Get notified when STIM files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsRed Flags Detected
- Departure Of Ceo (new) — President and CEO retired from the Company effective April 1, 2026, creating leadership transition at highest executive level.
- Departure Of Cfo (new) — Chief Financial Officer departing after less than one year in role (hired July 2025, resigning May 2026), which may signal instability in financial leadership despite no-dispute disclosure.
Neuronetics CEO and CFO both depart as company cuts 5% of workforce to save $2.5M-$3M annually
Filed April 6, 2026 · Period ending March 31, 2026 · ~1 min read
Key Changes
-
high
CEO Keith Sullivan retired April 1, 2026, transitioning to unpaid consultant through March 2027 while continuing to vest existing equity awards. CFO Steven Pfanstiel resigned effective May 1, 2026, after less than 10 months in role.
Items 5.02 & 7.01 verify on EDGAR → -
high
Company initiated workforce reduction affecting up to 5% of employees, expecting $0.2M in Q2 2026 restructuring charges but generating $2.5M-$3M in annualized savings starting Q3 2026.
Item 2.05 verify on EDGAR → -
medium
Management reaffirmed FY2026 financial guidance originally provided March 17, 2026, despite dual C-suite departures and restructuring actions.
Item 7.01 verify on EDGAR →
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
Want to see a complete report first? Today's free report (PXED 10-Q) is open in full — no account needed.
Partner
Trade STIM commission-free
Open an account, get a free stock.
Investing involves risk. Free stock terms apply.
Thanks — your feedback helps us improve report quality.
Source-verified from EDGAR · Narrative written by AI · Jun 3, 2026 · How we verify