Neuronetics (STIM) director granted 36,250 RSUs, holdings rise to 625,017 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Neuronetics, Inc. director Robert Cascella received a grant of 36,250 restricted stock units of common stock as equity compensation. The award has no cash exercise price and will vest on the earlier of May 28, 2027, or a Board-approved separation or change in control, subject to his continuous service. After this grant, Cascella holds 625,017 shares of Neuronetics common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CASCELLA ROBERT
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 36,250 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 625,017 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: 36,250 shares
Transaction price per share: $0.00 per share
Holdings after transaction: 625,017 shares
+1 more
4 metrics
RSU grant size
36,250 shares
Restricted stock unit award to director Robert Cascella
Transaction price per share
$0.00 per share
Equity compensation, not an open-market purchase
Holdings after transaction
625,017 shares
Total direct ownership after RSU grant
RSU vesting date
May 28, 2027
Vests earlier if Board-approved separation or change in control occurs
Key Terms
restricted stock unit, RSU, change in control, contingent right
4 terms
restricted stock unit financial
"Represents a restricted stock unit ("RSU") award that vests on the earlier of"
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.
RSU financial
"Represents a restricted stock unit ("RSU") award that vests on the earlier of"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
change in control financial
"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.
contingent right financial
"Each RSU represents a contingent right to receive one share"
FAQ
What insider transaction did Neuronetics (STIM) report for Robert Cascella?
Neuronetics reported that director Robert Cascella received a grant of 36,250 restricted stock units of common stock. This is an equity compensation award, not an open-market purchase or sale, and increases his directly held position in the company.
When do Robert Cascella’s Neuronetics (STIM) RSUs vest?
The restricted stock unit award vests on the earlier of May 28, 2027, or a Board-approved separation from service or change in control of Neuronetics. Vesting is conditioned on Cascella’s continuous service through the applicable vesting date.
What does each RSU in Robert Cascella’s Neuronetics (STIM) grant represent?
Each restricted stock unit represents a contingent right to receive one share of Neuronetics common stock. The shares are delivered only upon vesting, subject to the service-based and event-based conditions outlined in the award’s terms.
Was cash paid for Robert Cascella’s Neuronetics (STIM) RSU grant?
No cash was paid for the RSU grant; the per-share transaction price is reported as $0.00. The award represents stock-based compensation granted by Neuronetics rather than a purchase transaction on the open market.