Neuronetics Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
Key Highlights
- ➤Neuronetics granted inducement awards to fourteen non-executive employees
- ➤All awards vest in equal installments over three or four years
- ➤Allison Manzer received 44,250 inducement-plan RSUs
- ➤Erin DiMarco received 23,250 inducement-plan RSUs
MALVERN, Pa., Nov. 04, 2026 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a leader in interventional mental health and provider of NeuroStar(® )TMS technology and direct patient care through the Greenbrook network of interventional psychiatry clinics, today announced the granting of inducement awards to fourteen non-executive employees as described below. In accordance with NASDAQ Listing Rule 5635(c)(4), these awards were approved by Neuronetics’ Compensation Committee and made as a material inducement to their respective employment with the Company. In all cases, vesting is subject to the recipient’s continued service with the Company through the applicable vesting date, and the awards are subject to the terms of the Company’s 2020 Inducement Incentive Plan.
Chad McCatherin9,0001/3 on first anniversary of grant date; 1/3 on second anniversary of grant date; 1/3 on third anniversary of grant date, subject in each case to the recipient’s continued employment by the Company through the applicable vesting date.
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