Neuronetics (STIM) EVP sells shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Neuronetics, Inc. executive William Andrew Macan, EVP, CLO and CS, reported selling 3,485 shares of common stock on February 10, 2026. The Form 4 notes these were non-discretionary sales made solely to satisfy tax withholding on the vesting of a restricted stock unit award, at a weighted average price of $1.55 per share. After this transaction, Macan directly beneficially owned 687,681 shares of Neuronetics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,485 shares ($5,402)
Net Sell
1 txn
Insider
MACAN WILLIAM ANDREW
Role
EVP, CLO and CS
Sold
3,485 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,485 | $1.55 | $5K |
Holdings After Transaction:
Common Stock — 687,681 shares (Direct)
Footnotes (1)
- The sales reported in this Form 4 were non-discretionary sales to satisfy the Reporting Person's tax withholding obligation upon vesting of a portion of a restricted stock unit award. The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $1.45 to $1.60. 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.
FAQ
What insider transaction did Neuronetics (STIM) report for William Andrew Macan?
Neuronetics reported that EVP, CLO and CS William Andrew Macan sold 3,485 shares of common stock on February 10, 2026. The filing states these were non-discretionary sales to cover tax withholding arising from the vesting of a restricted stock unit award.
What do the price range details mean in the Neuronetics (STIM) Form 4 filing?
The filing notes the reported $1.55 price is a weighted average. The 3,485 shares were sold in multiple transactions with per-share prices between $1.45 and $1.60. Macan undertakes to provide full trade-by-trade pricing details upon request to regulators or shareholders.
What is William Andrew Macan’s role at Neuronetics (STIM) mentioned in the Form 4?
The Form 4 identifies William Andrew Macan as an officer of Neuronetics, serving as EVP, CLO and CS. This indicates he is the Executive Vice President, Chief Legal Officer, and Corporate Secretary, and the transaction reflects his personal share ownership activity.