Neuronetics (STIM) 10% owner Jorey Chernett buys 150,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Neuronetics, Inc. 10% owner Jorey Chernett reported open-market purchases of a total of 150,000 shares of common stock. The buys occurred on March 25 and March 26 at reported prices of $1.40 and $1.44 per share, respectively. After these transactions, Chernett directly owns 8,893,276 Neuronetics shares. A footnote explains that one purchase reflects a weighted-average price for multiple trades executed between $1.38 and $1.42 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 150,000 shares ($211,000)
Net Buy
2 txns
Insider
Chernett Jorey
Role
10% Owner
Bought
150,000 shs ($211K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 25,000 | $1.44 | $36K |
| Purchase | Common Stock | 125,000 | $1.40 | $175K |
Holdings After Transaction:
Common Stock — 8,893,276 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Jorey Chernett report for Neuronetics (STIM)?
Jorey Chernett reported buying 150,000 Neuronetics common shares in the open market. The purchases took place over two days and reflect a net increase in his direct ownership position in the company’s stock.
What prices did Jorey Chernett pay for Neuronetics (STIM) stock?
The reported transaction prices were $1.40 and $1.44 per share. A footnote adds that one day’s purchase reflects a weighted-average price for trades executed between $1.38 and $1.42 per share, rounded to the nearest cent.