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Neuronetics EVP Cory Anderson files Form 3 holdings

Neuronetics, Inc. executive Cory Anderson, EVP & Gen.

(Neutral)
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Neuronetics, Inc. executive Cory Anderson, EVP & Gen. Manager, Greenbrook, filed an initial statement of beneficial ownership. He reports direct holdings of the company’s common stock and performance restricted stock units that can deliver up to 15,000 and 18,335 shares at a $0.0000 exercise price. These PRSUs vest between December 31, 2026 and December 31, 2027, contingent on specified Cash Balance and Cash Flow Breakeven performance metrics and his continued service.

Positive

  • None.

Negative

  • None.

Filing Explained

The July 13 Form 3 records direct common-stock holdings and contingent equity awards, not a completed issuer share issuance or transfer.

The July 13, 2026 Form 3 is an initial beneficial-ownership statement for a reporting person identified as a 10% owner and EVP & General Manager of Greenbrook, with an event date of July 1, 2026. The filing records the person's common-stock holdings and equity awards rather than reporting a sale or purchase transaction.

Restricted stock units are described as contingent rights to receive one share of Neuronetics common stock, subject to the applicable vesting requirements. Table I lists 53,205 shares of common stock and six direct RSU awards for 13,336, 5,001, 3,334, 55,003, 136,933, and 150,000 shares, with the stated vesting dates in 2027.

Table II lists performance restricted stock units for 18,335 and 15,000 underlying common shares. The 18,335-share award begins vesting on December 31, 2026 based on cash-balance metrics for fiscal years 2026 and 2027, while the 15,000-share award vests on December 31, 2026 if the issuer achieves cash-flow breakeven for the quarter ended September 30, 2026.

For existing common holders, the structural point is potential future share delivery under these awards; the filing does not state that the contingent shares have been issued.

Insider Anderson Cory
Role EVP & Gen. Manager, Greenbrook
Type Security Shares Price Value
holding Performance Restricted Stock Unit F8, F7 -- -- --
holding Performance Restricted Stock Unit F8, F9 -- -- --
holding Common Stock -- -- --
holding Common Stock F1 -- -- --
holding Common Stock F2 -- -- --
holding Common Stock F3 -- -- --
holding Common Stock F4 -- -- --
holding Common Stock F5 -- -- --
holding Common Stock F6 -- -- --
Holdings After Transaction: Performance Restricted Stock Unit — 33,335 contracts (Direct); Common Stock — 416,812 shares (Direct)
Footnotes (9)
  1. F1. Represents a restricted stock unit ("RSU") award that vests on February 5, 2027, subject to the Reporting Person's continuous service with the Issuer or its affiliates through such date. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
  2. F2. Represents a RSU award that vests on February 28, 2027, subject to the Reporting Person's continuous service with the Issuer or its affiliates through such date. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
  3. F3. Represents a RSU award that vests on March 28, 2027, subject to the Reporting Person's continuous service with the Issuer or its affiliates through such date. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
  4. F4. Represents a RSU award that vests in two equal annual installments beginning on February 24, 2027, in each case subject to the Reporting Person's continuous service with the Issuer or its affiliates through such date. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
  5. F5. Represents a RSU award that vests on June 30, 2027, subject to the Reporting Person's continuous service with the Issuer or its affiliates through such date. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
  6. F6. Represents a RSU award that vests in three equal annual installments beginning on February 23, 2027, in each case subject to the Reporting Person's continuous service with the Issuer or its affiliates through such date. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
  7. F7. Represents a performance restricted stock unit ("PRSU") award granted on February 24, 2025 and vesting beginning on December 31, 2026, subject to satisfaction of the applicable performance metrics and continuous service of the Reporting Person through such date. The performance metrics are as follows: (i) 50% of the award will be attained if the Issuer achieves Cash Balance (as defined in the applicable PRSU grant notice) for the fiscal year ended 2026 and (ii) 50% of the award will be attained if the Issuer achieves Cash Balance for the fiscal year ended 2027.
  8. F8. Each PRSU represents a contingent right to receive one share of the Issuer's common stock.
  9. F9. Represents a PRSU award granted on October 29, 2025 and vesting on December 31, 2026, subject to satisfaction of the applicable performance metrics and continuous service of the Reporting Person through such date. The performance metrics are as follows: the award will be attained if the Issuer achieves Cash Flow Breakeven (as defined in the applicable PRSU grant notice) for the fiscal quarter ended September 30, 2026.
Underlying PRSU shares (2026 award) 15,000 shares Performance restricted stock unit linked to common stock with 2026-12-31 expiration date
Underlying PRSU shares (2027 award) 18,335 shares Performance restricted stock unit linked to common stock with 2027-12-31 expiration date
PRSU exercise price $0.0000 Exercise price for the reported performance restricted stock unit awards
Performance period year 2026 and 2027 Cash Balance performance metrics for fiscal years 2026 and 2027 tied to PRSU vesting
Quarter for Cash Flow Breakeven metric Quarter ended September 30, 2026 PRSU award vests if Cash Flow Breakeven is achieved for this quarter
restricted stock unit financial
"Represents a restricted stock unit ("RSU") award that vests on February 5, 2027"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
performance restricted stock unit financial
"Represents a performance restricted stock unit ("PRSU") award granted on February 24, 2025"
Cash Balance financial
"50% of the award will be attained if the Issuer achieves Cash Balance for the fiscal year"
Cash Flow Breakeven financial
"award will be attained if the Issuer achieves Cash Flow Breakeven for the fiscal quarter"
The point at which a company’s incoming cash from operations equals its outgoing cash for running the business, so the company is neither drawing down nor adding to its cash reserves; it focuses on actual cash movements rather than accounting profits. Investors care because it shows when a business can sustain itself from its own cash flow—like a household whose paychecks cover its bills—indicating shorter cash runway and lower dependence on outside funding.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Neuronetics (STIM) disclose about Cory Anderson in this Form 3?

The filing shows Cory Anderson, EVP & Gen. Manager, Greenbrook, as a reporting person with direct holdings of common stock and performance restricted stock units tied to Neuronetics’ common shares.

How many Neuronetics (STIM) shares underlie Cory Anderson’s reported PRSUs?

Cory Anderson reports performance restricted stock units linked to 15,000 and 18,335 underlying shares of Neuronetics common stock, each with a stated $0.0000 exercise price, subject to vesting and performance conditions.

What are the vesting dates for Cory Anderson’s Neuronetics (STIM) performance RSUs?

The performance restricted stock units have expiration or vesting-related dates of December 31, 2026 and December 31, 2027, with vesting dependent on achieving specified performance metrics and Anderson’s continuous service.

Which performance metrics affect Cory Anderson’s PRSUs at Neuronetics (STIM)?

The PRSUs vest based on Cash Balance targets for Neuronetics’ fiscal years 2026 and 2027, and a separate award vests if the company achieves Cash Flow Breakeven for the fiscal quarter ended September 30, 2026.

Are Cory Anderson’s Neuronetics (STIM) RSU and PRSU awards contingent on continued service?

Yes. The RSU and PRSU awards described vest only if Cory Anderson maintains continuous service with Neuronetics or its affiliates through the specified vesting dates, in addition to meeting the defined performance conditions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Anderson Cory

(Last)(First)(Middle)
C/O NEURONETICS, INC
3222 PHOENIXVILLE PIKE

(Street)
MALVERN PENNSYLVANIA 19355

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
07/01/2026
3. Issuer Name and Ticker or Trading Symbol
Neuronetics, Inc. [ STIM ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & Gen. Manager, Greenbrook
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock53,205D
Common Stock13,336(1)D
Common Stock5,001(2)D
Common Stock3,334(3)D
Common Stock55,003(4)D
Common Stock136,933(5)D
Common Stock150,000(6)D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Restricted Stock Unit12/31/2026(7)12/31/2027(7)Common Stock18,335(7)$0(8)D
Performance Restricted Stock Unit12/31/2026(9)12/31/2026(9)Common Stock15,000(9)$0(8)D
Explanation of Responses:
1. Represents a restricted stock unit ("RSU") award that vests on February 5, 2027, subject to the Reporting Person's continuous service with the Issuer or its affiliates through such date. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
2. Represents a RSU award that vests on February 28, 2027, subject to the Reporting Person's continuous service with the Issuer or its affiliates through such date. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
3. Represents a RSU award that vests on March 28, 2027, subject to the Reporting Person's continuous service with the Issuer or its affiliates through such date. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
4. Represents a RSU award that vests in two equal annual installments beginning on February 24, 2027, in each case subject to the Reporting Person's continuous service with the Issuer or its affiliates through such date. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
5. Represents a RSU award that vests on June 30, 2027, subject to the Reporting Person's continuous service with the Issuer or its affiliates through such date. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
6. Represents a RSU award that vests in three equal annual installments beginning on February 23, 2027, in each case subject to the Reporting Person's continuous service with the Issuer or its affiliates through such date. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
7. Represents a performance restricted stock unit ("PRSU") award granted on February 24, 2025 and vesting beginning on December 31, 2026, subject to satisfaction of the applicable performance metrics and continuous service of the Reporting Person through such date. The performance metrics are as follows: (i) 50% of the award will be attained if the Issuer achieves Cash Balance (as defined in the applicable PRSU grant notice) for the fiscal year ended 2026 and (ii) 50% of the award will be attained if the Issuer achieves Cash Balance for the fiscal year ended 2027.
8. Each PRSU represents a contingent right to receive one share of the Issuer's common stock.
9. Represents a PRSU award granted on October 29, 2025 and vesting on December 31, 2026, subject to satisfaction of the applicable performance metrics and continuous service of the Reporting Person through such date. The performance metrics are as follows: the award will be attained if the Issuer achieves Cash Flow Breakeven (as defined in the applicable PRSU grant notice) for the fiscal quarter ended September 30, 2026.
/s/ Patrick Devine, as Attorney-in-Fact07/13/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

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