Chernett Jorey 4
Research Summary
AI-generated summary
Neuronetics (STIM) 10% Owner Chernett Jorey Buys 100,000 Shares
What Happened
- Chernett Jorey, reported as a 10% owner of Neuronetics, Inc. (STIM), acquired 100,000 shares on May 19, 2026. The transaction is coded as a purchase (P) and was reported at $1.17 per share, for a total value of $117,000. This was a buy (acquisition), which some investors view as a more informative signal than routine sales.
Key Details
- Transaction date: 2026-05-19; filing date: 2026-05-20 (timely filed)
- Price: $1.17 per share
- Shares acquired: 100,000; total consideration: $117,000
- Transaction code: P (purchase — open market or private purchase)
- Shares owned after transaction: not specified in the provided Form 4 excerpt
- No 10b5-1 plan, tax withholding, gift, or option-exercise footnotes disclosed in the provided data
Context
- As a reported 10% owner, Chernett Jorey is a significant shareholder subject to Section 16 reporting rules; this purchase reflects direct added exposure rather than, for example, an executive option exercise. The filing shows a straightforward acquisition; it does not explain motivation, which can range from portfolio accumulation to other non-public factors.