Sullivan Keith J 4

What Happened
Keith J. Sullivan, President, CEO and a director of Neuronetics, sold 40,976 shares in an open-market/private sale on February 10, 2026. The sales generated approximately $63,513 at a weighted average price of $1.55 per share. This was a sale (not a purchase) and is described in the filing as a non‑discretionary transaction to satisfy tax withholding obligations related to the vesting of restricted stock units.

Key Details

• Transaction date: 2026-02-10 (Form 4 filed 2026-02-12). No late filing is indicated in the provided information.
• Transaction type: Sale (code S); total shares sold: 40,976; weighted average price: $1.55; total proceeds ≈ $63,513.
• Price range: shares sold across prices from $1.45 to $1.60 (F2); weighted average reported (F2).
• Reason/footnote: Sale was non‑discretionary to satisfy the reporting person’s tax withholding upon RSU vesting (F1).
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context
This was a routine, tax‑related disposition of vested restricted stock units rather than an opportunistic market purchase or a sign of planned, ongoing sales. Such withholding sales are common for executives when equity awards vest; they reflect tax obligations rather than an explicit view on company prospects. If you want the exact post‑transaction ownership or a breakdown of how many shares sold at each price within the $1.45–$1.60 range, I can pull that detail from the full Form 4 upon request.