Neuronetics (STIM) director Sheryl Conley awarded 30,000 RSUs in stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CONLEY SHERYL L reported acquisition or exercise transactions in this Form 4 filing.
Neuronetics, Inc. director Sheryl L. Conley reported receiving an equity award in the form of restricted stock units. The award covers 30,000 RSUs, with no cash purchase price. Each RSU represents the right to receive one share of Neuronetics common stock.
The RSUs vest on the earlier of May 28, 2027, or her Board-approved separation from service or a change in control of Neuronetics, in each case conditioned on her continuous service through that date. After this grant, Conley holds 251,716 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CONLEY SHERYL L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 30,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 251,716 shares (Direct, null)
Footnotes (1)
- 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. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
Key Figures
RSU grant size: 30,000 units
Transaction price per share: $0.0000 per share
Post-grant holdings: 251,716 shares
+2 more
5 metrics
RSU grant size
30,000 units
Restricted stock unit award to director on May 28, 2026
Transaction price per share
$0.0000 per share
Reported grant price for RSU award
Post-grant holdings
251,716 shares
Total common shares directly held after transaction
RSU-to-share ratio
1 RSU : 1 share
Each RSU represents one share of common stock
RSU vesting date
May 28, 2027
Vests on earlier of this date, Board-approved separation, or change in control
Key Terms
restricted stock unit ("RSU"), change in control, continuous service
3 terms
restricted stock unit ("RSU") financial
"Represents a restricted stock unit ("RSU") award that vests on the earlier"
change in control financial
"separation of service from the Issuer or change in control of the Issuer"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
continuous service financial
"in each case subject to continuous service of the Reporting Person through such date"
FAQ
What did Neuronetics (STIM) director Sheryl L. Conley report in this Form 4?
Sheryl L. Conley reported receiving an award of 30,000 restricted stock units from Neuronetics. This is a stock-based compensation grant, with each RSU representing a contingent right to receive one share of Neuronetics common stock at vesting.
When do Sheryl L. Conley’s Neuronetics (STIM) RSUs vest?
The RSUs vest on the earlier of May 28, 2027, or her Board-approved separation or a change in control of Neuronetics. In each case, vesting requires her continuous service with the company up to the applicable vesting date.
Does Sheryl L. Conley pay a purchase price for the Neuronetics (STIM) RSU grant?
No cash purchase price is indicated for this RSU grant; the transaction price per share is reported as 0.0000. The award is stock-based compensation, not an open-market purchase of Neuronetics common stock by the director.