Neuronetics EVP sells shares for tax withholding

Neuronetics, Inc. executive William Andrew Macan, EVP, CLO and CS, reported an open-market sale of 3,427 shares of common stock at a weighted average price of $1.35 per share.

Rhea-AI Filing Summary

Neuronetics, Inc. executive William Andrew Macan, EVP, CLO and CS, reported an open-market sale of 3,427 shares of common stock at a weighted average price of $1.35 per share. The sale was a non-discretionary transaction to cover tax withholding upon vesting of a restricted stock unit award, and he now holds 880,134 shares directly.

Insider Trade Summary

Net Seller: 3,427 shares

Net Sell 1 txn

Insider MACAN WILLIAM ANDREW

Role EVP, CLO and CS

Sold 3,427 shs ($5K)

Type	Security	Shares	Price	Value
Sale	Common Stock	3,427	$1.35	$5K

Holdings After Transaction: Common Stock — 880,134 shares (Direct)

Footnotes (2)

1. F1. 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.
2. F2. The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $1.38 to $1.31. 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

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What insider transaction did Neuronetics (STIM) report for William Andrew Macan?

Neuronetics reported that executive William Andrew Macan sold 3,427 shares of common stock. The sale was an open-market transaction used to satisfy tax withholding obligations tied to a restricted stock unit award vesting event.

At what price were the Neuronetics (STIM) shares sold in this Form 4?

The transaction is reported at a weighted average price of $1.35 per share. Footnotes state the shares were sold in multiple trades between $1.38 and $1.31, with detailed price breakdowns available upon request.

Why did the Neuronetics (STIM) executive sell 3,427 shares?

The sales were non-discretionary to satisfy the reporting person’s tax withholding obligation. This obligation arose when a portion of a restricted stock unit award vested, requiring shares to be sold to cover associated tax liabilities.

How many Neuronetics (STIM) shares does William Andrew Macan own after this sale?

After the reported sale, William Andrew Macan directly owns 880,134 shares of Neuronetics common stock. This remaining stake reflects his ongoing equity position following the relatively small tax-related share sale reported in the Form 4.

What is the role of William Andrew Macan at Neuronetics (STIM)?

William Andrew Macan serves as Executive Vice President, Chief Legal Officer and Corporate Secretary at Neuronetics. His leadership role and equity ownership are disclosed in the Form 4, which reports his tax-related sale of common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/27/2026 - 04:34 PM EST Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MACAN WILLIAM ANDREW

(Last) (First) (Middle)

C/O NEURONETICS, INC.

3222 PHOENIXVILLE PIKE

(Street)

MALVERN PA 19355

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Neuronetics, Inc. [ STIM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, CLO and CS

3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/26/2026		S		3,427(1)	D	$1.35(2)	880,134	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

2. The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $1.38 to $1.31. 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.

	/s/ Patrick Devine, as Attorney-in-Fact	02/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.