MACAN WILLIAM ANDREW 4

What Happened

• William Andrew Macan, Executive Vice President, Chief Legal Officer and Corporate Secretary of Neuronetics, sold 609 shares on 2026-03-04. The filing reports a weighted-average sale price of $1.34 per share for a total of approximately $816.
• The sale was non-discretionary and was executed to satisfy the reporting person’s tax withholding obligation upon vesting of a portion of a restricted stock unit award (footnote F1). The filing notes the shares were sold in multiple transactions at per-share prices ranging from $1.39 to $1.28 (footnote F2).

Key Details

• Transaction date: 2026-03-04 (reported on Form 4 filed 2026-03-06).
• Type: Sale (code S); reported as open-market/private sale.
• Shares sold: 609; weighted-average price: $1.34; total value ≈ $816.
• Price range across multiple trades: $1.28 – $1.39 (reporting person can provide per‑price breakdown on request, per F2).
• Reason noted: Tax withholding on vested restricted stock units (F1).
• Shares owned after transaction: Not specified in the provided filing.
• Timeliness: Filing appears timely (transaction 2026-03-04; Form 4 filed 2026-03-06).

Context

• Tax-withholding sales upon RSU vesting are routine and do not necessarily signal an executive’s view on company prospects.
• The transaction amount is small (~$816), so it’s unlikely to materially reflect insider sentiment about Neuronetics.