{"id":872155,"date":"2025-08-06T19:00:06","date_gmt":"2025-08-06T23:00:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/neuronetics-reports-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/"},"modified":"2025-08-06T19:00:06","modified_gmt":"2025-08-06T23:00:06","slug":"neuronetics-reports-inducement-grant-under-nasdaq-listing-rule-5635c4-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/neuronetics-reports-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/","title":{"rendered":"Neuronetics Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">MALVERN, Pa., Aug.  06, 2025  (GLOBE NEWSWIRE) &#8212; Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing, and marketing products that improve the quality of life for patients who suffer from neurohealth disorders, today announced the granting of inducement awards to six new employees as described below. In accordance with NASDAQ Listing Rule 5635(c)(4), these awards were approved by Neuronetics\u2019 Compensation Committee and made as a material inducement to their respective employment with the Company. In all cases, vesting is subject to the recipient\u2019s continued service with the Company through the applicable vesting date, and the awards are subject to the terms of the Company\u2019s 2020 Inducement Incentive Plan.<\/p>\n<p>\n        <strong>Restricted stock units (\u201cRSUs\u201d)\u00a0<\/strong>\n      <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:15%;width:15%;min-width:15%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">Name\u00a0<\/td>\n<td style=\"max-width:15%;width:15%;min-width:15%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">Number of Inducement Plan RSUs\u00a0<\/td>\n<td style=\"max-width:70%;width:70%;min-width:70%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">Vesting Schedule\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">Tyler Vandermeer\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">1,200<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">1\/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\u2019s continued employment by the Company through the applicable vesting date.<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">Nisha Sikarwar \u00a0<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">1,500<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">1\/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\u2019s continued employment by the Company through the applicable vesting date.<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">Geoff Davidson\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">4,500<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">1\/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\u2019s continued employment by the Company through the applicable vesting date.<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">Jeff Gaskill\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">4,500<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">1\/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\u2019s continued employment by the Company through the applicable vesting date.<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">Lola Judek\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">1,200<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">1\/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\u2019s continued employment by the Company through the applicable vesting date.<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">Jay Zubrey<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">11,250<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">1\/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\u2019s continued employment by the Company through the applicable vesting date.<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">Jay Zubrey<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">7,500<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">1\/3 on second anniversary of grant date; 1\/3 on third anniversary of grant date; 1\/3 on fourth anniversary of grant date, subject in each case to the recipient\u2019s continued employment by the Company through the applicable vesting date.<\/td>\n<\/tr>\n<\/table>\n<p>\n        <strong><br \/>\n          <br \/>About Neuronetics <\/strong><br \/>\n        <br \/>Neuronetics, Inc.\u00a0believes that mental health is as important as physical health. As a global leader in neuroscience,\u00a0Neuronetics\u00a0is delivering more treatment options to patients and physicians by offering exceptional in-office treatments that produce extraordinary results. NeuroStar Advanced Therapy is a non-drug, noninvasive treatment that can improve the quality of life for people suffering from neurohealth conditions when traditional medication has not helped. In addition to selling the NeuroStar Advanced Therapy System and associated treatment sessions to customers, Neuronetics operates Greenbrook TMS Inc.\u00a0(Greenbrook) treatment centers across\u00a0the\u00a0United States, offering NeuroStar Advanced Therapy for the treatment of MDD and other mental health disorders. NeuroStar Advanced Therapy is the leading TMS treatment for MDD in adults, with more than 7.4 million treatments delivered, and is backed by the largest clinical data set of any TMS treatment system for depression, including the world\u2019s largest depression outcomes registry. Greenbrook treatment centers also offer SPRAVATO<sup>\u00ae<\/sup>\u00a0(esketamine) Nasal Spray, a prescription medicine indicated for the treatment of treatment-resistant depression (TRD) in adults as monotherapy or in conjunction with an oral antidepressant. It is also indicated for depressive symptoms in adults with major depressive disorder (MDD) with acute suicidal ideation or behavior in conjunction with an oral antidepressant.<sup>1<\/sup>\u00a0Greenbrook has provided more than 1.8 million treatments to over 55,000 patients struggling with depression.<\/p>\n<p>The NeuroStar Advanced Therapy System is cleared by the\u00a0U.S. Food and Drug Administration for adults with MDD, as an adjunct for adults with obsessive-compulsive disorder, to decrease anxiety symptoms in adult patients with MDD that may exhibit comorbid anxiety symptoms (anxious depression), and as a first line adjunct for the treatment of MDD in adolescent patients aged 15-21. For safety information and indications for use, visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=j7skPYaQ1onmxlqe6ObjHYYfUxlU3W9bgKqPhYYJV14Tw9HQhVcrTxA0h1TcqRvFG1-PZ0KC259aXMhJLlRhwk4qeatdS8Ct3BRT7Fe8qTbv1jsGXuM6ensZGW66wDMKLLg71_TsIsHd2RCdYmBHHbULP4xBTtuz4FZg13_3n_Y3moqrwGvwGI2zSXv48HxPENdPS-y7GPwwrdXvEX1aJzPkF3n2xLuaR7M1cxIoFj8=\" rel=\"nofollow\" target=\"_blank\"><strong>NeuroStar.com<\/strong><\/a>.<\/p>\n<p>Neuronetics Contact:<br \/>Investors:<br \/>Mike Vallie or Mark Klausner<br \/>ICR Healthcare<br \/>443-213-0499<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=kVgKpaqju-CuOHT_a43kR-JVqh6_ldLIrVBCl8T6vudiWjHH1449OtS18IEQVHUc5k9g4kzwFmcv_oJZqeYDaDK19C43lOCr5s06N71qD2M=\" rel=\"nofollow\" target=\"_blank\"><strong>ir@neuronetics.com<\/strong><\/a><br \/>Media:<br \/>EvolveMKD<br \/>646-517-4220<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=j7skPYaQ1onmxlqe6ObjHVEVb6y1MP_WhgHNnaQc-VAiSQ-21umJnrbQUtrTQUI1ohw0it05IY_DN0Vx6et9jTidy1LK8I5TrSbsbHMNAbM=\" rel=\"nofollow\" target=\"_blank\"><strong>NeuroStar@evolvemkd.com<\/strong><\/a><\/p>\n<p>____________________________<br \/><sup>1<\/sup>\u00a0The effectiveness of SPRAVATO<sup>\u00ae<\/sup>\u00a0in preventing suicide or in reducing suicidal ideation or behavior has not been demonstrated. Use of SPRAVATO<sup>\u00ae<\/sup>\u00a0does not preclude the need for hospitalization if clinically warranted, even if patients experience improvement after an initial dose of SPRAVATO<sup>\u00ae<\/sup>. For more important safety information about SPRAVATO<sup>\u00ae<\/sup>, please visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9cN2quw70JHn0gZWW8ApYVXT0nuosFwQHFVEuIaqeJmz61mSVxQze6apsX2tAJplTo_kn8x2l1K2PoT0ECT9kWJsBMec5uLSWhMy5A2uyBY=\" rel=\"nofollow\" target=\"_blank\"><strong>spravatohcp.com<\/strong><\/a>.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTUwNzQyMSM3MDg1NDU0IzIxMTA0NDA=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZGRmMjQ3MmQtOWQ3My00MDYwLWI2NzYtZjViMjg3OGZkMzU2LTExMjIwMTEtMjAyNS0wOC0wNi1lbg==\/tiny\/Neuronetics.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>MALVERN, Pa., Aug. 06, 2025 (GLOBE NEWSWIRE) &#8212; Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing, and marketing products that improve the quality of life for patients who suffer from neurohealth disorders, today announced the granting of inducement awards to six new employees as described below. In accordance with NASDAQ Listing Rule 5635(c)(4), these awards were approved by Neuronetics\u2019 Compensation Committee and made as a material inducement to their respective employment with the Company. In all cases, vesting is subject to the recipient\u2019s continued service with the Company through the applicable vesting date, and the awards are subject to the terms of the Company\u2019s 2020 Inducement Incentive Plan. Restricted stock units (\u201cRSUs\u201d)\u00a0 Name\u00a0 Number &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/neuronetics-reports-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Neuronetics Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-872155","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Neuronetics Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/neuronetics-reports-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Neuronetics Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"MALVERN, Pa., Aug. 06, 2025 (GLOBE NEWSWIRE) &#8212; Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing, and marketing products that improve the quality of life for patients who suffer from neurohealth disorders, today announced the granting of inducement awards to six new employees as described below. In accordance with NASDAQ Listing Rule 5635(c)(4), these awards were approved by Neuronetics\u2019 Compensation Committee and made as a material inducement to their respective employment with the Company. In all cases, vesting is subject to the recipient\u2019s continued service with the Company through the applicable vesting date, and the awards are subject to the terms of the Company\u2019s 2020 Inducement Incentive Plan. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/neuronetics-reports-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/","og_locale":"en_US","og_type":"article","og_title":"Neuronetics Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk","og_description":"MALVERN, Pa., Aug. 06, 2025 (GLOBE NEWSWIRE) &#8212; Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing, and marketing products that improve the quality of life for patients who suffer from neurohealth disorders, today announced the granting of inducement awards to six new employees as described below. In accordance with NASDAQ Listing Rule 5635(c)(4), these awards were approved by Neuronetics\u2019 Compensation Committee and made as a material inducement to their respective employment with the Company. In all cases, vesting is subject to the recipient\u2019s continued service with the Company through the applicable vesting date, and the awards are subject to the terms of the Company\u2019s 2020 Inducement Incentive Plan. 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