Chernett Jorey 4

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.