Neuronetics (STIM) EVP receives 33,750 performance-based common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Neuronetics, Inc. reported that its EVP, CLO and CS, William Andrew Macan, received an award of 33,750 shares of common stock. These shares were granted for no cash consideration after performance criteria tied to performance-based restricted stock units were satisfied. Following this equity award, his directly held common stock position increased to 913,275 shares, highlighting a compensation-related, non-market acquisition rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MACAN WILLIAM ANDREW
Role
EVP, CLO and CS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 33,750 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 913,275 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Neuronetics (STIM) report for William Andrew Macan?
Neuronetics reported that EVP, CLO and CS William Andrew Macan received 33,750 shares of common stock. The shares were granted for no cash consideration after performance criteria on performance-based restricted stock units were met, increasing his directly held position to 913,275 shares.
Was the Neuronetics (STIM) insider transaction an open-market buy or a compensation grant?
The transaction was a compensation-related grant, not an open-market purchase. William Andrew Macan received 33,750 common shares for no consideration upon satisfaction of performance criteria on performance-based restricted stock units, reflecting equity compensation rather than a cash-funded share acquisition.
Does the Neuronetics (STIM) Form 4 indicate any insider selling activity?
The Form 4 shows only an acquisition of shares, not a sale. William Andrew Macan received 33,750 common shares for no consideration when performance-based restricted stock units vested, bringing his directly held total to 913,275 shares with no dispositions reported.