Sullivan Keith J 4

What Happened

• Keith J. Sullivan, a former officer and director of Neuronetics, sold 46,289 shares on 2026-03-19 in open-market/private sales. The weighted-average price was $1.34 per share, resulting in gross proceeds of approximately $62,027. The filing reports these sales were to satisfy tax withholding on vested performance restricted stock units.

Key Details

• Transaction date: 2026-03-19; Form 4 filed: 2026-03-24 (filed 5 days after the transaction).
• Shares sold: 46,289; weighted-average price: $1.34; total proceeds: ~$62,027.
• Reported price range: $1.48 to $1.20 per share (sales occurred in multiple transactions).
• Reason: Non-discretionary sales to satisfy tax withholding upon vesting of performance RSUs (Footnote F1).
• Footnote F2: Holder can provide breakdown of shares sold at each price within the stated range upon request.
• Shares owned after the transaction: not reported in the supplied filing details.

Context

• These sales were tax-withholding related (routine disposition tied to vesting), not a discretionary open-market sell decision; such transactions typically reflect administrative needs rather than a direct signal about the insider’s view of the stock.