Neuronetics (STIM) CEO awarded 1,500,000 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
REUVERS DANIEL L. reported acquisition or exercise transactions in this Form 4 filing.
Neuronetics, Inc. President and CEO Daniel L. Reuvers reported an equity compensation award of 1,500,000 shares of common stock on March 23, 2026, coded as a grant. The award is structured as restricted stock units that vest in three equal annual installments beginning on March 23, 2027, subject to his continuous service. Each RSU gives a contingent right to receive one share of common stock, and following this award he reports 1,500,000 shares/units held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
REUVERS DANIEL L.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,500,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,500,000 shares (Direct)
Footnotes (1)
- Represents a restricted stock unit ("RSU") award that vests in three equal annual installments beginning on March 23, 2027, in each case subject to continuous service of the Reporting Person through such date. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
FAQ
What insider transaction did Neuronetics (STIM) disclose for its CEO?
Neuronetics disclosed that President and CEO Daniel L. Reuvers received a grant of 1,500,000 shares on March 23, 2026. The award is reported as a restricted stock unit grant under Form 4, rather than an open-market stock purchase or sale.
How many RSUs did the Neuronetics (STIM) CEO receive and when do they vest?
The CEO received 1,500,000 restricted stock units that vest in three equal annual installments. Vesting begins on March 23, 2027, with additional installments each year thereafter, and remains conditioned on his continuous service with Neuronetics through each vesting date.
Is the Neuronetics (STIM) CEO’s Form 4 a stock purchase or a compensation grant?
The Form 4 reflects a compensation grant, not an open-market purchase. The 1,500,000 units are reported with transaction code “A” for a grant or award, at a price per share of 0.0000, indicating an equity award rather than a cash-funded transaction.
What does each RSU in the Neuronetics (STIM) CEO’s grant represent?
Each restricted stock unit represents a contingent right to receive one share of Neuronetics common stock. Delivery of the underlying shares depends on the RSUs vesting as scheduled and Daniel L. Reuvers continuing his service with the company through each vesting date.
What are Daniel L. Reuvers’ reported holdings after this Neuronetics (STIM) grant?
After the reported grant, Daniel L. Reuvers shows 1,500,000 shares or units of Neuronetics common stock as directly held. This figure comes from the Form 4 field indicating total shares following the transaction for the reported non-derivative equity award.