Welcome to our dedicated page for Neuronetics SEC filings (Ticker: STIM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Neuronetics, Inc. filings document the public reporting record for a Nasdaq-listed medical technology and healthcare company with common stock traded under STIM. Recent Form 8-K reports furnish operating results, investor presentation materials, executive appointments and retirements, compensation arrangements, restructuring charges, and material agreements tied to credit facilities and registration rights.
The company’s proxy materials describe annual meeting voting matters, director elections, auditor ratification, advisory executive compensation votes, and equity incentive plan approvals. Together with event reports, the filings disclose governance procedures, capital-structure matters, Nasdaq-listed security information, and contractual obligations associated with Neuronetics’ medical device and clinic-services operations.
STIM shareholder William A. Macan has filed a Form 144 notice to sell up to 14,120 shares of common stock. The proposed sale, with an aggregate market value of $23,241.52, is planned through Fidelity Brokerage Services LLC on the NASDAQ, with an approximate sale date of 02/12/2026.
The shares were acquired on 02/06/2026 through restricted stock vesting from the issuer as compensation. Over the prior three months, Macan sold 3,485 common shares for gross proceeds of $5,391.99. The filing also states that the seller represents having no undisclosed material adverse information about STIM.
Neuronetics, Inc. reported selected preliminary, unaudited results showing strong growth for the fourth quarter and full year 2025. Fourth quarter 2025 revenue was $41.8 million, up 23% on an adjusted pro‑forma basis and 86% versus reported fourth quarter 2024. NeuroStar revenue was $18.3 million, with 49 NeuroStar Advanced Therapy systems shipped, while clinic revenue reached $23.5 million, up 37% on an adjusted pro‑forma basis.
For full year 2025, revenue was $149.2 million, a 15% increase on an adjusted pro‑forma basis and 99% higher than reported 2024. Full year NeuroStar revenue was $62.2 million, and clinic revenue was $87.0 million, up 28% on an adjusted pro‑forma basis. The company generated positive operating cash flow of $0.9 million in the quarter and ended 2025 with $34.1 million in total cash.
A holder of STIM common stock filed a notice of proposed sale under Rule 144 covering 3,485 shares, with an aggregate market value of $5,391.99, to be sold through Fidelity Brokerage Services LLC on or about 02/10/2026 on the NASDAQ.
The securities were acquired as restricted stock vesting from the issuer on 02/05/2026 as compensation. Shares of the issuer outstanding were 68,485,922 at the time referenced, providing context for the planned sale size.
STIM filed a notice of proposed sale of restricted securities under Rule 144. The filing covers the planned sale of 40,976 shares of common stock through Fidelity Brokerage Services LLC on NASDAQ around February 10, 2026, with an aggregate market value of $63,398.07.
These shares were acquired on February 5, 2026 through restricted stock vesting from the issuer as compensation. Shares outstanding were 68,485,922. The seller represents that they do not know of any undisclosed material adverse information about the issuer’s current or prospective operations.
Investor Jorey Chernett filed an amended Schedule 13G reporting his beneficial ownership in Neuronetics, Inc. common stock. He reports holding 6,827,031 shares, with sole power to vote and dispose of all of these shares and no shared voting or dispositive power.
This stake exceeds the 5% threshold that requires public disclosure but is certified as not intended to change or influence control of Neuronetics. The filing lists Chernett as a U.S. individual investor and indicates no group, subsidiaries, or other persons on whose behalf the shares are held.
Neuronetics, Inc. entered into Amendment No. 4 to its existing Credit Agreement and Guaranty with Perceptive Credit Holdings IV, LP and other lenders. This amendment changes how the company’s subsidiaries are required to join the credit facility as an “Obligor” and “Subsidiary Guarantor”, affecting which subsidiaries must guarantee the company’s debt under this agreement.
The amendment is part of the company’s ongoing relationship with Perceptive and adjusts the guarantee structure rather than creating a new financing arrangement. The full legal terms are contained in the amendment, which is filed as an exhibit to this report.
Neuronetics, Inc. reported that its Compensation Committee approved new cash and restricted stock unit awards for two senior executives. Steven E. Pfanstiel, Executive Vice President, Chief Financial Officer and Treasurer, received a cash award of $240,000 and 170,212 restricted stock units. W. Andrew Macan, Executive Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary, received a cash award of $231,750 and 164,361 restricted stock units. The cash awards will be paid and the RSUs will vest on the earlier of June 30, 2027 or a termination of employment without cause.
Neuronetics (STIM) reported Q3 2025 results. Revenue rose to $37.3 million from $18.5 million, reflecting the Greenbrook acquisition and a new services mix. U.S. clinic revenue contributed $21.8 million (60% of U.S. revenue), while treatment sessions were $10.5 million and NeuroStar systems were $3.5 million.
Gross profit was $17.1 million versus $14.0 million a year ago. The company posted a loss from operations of $7.3 million and a net loss of $9.4 million, improving from a $13.3 million net loss last year. EPS was ($0.13) versus ($0.44).
Liquidity strengthened through a February secondary offering of 9.2 million shares at $2.25 (net proceeds $18.9 million) and an at-the-market program that sold 2,261,835 shares for gross $8.3 million (net $7.8 million), leaving about $41.7 million available. Cash and cash equivalents were $28.0 million with $6.5 million restricted, and long-term debt, net, was $65.7 million; $70.0 million is outstanding under the Perceptive facility maturing in July 2029. Shares outstanding were 68.5 million as of October 29, 2025.
Neuronetics, Inc. (STIM) filed an 8-K announcing it furnished a press release with financial results for the three months ended September 30, 2025 (Exhibit 99.1) and an investor presentation (Exhibit 99.2). The materials are furnished, not filed, under the Exchange Act.
The company also disclosed a planned leadership transition: President & CEO Keith J. Sullivan intends to retire on June 30, 2026. A search for his successor has begun. He will continue in his role until a successor is appointed and then serve as a consultant to support a seamless transition. The company stated his decision was not due to any dispute or disagreement.
Neuronetics (STIM) reported an insider equity award on Form 4. A director acquired 10,531 shares of common stock on 10/20/2025 through a restricted stock unit award that vested immediately, elected in lieu of a cash retainer. The transaction was recorded at $0 per unit, consistent with RSU grants.
Following this transaction, the director’s beneficial ownership stands at 588,767 shares, held directly.