Form 4: Neuronetics EVP, CFO and Treasurer Stephen Furlong Sells Shares to Cover Tax Obligations

Stephen Furlong, EVP, CFO and Treasurer of Neuronetics, Inc., sold 1,867 shares of common stock on March 4, 2025, to satisfy tax withholding obligations.

Summary

• On March 4, 2025, Stephen Furlong, the EVP, CFO, and Treasurer of Neuronetics, Inc., sold 1,867 shares of the company's common stock.
• The sale was executed to cover the reporting person's tax withholding obligations related to the vesting of a portion of a restricted stock unit award.
• The shares were sold at a weighted average price of $4.48, with individual transactions ranging from $4.72 to $4.32 per share.
• Following the transaction, Furlong still beneficially owns 610,053 shares of Neuronetics common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock sale for tax purposes. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This sale appears to be related to tax obligations, which is a common reason for such transactions.

Stakeholder Impact

• The sale of shares by an executive could have a minor negative impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates