MACAN WILLIAM ANDREW 4

What Happened William Andrew Macan, EVP, Chief Legal Officer and CS of Neuronetics (STIM), sold 14,120 shares in an open-market transaction on February 12, 2026. The reported weighted-average price was $1.65 per share, for total proceeds of $23,298. The sale was a disposition (code S) and was done to satisfy tax withholding obligations tied to the vesting of restricted stock units.

Key Details

• Transaction date: 2026-02-12
• Shares sold: 14,120; weighted-average price: $1.65; price range reported: $1.56–$1.72 (sold in multiple transactions)
• Total reported proceeds: $23,298
• Footnote F1: Sale was non‑discretionary to cover tax withholding on RSU vesting
• Footnote F2: Price is a weighted average; seller can provide per‑trade breakdown on request
• Shares owned after transaction: not specified in the supplied filing summary
• Filing timing: Report filed 2026-02-18 (six days after the transaction date), which is later than the typical two-business-day Form 4 filing window

Context This was a routine tax-withholding sale tied to vested restricted stock units, not a discretionary market-timing sale; such transactions are common and do not by themselves indicate a change in the insider's view of the company. The sale occurred in multiple trades across a small price range; the filer offers to provide the exact per-trade prices on request.