Chernett Jorey 4
Research Summary
AI-generated summary
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.