Neuronetics (NASDAQ: STIM) 10% holder buys 1,057,400 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Neuronetics, Inc. 10% owner Jorey Chernett reported significant open-market buying of the company’s common stock. On March 18, 2026, he purchased 607,400 shares at a weighted average price of $1.35 per share in multiple trades. On March 19, 2026, he bought an additional 450,000 shares at a weighted average price of $1.33 per share, also across multiple transactions. Following these purchases, Chernett directly owns 8,573,804 shares of Neuronetics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,057,400 shares ($1,418,490)
Net Buy
2 txns
Insider
Chernett Jorey
Role
10% Owner
Bought
1,057,400 shs ($1.42M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 450,000 | $1.33 | $599K |
| Purchase | Common Stock | 607,400 | $1.35 | $820K |
Holdings After Transaction:
Common Stock — 8,573,804 shares (Direct)
Footnotes (1)
- The price reported in Column 4 is a weighted average price, rounded to the nearest cent. These shares were purchased in multiple transactions at prices ranging from $1.33 to $1.37, rounded to the nearest cent, inclusive. Mr. Chernett undertakes to provide the Issuer and any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price such shares were purchased. The price reported in Column 4 is a weighted average price, rounded to the nearest cent. These shares were purchased in multiple transactions at prices ranging from $1.29 to $1.48, rounded to the nearest cent, inclusive. Mr. Chernett undertakes to provide the Issuer and any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price such shares were purchased.
FAQ
What insider activity did Neuronetics (STIM) report in this Form 4?
Neuronetics reported that 10% owner Jorey Chernett made open-market purchases of its common stock. He bought a total of 1,057,400 shares over two days, increasing his direct ownership stake in the company.
What is Jorey Chernett’s total Neuronetics (STIM) ownership after these transactions?
After the reported purchases, Jorey Chernett directly owns 8,573,804 shares of Neuronetics common stock. This reflects his status as a 10% owner and shows the updated position following the March 2026 open-market buys.
Were the Neuronetics (STIM) insider purchases single trades or multiple transactions?
Each day’s reported price is a weighted average from multiple trades. Footnotes state the March 19 trades ranged from $1.33 to $1.37, and the March 18 trades ranged from $1.29 to $1.48, all rounded to the nearest cent.
What type of transaction code is shown in the Neuronetics (STIM) Form 4?
The Form 4 uses transaction code P, described as an open-market or private purchase. Both reported transactions are classified as non-derivative common stock buys, indicating direct share purchases rather than option exercises or derivative conversions.