Chernett Jorey 4
4 · Neuronetics, Inc. · Filed Mar 30, 2026
Research Summary
AI-generated summary of this filing
Neuronetics (STIM) 10% Owner Chernett Jorey Buys 385,442 Shares
What Happened
Chernett Jorey, a 10% owner of Neuronetics, purchased 385,442 shares of Neuronetics, Inc. (STIM) in open-market transactions on March 30, 2026. The weighted-average purchase price was $1.25 per share, for an aggregate cost of approximately $481,803. This was a purchase (ownership-increasing) transaction rather than a sale.
Key Details
- Transaction date: 2026-03-30 (filed the same day, Form 4 accession 0000921895-26-000835) — filing appears timely.
- Reported price: $1.25 per share (weighted average). Actual trade prices ranged from $1.23 to $1.26 per share.
- Shares acquired: 385,442; total value ≈ $481,803.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 notes the $1.25 is a weighted average of multiple trades ($1.23–$1.26) and the reporting person will provide details on request. F2 corrects a clerical error in a previously filed Form 4 (under-reporting of beneficial ownership by 270 shares).
- Transaction type: P = Purchase (open market/private purchase).
Context
Purchases by significant holders (here a 10% owner) increase insider ownership and are often watched by retail investors as a positive signal, though filings do not state motive. This was not an option exercise, award, gift, or tax-related withholding — just an outright purchase. The filing corrected a small prior reporting error but otherwise shows a same-day-filed purchase.
Insider Transaction Report
- Purchase
Common Stock
[F1][F2]2026-03-30$1.25/sh+385,442$481,803→ 9,778,988 total
Footnotes (2)
- [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 $1.23 to $1.26, 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.
- [F2]This amount corrects a clerical error in the Reporting Person's Form 4 previously filed on March 30, 2026, in which the number of shares beneficially owned by the Reporting Person was under-reported by 270 shares.