Neuronetics (NASDAQ: STIM) major holder buys 35,000 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Neuronetics, Inc. disclosed that large shareholder Jorey Chernett, a more than ten percent owner, made an open-market purchase of 35,000 shares of Common Stock on 2026-07-14 at a weighted average price of $1.78 per share, increasing his direct holdings to 10,588,988 shares. The shares were bought in multiple trades between $1.77 and $1.79.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 35,000 shares ($62,300)
Net Buy
1 txn
Insider
Chernett Jorey
Role
10% Owner
Bought
35,000 shs ($62K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 35,000 | $1.78 | $62K |
Holdings After Transaction:
Common Stock — 10,588,988 shares (Direct)
Footnotes (1)
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Key Figures
Shares purchased: 35,000 shares
Weighted average purchase price: $1.78 per share
Purchase price range: $1.77–$1.79 per share
+2 more
5 metrics
Shares purchased
35,000 shares
Open-market purchase of Neuronetics common stock on 2026-07-14
Weighted average purchase price
$1.78 per share
Average price paid for 35,000 purchased shares
Purchase price range
$1.77–$1.79 per share
Range of individual trade prices for the purchased shares
Post-transaction holdings
10,588,988 shares
Total Neuronetics common shares directly owned by Jorey Chernett after the trade
Transaction date
2026-07-14
Date of the open-market purchase transaction
Key Terms
open-market purchase, weighted average price, ten percent owner
3 terms
open-market purchase financial
"made an open-market purchase of 35,000 shares of Common Stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
ten percent owner financial
"a more than ten percent owner made an open-market purchase"
FAQ
What insider transaction did Neuronetics (STIM) report on this Form 4?
Neuronetics reported that large shareholder Jorey Chernett executed an open-market purchase of its common stock. He bought 35,000 shares on 2026-07-14 and, after this transaction, directly owned 10,588,988 shares of Neuronetics common stock.
Was the Neuronetics (STIM) insider trade an open-market purchase?
Yes. The filing classifies the transaction as an open-market purchase of common stock, coded as a “P” transaction. This indicates Chernett bought shares in market or private transactions rather than receiving them through options exercises, grants, or other non-market mechanisms.