Sullivan Keith J 4
4 · Neuronetics, Inc. · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Neuronetics (STIM) CEO Keith J. Sullivan Sells 33,847 Shares
What Happened
Keith J. Sullivan, President, CEO and a director of Neuronetics, sold 33,847 shares on 2026-02-12 in open-market transactions. The reported weighted-average sale price was $1.65 per share, for total proceeds of about $55,848. These were sales (not purchases), a routine liquidity event rather than a buy indicating bullish conviction.
Key Details
- Transaction date: February 12, 2026. Form 4 filed February 18, 2026. (This filing date is later than the typical 2-business-day Form 4 deadline and thus appears delayed.)
- Shares sold: 33,847; weighted-average price reported $1.65; total proceeds ≈ $55,848.
- Price range: per-share prices across multiple trades ranged from $1.56 to $1.72 (weighted average reported).
- Shares owned after transaction: Not disclosed in the information provided.
- Footnotes: F1 — sales were non-discretionary to satisfy tax withholding on RSU vesting. F2 — weighted-average price; detailed per-price breakdown available upon request.
Context
This was a tax-withholding sale tied to restricted stock units vesting, which is a common administrative transaction and doesn’t necessarily signal the insider’s view of the company’s prospects. Sales to cover taxes (reported with code F in many filings) are generally considered routine. If you want the exact number of shares sold at each price within the $1.56–$1.72 range, the filing notes the insider can provide that breakdown on request.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-02-12$1.65/sh−33,847$55,848→ 1,533,165 total
Footnotes (2)
- [F1]The sales reported in this Form 4 were non-discretionary sales to satisfy the Reporting Person's tax withholding obligation upon vesting of a portion of a restricted stock unit award.
- [F2]The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $1.56 to $1.72. The Reporting Person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.