Neuronetics director granted 30,000 RSUs
Neuronetics, Inc. director Glenn P. Muir received a grant of 30,000 restricted stock units (RSUs) of common stock at no cost.
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Rhea-AI Filing Summary
Neuronetics, Inc. director Glenn P. Muir received a grant of 30,000 restricted stock units (RSUs) of common stock at no cost. The RSU award vests on the earlier of May 28, 2027, or a Board-approved separation of service or change in control, subject to his continuous service.
Each RSU converts into one share of Neuronetics common stock when it vests. Following this equity award, Muir’s reported direct holdings increased to 401,816 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 30,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
Key Figures
Key Terms
restricted stock unit ("RSU") financial
change in control financial
continuous service financial
FAQ
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What insider transaction did Neuronetics (STIM) report for Glenn P. Muir?
When do Glenn P. Muir’s 30,000 Neuronetics RSUs vest?
What does each Neuronetics (STIM) RSU granted to Glenn P. Muir represent?
Is Glenn P. Muir’s Neuronetics Form 4 transaction an open-market purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.