Neuronetics Appoints Robert Greene as Senior Vice President Sales
Neuronetics (NASDAQ: STIM) appointed Robert (Rob) Greene as Senior Vice President Sales, effective June 1, 2026.
Rhea-AI Summary
Neuronetics (NASDAQ: STIM) appointed Robert (Rob) Greene as Senior Vice President Sales, effective June 1, 2026. Greene has extensive commercial and sales leadership experience in healthcare and medical technology.
According to Neuronetics, he received an inducement grant of 200,000 RSUs vesting in four equal annual installments under Nasdaq Listing Rule 5635(c)(4).
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Details
News Market Reaction – STIM
In the Jun 3 session, STIM declined 10.90%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Inducement RSUs
- 200,000 shares
- Restricted stock units granted to Robert Greene on June 1, 2026
- Vesting schedule
- 4 annual installments
- RSUs vest in four equal annual installments from grant date
- Rule reference
- Nasdaq Rule 5635(c)(4)
- Inducement grant made in accordance with Nasdaq listing rules
Historical Context
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Collaboration with ANT Neuro to integrate neuronavigation into NeuroStar TMS.
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Q1 2026 revenue growth with guidance reiterated for full-year 2026.
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Inducement RSUs totaling 122,400 shares for six new non-executive employees.
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Announcement of date and time for Q1 2026 earnings release and call.
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Optum/UHC updated TMS policy expanding NeuroStar access and provider capacity.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
restricted stock units financial
nasdaq listing rule 5635(c)(4) regulatory
inducement grant financial
capitalization adjustments financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
MALVERN, Pa., June 02, 2026 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a medical technology company focused on designing, developing, and marketing products that improve the quality of life for patients who suffer from neurohealth disorders and the maker of NeuroStar® Advanced Therapy, today announced that Robert Greene has been appointed as the company’s Senior Vice President Sales, effective June 1, 2026.
Rob brings extensive experience leading commercial strategy and sales organizations within healthcare and medical technology, including capital equipment and service.
Inducement Grant under Nasdaq Listing Rule 5635(c)(4)
In connection with his hiring on June 1, 2026, the Compensation Committee of the Company’s Board of Directors authorized the grant to Mr. Greene of restricted stock units representing 200,000 shares of the Company’s common stock in accordance with Nasdaq Listing Rule 5635(c)(4), which will vest in four equal annual installments on the anniversary of the grant date, subject to Mr. Greene’s continued employment with the company and subject to Capitalization Adjustments (as defined in the Company’s 2020 Inducement Incentive Plan).
About Neuronetics
Neuronetics, Inc. believes that mental health is as important as physical health. As a global leader in neuroscience, Neuronetics is delivering more treatment options to patients and physicians by offering exceptional in-office treatments that produce extraordinary results. NeuroStar Advanced Therapy is a non-drug, noninvasive treatment that can improve the quality of life for people suffering from neurohealth conditions when traditional medication has not helped. In addition to selling the NeuroStar Advanced Therapy System and associated treatment sessions to customers, Neuronetics operates Greenbrook TMS Inc. (“Greenbrook”) treatment centers across the United States, offering NeuroStar Advanced Therapy for the treatment of major depressive disorder (“MDD”) and other mental health disorders. NeuroStar Advanced Therapy is the leading transcranial magnetic stimulation (“TMS”) treatment for MDD in adults, and is backed by the largest clinical data set of any TMS treatment system for depression, including the world’s largest depression outcomes registry. Greenbrook treatment centers also offer SPRAVATO® (esketamine) nasal spray, a prescription medicine indicated for the treatment of treatment-resistant depression in adults as monotherapy or in conjunction with an oral antidepressant. It is also indicated for depressive symptoms in adults with major depressive disorder with acute suicidal ideation or behavior in conjunction with an oral antidepressant.1
The NeuroStar Advanced Therapy System is cleared by the U.S. Food and Drug Administration for adults with MDD, as an adjunct for adults with obsessive-compulsive disorder, to decrease anxiety symptoms in adult patients with MDD that may exhibit comorbid anxiety symptoms (anxious depression), and as a first line adjunct for the treatment of MDD in adolescent patients aged 15-21. For safety information and indications for use, visit NeuroStar.com.
Investors:
Mike Vallie or Mark Klausner
ICR Healthcare
443-213-0499
ir@neuronetics.com
Media:
EvolveMKD
646-517-4220
NeuroStar@evolvemkd.com
References
1 The effectiveness of SPRAVATO® in preventing suicide or in reducing suicidal ideation or behavior has not been demonstrated. Use of SPRAVATO® does not preclude the need for hospitalization if clinically warranted, even if patients experience improvement after an initial dose of SPRAVATO®. For more important safety information about SPRAVATO®, please visit spravatohcp.com.
