Sullivan Keith J 4
Research Summary
AI-generated summary
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.