Chernett Jorey 4
4 · Neuronetics, Inc. · Filed Mar 30, 2026
Research Summary
AI-generated summary of this filing
Neuronetics (STIM) 10% Owner Jorey Chernett Buys 500,000 Shares
What Happened
Jorey Chernett, reported as a 10% owner of Neuronetics, Inc. (STIM), purchased 500,000 shares on 2026-03-27. The Form 4 reports a weighted-average price of $1.35 per share, for a total transaction value of approximately $675,000. The transaction is reported as a purchase (code P), which is generally viewed as a bullish signal compared with a sale.
Key Details
- Transaction date: 2026-03-27; Form 4 filed: 2026-03-30 (timely filing).
- Reported price: weighted average $1.35 per share; total ~ $675,000.
- Price range (per footnote): individual trades were at $1.28–$1.41; the $1.35 is a rounded weighted average.
- Shares owned after the transaction: not disclosed in the supplied filing.
- Footnote F1: Chernett will provide details on the number of shares purchased at each separate price upon request.
- Transaction type: P = purchase (open market or private purchase).
Context
As a 10% owner, Chernett is a large shareholder rather than necessarily an executive — purchases by significant owners can signal conviction but do not by themselves explain the motive. The filing shows multiple purchases aggregated to a weighted price; there is no indication of option exercises, awards, gifts, or tax-withholding in this report.
Insider Transaction Report
- Purchase
Common Stock
[F1]2026-03-27$1.35/sh+500,000$675,000→ 9,393,276 total
Footnotes (1)
- [F1]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 $1.28 to $1.41, 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.