Neuronetics (STIM) director Megan Rosengarten granted 30,000 RSUs, now holds 170,890 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Neuronetics, Inc. director Megan Rosengarten reported receiving an award of 30,000 restricted stock units of common stock. The RSU grant is a form of equity compensation and carries no cash exercise price.
The award vests on the earlier of May 28, 2027, or her Board-approved separation of service or a change in control of Neuronetics, in each case requiring her continuous service through that date. After this grant, she holds 170,890 shares and RSUs of Neuronetics common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rosengarten Megan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 30,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 170,890 shares (Direct, null)
Footnotes (1)
- Represents a restricted stock unit ("RSU") award that vests on the earlier of (a) May 28, 2027 or (b) the Reporting Person's Board-approved separation of service from the Issuer or change in control of the Issuer, in each case subject to continuous service of the Reporting Person through such date. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
Key Figures
RSU grant size: 30,000 units
Shares after transaction: 170,890 shares/units
RSU grant price: $0.0000 per unit
+1 more
4 metrics
RSU grant size
30,000 units
Restricted stock units of common stock granted to director
Shares after transaction
170,890 shares/units
Direct holdings following RSU award
RSU grant price
$0.0000 per unit
Reported transaction price for the RSU award
RSU vesting date
May 28, 2027
Latest possible vesting date, subject to earlier events
Key Terms
restricted stock unit ("RSU") award, change in control, continuous service, contingent right
4 terms
restricted stock unit ("RSU") award financial
"Represents a restricted stock unit ("RSU") award that vests on the earlier of (a) May 28, 2027..."
change in control financial
"...Board-approved separation of service from the Issuer or change in control of the Issuer..."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
continuous service financial
"...in each case subject to continuous service of the Reporting Person through such date."
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock."
FAQ
What did Neuronetics (STIM) director Megan Rosengarten report in this Form 4?
She reported an equity compensation grant of 30,000 restricted stock units of Neuronetics common stock. These RSUs were awarded at no cash cost and increase her direct holdings to 170,890 shares and units after the transaction, according to the filing’s ownership table.
When do Megan Rosengarten’s 30,000 Neuronetics (STIM) RSUs vest?
The 30,000 RSUs vest on the earlier of May 28, 2027, or her Board-approved separation of service or a change in control of Neuronetics. Vesting in each case is conditioned on her continuous service with the company through the applicable date.
What does each Neuronetics (STIM) RSU granted to Megan Rosengarten represent?
Each RSU represents a contingent right to receive one share of Neuronetics common stock upon vesting. The award therefore corresponds to up to 30,000 shares, subject to the vesting conditions tied to service, separation events, or a change in control of the company.
Was Megan Rosengarten’s Neuronetics (STIM) RSU award a market purchase or sale?
No, the Form 4 characterizes the transaction as a grant or award acquisition, coded “A.” The 30,000 RSUs were issued as equity compensation at a reported price of $0.0000 per unit, rather than being bought or sold in the open market.