Neuronetics (STIM) ex-CFO corrects insider sale to 8,569 tax-withheld shares

Rhea-AI Filing Summary

Neuronetics, Inc. former EVP, CFO and Treasurer Steven Pfanstiel corrected a prior insider report and now shows an open‑market sale of 8,569 shares of common stock on March 19, 2026 at a weighted average price of $1.34 per share.

The footnotes explain these were non‑discretionary sales made to satisfy his tax withholding obligation upon vesting of a performance restricted stock unit award. After this transaction, he directly holds 836,643 shares of Neuronetics common stock.

Insider Trade Summary

Net Seller: 8,569 shares ($11,482)

Net Sell 1 txn

Insider Pfanstiel Steven

Role Former EVP, CFO and Treasurer

Sold 8,569 shs ($11K)

Type	Security	Shares	Price	Value
Sale	Common Stock	8,569	$1.34	$11K

Holdings After Transaction: Common Stock — 836,643 shares (Direct, null)

Footnotes (1)

1. The Form 4 filed on March 24, 2026 inadvertently reported the disposition of 16,431 shares of common stock in connection with non-discretionary sales to satisfy the Reporting Person's tax withholding obligation upon vesting of a portion of a performance restricted stock unit award. However, the correct amount is 8,569 shares of common stock. The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $1.48 to $1.20. The Reporting Person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Key Figures

Shares sold: 8,569 shares Weighted average sale price: $1.34 per share Post-transaction holdings: 836,643 shares +2 more

5 metrics

Shares sold 8,569 shares Common stock sold on March 19, 2026

Weighted average sale price $1.34 per share Open-market sale to satisfy tax withholding

Post-transaction holdings 836,643 shares Direct common stock ownership after sale

Sale price range $1.48–$1.20 per share Multiple transactions within stated range

Net shares sold 8,569 shares Net-sell direction in transaction summary

Key Terms

performance restricted stock unit award, tax withholding obligation, weighted average price, non-discretionary sales

4 terms

performance restricted stock unit award financial

"a portion of a performance restricted stock unit award"

tax withholding obligation financial

"sales to satisfy the Reporting Person's tax withholding obligation"

weighted average price financial

"The price reported is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

non-discretionary sales financial

"in connection with non-discretionary sales to satisfy"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Pfanstiel Steven

(Last) (First) (Middle)

C/O NEURONETICS, INC.

3222 PHOENIXVILLE PIKE

(Street)

MALVERN PENNSYLVANIA 19355

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Neuronetics, Inc. [ STIM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Former EVP, CFO and Treasurer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
03/24/2026

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/19/2026		S		8,569(1)	D	$1.34(2)	836,643	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The Form 4 filed on March 24, 2026 inadvertently reported the disposition of 16,431 shares of common stock in connection with non-discretionary sales to satisfy the Reporting Person's tax withholding obligation upon vesting of a portion of a performance restricted stock unit award. However, the correct amount is 8,569 shares of common stock.

2. The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $1.48 to $1.20. The Reporting Person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

	/s/ Nusrat Samjani, as Attorney-in-Fact	05/21/2026
	** Signature of Reporting Person	Date
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 4 (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 4: SEC 1474 (03-26)

FAQ

What insider transaction did Neuronetics (STIM) report for Steven Pfanstiel?

Neuronetics reported that former EVP, CFO and Treasurer Steven Pfanstiel sold 8,569 shares of common stock on March 19, 2026 at a weighted average price of $1.34 per share, according to the amended Form 4/A filing.

Why was Steven Pfanstiel’s Neuronetics (STIM) Form 4 amended?

The amended Form 4 corrects an earlier report that showed 16,431 shares disposed. The accurate number is 8,569 shares, reflecting the actual amount sold to cover tax withholding obligations tied to a performance restricted stock unit vesting.

Was Steven Pfanstiel’s Neuronetics (STIM) share sale discretionary?

The filing states the 8,569 shares were sold in non-discretionary transactions to satisfy tax withholding obligations when a performance restricted stock unit award vested, indicating these sales were driven by tax requirements rather than voluntary portfolio decisions.

What price range applied to Steven Pfanstiel’s Neuronetics (STIM) share sale?

The weighted average sale price was $1.34 per share, with individual trades executed between $1.48 and $1.20 per share. The filing notes shares were sold in multiple transactions within this specified price range.

How many Neuronetics (STIM) shares does Steven Pfanstiel hold after the sale?

Following the reported 8,569-share sale, Steven Pfanstiel directly holds 836,643 shares of Neuronetics common stock. This post-transaction balance is disclosed in the Form 4/A as his direct ownership level after the tax-related disposition.

What type of equity award triggered the Neuronetics (STIM) tax-related sale?

The sale was linked to vesting of a performance restricted stock unit award. Shares were disposed to cover the reporting person’s tax withholding obligation arising when a portion of this performance-based equity award vested.