Major Neuronetics (NASDAQ: STIM) holder adds 169K shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Neuronetics, Inc. insider activity: 10% owner Jorey Chernett purchased 169,472 shares of Neuronetics common stock in an open-market transaction at a weighted average price of $1.41 per share. The footnote states the trades occurred in multiple transactions between $1.36 and $1.44 per share, rounded to the nearest cent.
Following this purchase, Chernett directly holds 8,743,276 Neuronetics shares. The filing notes he can provide detailed breakdowns of the number of shares bought at each specific price upon request by the company, its security holders, or the SEC staff.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 169,472 shares ($238,956)
Net Buy
1 txn
Insider
Chernett Jorey
Role
10% Owner
Bought
169,472 shs ($239K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 169,472 | $1.41 | $239K |
Holdings After Transaction:
Common Stock — 8,743,276 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Neuronetics (STIM) report in this Form 4?
Neuronetics reported an open-market purchase by a major shareholder. Ten percent owner Jorey Chernett bought 169,472 shares of Neuronetics common stock, increasing his direct holdings and documenting the transaction details, including pricing and total post-transaction ownership, in the Form 4 filing with the SEC.
Was the Neuronetics (STIM) insider transaction an open-market purchase?
Yes, the transaction was an open-market purchase of common stock. The Form 4 classifies the trade with code “P” and describes it as an open-market or private transaction purchase, confirming that the 169,472 Neuronetics shares were acquired through market transactions rather than as a grant or derivative exercise.
Does the Neuronetics (STIM) Form 4 mention derivative securities or options?
No derivative securities are listed in this Form 4 excerpt. The reported transaction involves only Neuronetics common stock as a non-derivative security, and the derivative summary section shows no remaining derivative positions or option exercises associated with this specific insider filing.