Neuronetics, Inc.·4

Mar 24, 5:48 PM ET

MACAN WILLIAM ANDREW 4

Research Summary

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Updated

Neuronetics (STIM) EVP/CLO William Macan Sells 16,005 Shares

What Happened

  • William Macan, EVP, Chief Legal Officer and Corporate Secretary of Neuronetics, sold 16,005 shares on March 19, 2026. The weighted-average sale price reported was $1.34 per share for total proceeds of approximately $21,447. The filing identifies the sales as non‑discretionary transactions to satisfy tax withholding upon vesting of a portion of a performance restricted stock unit award.

Key Details

  • Transaction date: 2026-03-19; filing date (Form 4): 2026-03-24 (appears to be filed one business day late).
  • Reported price: weighted average $1.34; per-share prices in the sales ranged from $1.48 to $1.20 (multiple transactions).
  • Shares sold: 16,005; total proceeds ≈ $21,447.
  • Footnote: F1 states sales were to satisfy tax withholding on PRSU vesting; F2 notes the weighted-average price and offers to provide a breakdown of shares sold at each price on request.
  • Shares owned after the transaction were not included in the provided excerpt.

Context

  • This sale appears to be a routine, non‑discretionary tax‑withholding disposition tied to equity vesting rather than an outright investment decision. Such withholding sales are common and do not necessarily signal insider sentiment about the company's prospects.