Chernett Jorey 4

What Happened Chernett Jorey, reported as a 10% owner of Neuronetics, Inc. (STIM), acquired 475,000 shares in open-market purchases on 2026-05-12. The filing reports a weighted average price of $1.34 per share, for a total reported outlay of $636,500. This transaction is a purchase (Form 4 code P), i.e., an outright acquisition of common stock.

Key Details

• Transaction date: 2026-05-12; Form 4 filed: 2026-05-13 (appears timely).
• Reported price: weighted average $1.34 per share (total $636,500).
• Price range: purchases occurred at prices ranging from $1.27 to $1.36 per share (footnote); weighted average rounded to nearest cent.
• Shares owned after the transaction: not specified in the information provided in this summary.
• Insider status: 10% owner (large-holder reporting), not labeled here as an executive; different regulatory considerations than routine executive trades.

Context This was a direct open-market purchase rather than an option exercise, award, or gift. Purchases by significant holders can attract attention from investors because they represent a direct capital commitment, but the filing itself does not state the insider’s motive. The footnote indicates multiple separate purchase trades at varying prices; the filer offers to provide a breakdown of the quantities at each price upon request.