[Form 4] Neuronetics, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Neuronetics, Inc. major shareholder Jorey Chernett reported an open-market purchase of 500,000 shares of Common Stock at a weighted average price of $1.35 per share. The shares were bought in multiple trades between $1.28 and $1.41. Following this transaction, Chernett directly holds 9,393,276 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 500,000 shares ($675,000)
Net Buy
1 txn
Insider
Chernett Jorey
Role
10% Owner
Bought
500,000 shs ($675K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 500,000 | $1.35 | $675K |
Holdings After Transaction:
Common Stock — 9,393,276 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 500,000 shares
Weighted average price: $1.35 per share
Purchase price range: $1.28–$1.41 per share
+2 more
5 metrics
Shares purchased
500,000 shares
Open-market purchase of Neuronetics Common Stock
Weighted average price
$1.35 per share
Average purchase price across multiple trades
Purchase price range
$1.28–$1.41 per share
Range of prices for the 500,000 purchased shares
Shares held after transaction
9,393,276 shares
Direct ownership by Jorey Chernett after the purchase
Net buy shares
500,000 shares
Net change in position from this Form 4
Key Terms
open-market purchase, weighted average price, ten percent owner, Form 4
4 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
ten percent owner regulatory
""is_ten_percent_owner": 1"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.