Neuronetics (STIM) CFO awarded 25,000 RSUs vesting from 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pfanstiel Steven reported acquisition or exercise transactions in this Form 4 filing.
Neuronetics, Inc. reported that EVP, CFO and Treasurer Steven Pfanstiel received an equity grant of 25,000 restricted stock units (RSUs). Each RSU represents a right to receive one share of common stock, vesting in three equal annual installments beginning on March 17, 2027, subject to his continuous service. Following this award, Pfanstiel is shown as holding 845,212 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pfanstiel Steven
Role
EVP, CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 845,212 shares (Direct)
Footnotes (1)
- Represents a restricted stock unit ("RSU") award that vests in three equal annual installments beginning on March 17, 2027, 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.
FAQ
What insider transaction did Neuronetics (STIM) report for Steven Pfanstiel?
Neuronetics reported that EVP, CFO and Treasurer Steven Pfanstiel received an equity grant of 25,000 restricted stock units (RSUs). These awards are part of his compensation and convert into common shares as they vest over time.
How do the new RSUs granted to Neuronetics (STIM) CFO vest?
The 25,000 RSUs granted to Neuronetics CFO Steven Pfanstiel vest in three equal annual installments starting on March 17, 2027. Each installment requires his continuous service through the applicable vesting date to receive the underlying shares.
What does each RSU granted by Neuronetics (STIM) to its CFO represent?
Each RSU granted to the Neuronetics CFO represents a contingent right to receive one share of Neuronetics common stock. The shares are not issued immediately; they are delivered only as the RSUs vest according to the stated schedule.
Was the Neuronetics (STIM) CFO’s RSU grant an open-market purchase or a compensation award?
The transaction is a compensation-related award, not an open-market purchase. It is coded as a grant or award acquisition at a price of $0.00 per share, reflecting stock-based compensation rather than a cash-funded share purchase.