesting in three equal installments on the four-month, eight-month and twelve-month anniversaries of the grant date, subject to the Reporting Person's continued employment. |
Common Stock
|
10,000 |
| 2026-01-30 | MCGAULEY THOMAS |
Interim CFO |
Convert↑
Filing footnotes — Stock Option (right to buy) (Direct)
The options vest and become exercisable with 50% vesting January 30, 2026 and 50% vesting on May 31, 2026, subject to the Reporting Person's continuous service to the Issuer. |
Stock Option (right to buy)
|
50,000 |
| 2026-01-09 | Almenoff June Sherie |
Director |
Award↑
|
Stock Option (right to buy)
|
30,000 |
| 2026-01-09 | Davidson Michael H. |
Director |
Award↑
|
Stock Option (right to buy)
|
30,000 |
| 2026-01-09 | Giordano Christopher Thomas |
Director, CEO |
Award↑
Filing footnotes — Stock Option (right to buy) (Direct)
The options vest and become exercisable as follows: 25% of the underlying shares of common stock vest and become exercisable on January 9, 2027, and thereafter 1/36th of the remaining shares will vest on the last day of each following month for a period of 36 months, subject to the Reporting Person's continued employment. |
Stock Option (right to buy)
|
450,000 |
| 2026-01-09 | Hunter Robyn |
Chief Financial Officer |
Award↑
|
Stock Option (right to buy)
|
30,000 |
| 2026-01-09 | Rich Stuart |
Director, Chief Medical Officer |
Award↑
Filing footnotes — Stock Option (right to buy) (Direct)
The options vest and become exercisable as follows: 25% of the underlying shares of common stock vest and become exercisable on January 9, 2027, and thereafter 1/36th of the remaining shares will vest on the last day of each following month for a period of 36 months, subject to the Reporting Person's continued employment. |
Stock Option (right to buy)
|
250,000 |
| 2026-01-09 | Doogan Declan |
Director |
Award↑
|
Stock Option (right to buy)
|
30,000 |
| 2026-01-09 | PROEHL GERALD T |
Director, President, CEO and Chairman, 10% Owner |
Award↑
|
Stock Option (right to buy)
|
3,000 |
| 2025-12-09 | Rich Stuart |
Director, Chief Medical Officer |
Buy↑
Filing footnotes — Common Stock (Direct)
This transaction was executed in multiple trades at prices ranging from $9.70 to $10.45. The price reported in Column 4 is a weighted average price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. |
Common Stock
|
2,500 |
| 2025-12-08 | Rich Stuart |
Director, Chief Medical Officer |
Buy↑
Filing footnotes — Common Stock (Indirect)
This transaction was executed in multiple trades at prices ranging from $9.76 to $10.42. The price reported in Column 4 is a weighted average price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. The Reporting Person is trustee of the Stuart Rich Revocable Trust DTD 11/18/1996 and disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |
Common Stock
(I)
|
2,500 |
| 2025-12-04 | Rich Stuart |
Director, Chief Medical Officer |
Buy↑
Filing footnotes — Common Stock (Indirect)
This transaction was executed in multiple trades at prices ranging from $9.00 to $9.46. The price reported in Column 4 is a weighted average price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. The Reporting Person is trustee of the Stuart Rich Revocable Trust DTD 11/18/1996 and disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |
Common Stock
(I)
|
2,500 |
| 2025-12-03 | Rich Stuart |
Director, Chief Medical Officer |
Buy↑
Filing footnotes — Common Stock (Direct)
This transaction was executed in multiple trades at prices ranging from $8.88 to $9.22. The price reported in Column 4 is a weighted average price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. |
Common Stock
|
1,500 |
| 2025-12-02 | Rich Stuart |
Director, Chief Medical Officer |
Buy↑
Filing footnotes — Common Stock (Direct)
This transaction was executed in multiple trades at prices ranging from $8.89 to $9.06. The price reported in Column 4 is a weighted average price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. |
Common Stock
|
1,000 |
| 2025-11-20 | Giordano Christopher Thomas |
Director, CEO |
Buy↑
Filing footnotes — Common Stock (Direct)
This transaction was executed in multiple trades at prices ranging from $7.54 to $7.73. The price reported in Column 4 is a weighted average price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. |
Common Stock
|
538 |
| 2025-11-19 | Giordano Christopher Thomas |
Director, CEO |
Buy↑
Filing footnotes — Common Stock (Direct)
This transaction was executed in multiple trades at prices ranging from $7.35 to $7.62. The price reported in Column 4 is a weighted average price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. |
Common Stock
|
455 |
| 2025-11-18 | Giordano Christopher Thomas |
Director, CEO |
Buy↑
Filing footnotes — Common Stock (Direct)
This transaction was executed in multiple trades at prices ranging from $7.47 to $7.68. The price reported in Column 4 is a weighted average price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. |
Common Stock
|
1,612 |
| 2025-11-18 | Almenoff June Sherie |
Director |
Buy↑
Filing footnotes — Common Stock (Indirect)
This transaction was executed in multiple trades at prices ranging from $7.45 to $7.70. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein. |
Common Stock
(I)
|
1,900 |
| 2025-11-17 | MCGAULEY THOMAS |
Interim CFO |
Buy↑
|
Common Stock
(I)
|
1,000 |
| 2025-11-17 | Almenoff June Sherie |
Director |
Buy↑
Filing footnotes — Common Stock (Indirect)
The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein. |
Common Stock
(I)
|
93 |
| 2025-11-17 | MCGAULEY THOMAS |
Interim CFO |
Buy↑
Filing footnotes — Common Stock (Direct)
This transaction was executed in multiple trades at prices ranging from $7.14 to $7.43. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. |
Common Stock
|
2,000 |
| 2025-11-17 | MCGAULEY THOMAS |
Interim CFO |
Buy↑
Filing footnotes — Common Stock (Indirect)
This transaction was executed in multiple trades at prices ranging from $7.17 to $7.30. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. |
Common Stock
(I)
|
5,000 |
| 2025-07-01 | Almenoff June Sherie |
Director |
Award↑
|
Stock Option (right to buy)
|
80,000 |
| 2025-07-01 | Hunter Robyn |
Chief Financial Officer |
Award↑
|
Stock Option (right to buy)
|
80,000 |
| 2025-07-01 | PROEHL GERALD T |
Director, President, CEO and Chairman, 10% Owner |
Award↑
|
Stock Option (right to buy)
|
80,000 |
| 2025-07-01 | Davidson Michael H. |
Director |
Award↑
|
Stock Option (right to buy)
|
80,000 |
| 2025-07-01 | Doogan Declan |
Director |
Award↑
|
Stock Option (right to buy)
|
80,000 |
| 2025-05-16 | Giordano Christopher Thomas |
Director, CEO |
Award↑
Filing footnotes — Stock Option (right to buy) (Direct)
The options vest and become exercisable as follows: 25% of the underlying shares of common stock vest and become exercisable on May 16, 2026, and thereafter 1/36th of the remaining shares will vest on the last day of each following month for a period of 36 months, subject to the Reporting Person's continued employment. |
Stock Option (right to buy)
|
1,400,000 |
| 2025-05-16 | Rich Stuart |
Director, Chief Medical Officer |
Award↑
Filing footnotes — Stock Option (right to buy) (Direct)
The options vest and become exercisable as follows: 25% of the underlying shares of common stock vest and become exercisable on May 16, 2026, and thereafter 1/36th of the remaining shares will vest on the last day of each following month for a period of 36 months, subject to the Reporting Person's continued employment. |
Stock Option (right to buy)
|
625,000 |
| 2025-03-05 | Dellora Investments LP |
Insider |
Other↑
|
No Securities Owned
|
0 |
| 2024-12-10 | Rich Stuart |
Director, Chief Medical Officer |
Award↑
|
Stock Option (right to buy)
|
500,000 |
| 2024-12-10 | Davidson Michael H. |
Director |
Award↑
|
Stock Option (right to buy)
|
100,000 |
| 2024-12-10 | Doogan Declan |
Director |
Award↑
|
Stock Option (right to buy)
|
100,000 |
| 2024-12-10 | PROEHL GERALD T |
Director, President, CEO and Chairman, 10% Owner |
Award↑
|
Stock Option (right to buy)
|
100,000 |
| 2024-12-10 | Giordano Christopher Thomas |
Director, CEO |
Award↑
|
Stock Option (right to buy)
|
1,250,000 |
| 2024-12-10 | Hunter Robyn |
Chief Financial Officer |
Award↑
|
Stock Option (right to buy)
|
100,000 |
| 2024-12-10 | Almenoff June Sherie |
Director |
Award↑
|
Stock Option (right to buy)
|
100,000 |
| 2024-08-08 | PROEHL GERALD T |
Director, President, CEO and Chairman, 10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
On August 8, 2024, as part of a private placement of the Issuer's securities, the Reporting Person purchased shares of the Issuer's common stock ("Shares") and a pre-funded warrant to purchase Shares, along with a warrant to purchase Shares, pursuant to the terms of a Securities Purchase Agreement, dated August 6, 2024, by and among the Issuer, Reporting Person and certain other accredited investors. The purchase price for each Share and accompanying warrant (reported in Table II) is $3.00. The purchase price for each pre-funded warrant and accompanying warrant (reported in Table II) is $2.99. The aggregate number of shares of common stock previously reported as 1,495, but were adjusted to reflect the stock splits that occurred on January 4, 2023 and January 2, 2024. |
Common Stock
|
1,666 |
| 2024-08-08 | PROEHL GERALD T |
Director, President, CEO and Chairman, 10% Owner |
Buy↑
Filing footnotes — Warrant (Direct)
On August 8, 2024, as part of a private placement of the Issuer's securities, the Reporting Person purchased shares of the Issuer's common stock ("Shares") and a pre-funded warrant to purchase Shares, along with a warrant to purchase Shares, pursuant to the terms of a Securities Purchase Agreement, dated August 6, 2024, by and among the Issuer, Reporting Person and certain other accredited investors. The purchase price for each Share and accompanying warrant (reported in Table II) is $3.00. The purchase price for each pre-funded warrant and accompanying warrant (reported in Table II) is $2.99. The warrant will expire on the earlier of (i) thirty (30) trading days following the date of the Issuer's initial public announcement of topline data from its Phase 3 LEVEL Study (LEVosimendan to Improve Exercise Limitation in PH-HFpEF Patients) (NCT05983250 ) (the "Topline Data Announcement"); (ii) proportionally upon the exercise of the Reporting Person's pre-funded warrant issued on August 8, 2024, if such exercise is prior to the Topline Data Announcement; and (iii) August 8, 2029. |
Warrant
|
16,660 |
| 2024-08-08 | PROEHL GERALD T |
Director, President, CEO and Chairman, 10% Owner |
Buy↑
Filing footnotes — Pre-Funded Warrant (Direct)
On August 8, 2024, as part of a private placement of the Issuer's securities, the Reporting Person purchased shares of the Issuer's common stock ("Shares") and a pre-funded warrant to purchase Shares, along with a warrant to purchase Shares, pursuant to the terms of a Securities Purchase Agreement, dated August 6, 2024, by and among the Issuer, Reporting Person and certain other accredited investors. The purchase price for each Share and accompanying warrant (reported in Table II) is $3.00. The purchase price for each pre-funded warrant and accompanying warrant (reported in Table II) is $2.99. The pre-funded warrant has no expiration date. |
Pre-Funded Warrant
|
31,654 |
| 2024-08-08 | Davidson Michael H. |
Director |
Buy↑
Filing footnotes — Warrant (Direct)
. On August 8, 2024, as part of a private placement of the Issuer's securities, the Reporting Person purchased shares of the Issuer's common stock ("Shares") and a pre-funded warrant to purchase Shares, along with a warrant to purchase Shares, pursuant to the terms of a Securities Purchase Agreement, dated August 6, 2024, by and among the Issuer, Reporting Person and certain other accredited investors. The purchase price for each Share and accompanying warrant (reported in Table II) is $3.00. The purchase price for each pre-funded warrant and accompanying warrant (reported in Table II) is $2.99. The warrant will expire on the earlier of (i) thirty (30) trading days following the date of the Issuer's initial public announcement of topline data from its Phase 3 LEVEL Study (LEVosimendan to Improve Exercise Limitation in PH-HFpEF Patients) ( NCT05983250 ) (the "Topline Data Announcement"); (ii) proportionally upon the exercise of the Reporting Person's pre-funded warrant issued on August 8, 2024, if such exercise is prior to the Topline Data Announcement; and (iii) August 8, 2029. |
Warrant
|
25,000 |
| 2024-08-08 | Davidson Michael H. |
Director |
Buy↑
Filing footnotes — Common Stock (Direct)
. On August 8, 2024, as part of a private placement of the Issuer's securities, the Reporting Person purchased shares of the Issuer's common stock ("Shares") and a pre-funded warrant to purchase Shares, along with a warrant to purchase Shares, pursuant to the terms of a Securities Purchase Agreement, dated August 6, 2024, by and among the Issuer, Reporting Person and certain other accredited investors. The purchase price for each Share and accompanying warrant (reported in Table II) is $3.00. The purchase price for each pre-funded warrant and accompanying warrant (reported in Table II) is $2.99. The aggregate number of shares of common stock previously reported as 608,645, but were adjusted to reflect the stock splits that occurred on January 4, 2023 and January 2, 2024. |
Common Stock
|
2,500 |
| 2024-08-08 | Davidson Michael H. |
Director |
Buy↑
Filing footnotes — Pre-Funded Warrant (Direct)
. On August 8, 2024, as part of a private placement of the Issuer's securities, the Reporting Person purchased shares of the Issuer's common stock ("Shares") and a pre-funded warrant to purchase Shares, along with a warrant to purchase Shares, pursuant to the terms of a Securities Purchase Agreement, dated August 6, 2024, by and among the Issuer, Reporting Person and certain other accredited investors. The purchase price for each Share and accompanying warrant (reported in Table II) is $3.00. The purchase price for each pre-funded warrant and accompanying warrant (reported in Table II) is $2.99. The pre-funded warrant has no expiration date. |
Pre-Funded Warrant
|
47,500 |
| 2024-05-17 | Giordano Christopher Thomas |
Director, CEO |
Award↑
Filing footnotes — Stock Option (right to buy) (Direct)
The options vest and become exercisable as follows: 25% of the underlying shares of common stock vest and become exercisable on each of May 17, 2025, May 17, 2026, May 17, 2027, and May 17, 2028, subject to the Reporting Person's continued employment. |
Stock Option (right to buy)
|
437 |
| 2024-05-17 | Rich Stuart |
Director, Chief Medical Officer |
Award↑
Filing footnotes — Stock Option (right to buy) (Direct)
The options vest and become exercisable as follows: 25% of the underlying shares of common stock vest and become exercisable on each of May 17, 2025, May 17, 2026, May 17, 2027 and May 17, 2028, subject to the Reporting Person's continued employment. |
Stock Option (right to buy)
|
119 |
| 2022-09-21 | Rich Stuart |
Director, Chief Medical Officer |
Gift↑
Filing footnotes — Common Stock (Indirect)
Represents a gift of Issuer's common stock to the Stuart Rich 2022 Irrevocable Trust. a Spousal Lifetime Access Trust (the "Trust"), for the benefit of Reporting Person's spouse and their children. The Reporting Person is special asset advisor to the Trust. As such, the Reporting Person has voting and dispositive power over the reported securities held in the Trust, however disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. |
Common Stock
(I)
|
1,909,585 |
| 2022-09-21 | Rich Stuart |
Director, Chief Medical Officer |
Gift↓
Filing footnotes — Common Stock (Direct)
Represents a gift of Issuer's common stock to the Stuart Rich 2022 Irrevocable Trust. a Spousal Lifetime Access Trust (the "Trust"), for the benefit of Reporting Person's spouse and their children. |
Common Stock
|
1,909,585 |
| 2022-08-11 | Doogan Declan |
Director |
Gift↑
Filing footnotes — Common Stock (Direct)
Issuer's shares held in a grantor retained annuity trust (the "GRAT") were distributed to the reporting person upon termination of the GRAT and in satisfaction of an annuity due to the reporting person. |
Common Stock
|
567,871 |
| 2022-08-11 | Doogan Declan |
Director |
Gift↓
Filing footnotes — Common Stock (Indirect)
Issuer's shares held in a grantor retained annuity trust (the "GRAT") were distributed to the reporting person upon termination of the GRAT and in satisfaction of an annuity due to the reporting person. The reporting person's wife, Dorothy Doogan, is the trustee of the GRAT. |
Common Stock
(I)
|
567,871 |