Chernett Jorey 4

What Happened Jorey Chernett, a reported 10% owner of Neuronetics, purchased 169,472 shares of Neuronetics, Inc. (STIM) in open-market transactions on 2026-03-20. The filing reports a weighted average price of $1.41 per share, for a total reported cost of $238,956. This was a purchase (code P), which is generally viewed as a bullish insider action relative to a sale.

Key Details

• Transaction date: 2026-03-20; Form 4 filed: 2026-03-23 (timely filed).
• Price: weighted average $1.41; prices ranged from $1.36 to $1.44 across multiple trades (see footnote F1).
• Shares acquired: 169,472; total reported value: $238,956.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Transaction code: P (Purchase).
• Footnote F1: the reported $1.41 is a weighted average rounded to the nearest cent; Mr. Chernett can provide a breakdown of number of shares bought at each price on request to the issuer, shareholders, or SEC staff.

Context As a 10% owner (not an executive title), Chernett’s purchase represents a material insider stake change and may be more informative than routine executive filings. Purchases indicate accumulation but do not prove future company performance—investors should consider this alongside company fundamentals and other filings.