Pfanstiel Steven 4

What Happened
Steven Pfanstiel, Executive Vice President, Chief Financial Officer and Treasurer of Neuronetics, sold 16,431 shares of Neuronetics common stock on March 19, 2026. The weighted average sale price was $1.34 per share for total proceeds of roughly $22,018. This was a sale (not a purchase) and was reported on a Form 4 filed March 24, 2026.

Key Details

• Transaction date: 2026-03-19; Form 4 filed: 2026-03-24.
• Shares sold: 16,431; weighted average price: $1.34; total proceeds: ~$22,018.
• Reported price range: $1.48 to $1.20 per share (sales occurred in multiple transactions). The filer can provide a breakdown of shares sold at each price on request (see footnote).
• Footnote F1: These were non‑discretionary sales executed to satisfy the reporting person’s tax withholding obligation upon vesting of performance restricted stock units (RSUs).
• Footnote F2: Price shown is a weighted average; per‑share prices ranged $1.48–$1.20 and the filer offers to provide per‑price details if requested.
• Shares owned after the transaction: not specified in the information provided.

Context
This sale was done to cover tax withholding related to vested performance RSUs, a common and routine reason for insider sales (not necessarily a signal about the company’s prospects). Sales to cover taxes are typically viewed as administrative rather than market-timing trades. Purchases by insiders are generally more informative about insider conviction than routine withholding sales.