Chernett Jorey 4
Research Summary
AI-generated summary
Neuronetics (STIM) 10% Owner Jorey Chernett Buys 150,000 Shares
What Happened
Jorey Chernett, reported as a >10% owner of Neuronetics, purchased a total of 150,000 shares of Neuronetics, Inc. in open-market transactions. On 2026-03-25 Chernett acquired 125,000 shares at a reported weighted-average price of $1.40 (≈ $175,000), and on 2026-03-26 acquired 25,000 shares at $1.44 (≈ $36,000), for roughly $211,000 total. These were purchases (buying stock), which many investors view as a more informative signal than routine sales.
Key Details
- Transaction dates and prices:
- 2026-03-25: Purchase (P) — 125,000 shares @ $1.40 reported (weighted avg)
- 2026-03-26: Purchase (P) — 25,000 shares @ $1.44
- Shares owned after transaction: Not stated in the provided filing excerpt.
- Footnote: The filing notes the reported price is a weighted average and that some shares were bought in multiple transactions at prices ranging $1.38–$1.42 (rounded). Chernett offers to provide a full per-trade breakdown on request.
- Timeliness: Report filed 2026-03-27 for transactions dated 2026-03-25 and 2026-03-26; the filing does not indicate it was late.
Context
As a >10% owner, Chernett is a significant shareholder; this is insider purchasing by a large holder rather than an executive-specific transaction. No options exercises, awards, gifts, or tax-withholding events are reported here — these were straightforward open-market purchases.