Chernett Jorey 4
Research Summary
AI-generated summary
Neuronetics (STIM) 10% Owner Chernett Jorey Buys 531,000 Shares
What Happened
Chernett Jorey, reported as a 10% owner of Neuronetics, Inc. (STIM), purchased 531,000 shares in open-market transactions on March 17, 2026. The filing reports a weighted average price of $1.16 per share, for a total reported purchase value of $615,960. This was a buy (acquisition) rather than a sale.
Key Details
- Transaction date: 2026-03-17 (reported on Form 4 filed 2026-03-18). Transaction code: P (purchase).
- Shares purchased: 531,000; weighted average price reported: $1.16; total reported value: $615,960.
- Price range: purchases occurred in multiple trades at prices ranging from $0.91 to $1.31 per share (weighted average rounded to $1.16). The filer offered to provide a full breakdown of number of shares bought at each price upon request.
- Shares owned after transaction: not specified in the provided filing details.
- Timeliness: filing was submitted the next day (appears timely based on the report and filing dates).
Context
- Purchases by 10% owners can signal that a significant stakeholder is adding to their position, but filings do not state motivations—do not infer intent.
- Multiple-trade purchases reported as a weighted average are common; the footnote clarifies the range and availability of a per-trade breakdown on request.