Sullivan Keith J 4

What Happened

• Keith J. Sullivan, President, CEO and Director of Neuronetics, sold 8,452 shares on Feb 26, 2026. The reported weighted-average price was $1.35 per share, for total proceeds of approximately $11,410. This was a sale (routine cashing of vested equity), not a purchase.

Key Details

• Transaction date: 2026-02-26; Form 4 filed 2026-02-27 (appears timely).
• Price: weighted average $1.35; individual sale prices ranged from $1.38 to $1.31.
• Total shares sold: 8,452; total proceeds ≈ $11,410.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote F1: Sales were non-discretionary to satisfy the reporting person’s tax withholding obligation upon vesting of a portion of a restricted stock unit (RSU) award.
• Footnote F2: The $1.35 figure is a weighted average; the filer will provide per‑trade details on request to the SEC staff, the issuer, or any stockholder.

Context

• This sale was to cover tax withholding on vested RSUs, a routine administrative transaction (often labeled “sell-to-cover”) and not necessarily an indicator of the CEO’s view on the company’s prospects. The small dollar amount ($~11.4k) further suggests a routine withholding sale rather than a substantive portfolio move.