Neuronetics grants cash and RSU awards to executives
Neuronetics, Inc. reported that its Compensation Committee approved new cash and restricted stock unit awards for two senior executives.
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Rhea-AI Filing Summary
Neuronetics, Inc. reported that its Compensation Committee approved new cash and restricted stock unit awards for two senior executives. Steven E. Pfanstiel, Executive Vice President, Chief Financial Officer and Treasurer, received a cash award of $240,000 and 170,212 restricted stock units. W. Andrew Macan, Executive Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary, received a cash award of $231,750 and 164,361 restricted stock units. The cash awards will be paid and the RSUs will vest on the earlier of June 30, 2027 or a termination of employment without cause.
8-K Event Classification
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What executive compensation changes did Neuronetics (STIM) disclose in this 8-K?
Neuronetics disclosed that its Compensation Committee approved cash and restricted stock unit awards for two executives, Steven E. Pfanstiel and W. Andrew Macan.
How much cash did Neuronetics (STIM) award to its executives?
Steven E. Pfanstiel received a $240,000 cash award, and W. Andrew Macan received a $231,750 cash award.
How many RSUs were granted to Neuronetics executives Steven Pfanstiel and Andrew Macan?
Steven E. Pfanstiel was granted 170,212 restricted stock units, and W. Andrew Macan was granted 164,361 restricted stock units.
When do the new RSU awards for Neuronetics (STIM) executives vest?
The RSUs vest on the earlier of June 30, 2027 and a termination of employment without cause.
When will the cash awards to Neuronetics executives be paid?
The cash awards will be paid on the earlier of June 30, 2027 and a termination of employment without cause.
Which Neuronetics executive signed this 8-K report?
The report was signed on behalf of Neuronetics, Inc. by W. Andrew Macan, Executive Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary.
AI-generated analysis. How Rhea-AI works. Not financial advice.