Short answer
Neuronetics, Inc. (STIM) filed an 8-K current report with the SEC on July 20, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers), Item 7.01 (Regulation FD Disclosure), Item EX-99.1 (Exhibit EX-99.1). CFO W. Andrew Macan departs August 15, 2026, with $231,750 retention bonus, 164,361 RSUs, and $475,087.50 separation payment.
Neuronetics, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- CFO W. Andrew Macan departs August 15, 2026, with $231,750 retention bonus, 164,361 RSUs, and $475,087.50 separation payment
- Company stated Macan’s departure reflects no dispute with management, the Board, or Company policies
- Nir Naor appointed CFO and Treasurer effective on or about July 23, 2026, bringing over 20 years of finance and life sciences experience
- Naor’s package includes $480,000 base salary, 50% target bonus, and 500,000 RSUs vesting over four years
- Without-cause termination or good-reason resignation triggers 12 months’ salary, prorated target bonus, and continued health coverage
Item 7.01 · Regulation FD Disclosure
- CFO and Treasurer Naor appointed, establishing new finance leadership
- Cory Anderson promoted to Executive Vice President and General Manager of Greenbrook
- Macan’s departure creates a senior-management transition relevant to execution and continuity
- Press release furnished as Exhibit 99.1 for appointment details and transition rationale
Item EX-99.1 · Exhibit EX-99.1
- Nir Naor appointed CFO effective July 23, 2026, adding more than 20 years of finance and life sciences experience
- Naor receives 500,000 restricted stock units, vesting in equal installments over four years
- Management focus shifts toward balance-sheet strengthening, operating leverage, and durable margins
- Cory Anderson promoted to EVP and General Manager, Greenbrook, effective July 1, 2026
- Chief Legal Officer Andrew Macan stepping down August 15, 2026, creating near-term legal leadership transition risk
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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