---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-080551"
form_type: "8-K"
ticker: "STIM"
cik: "0001227636"
company_name: "Neuronetics, Inc."
filed_at: "2024-03-28T23:59:59+00:00"
generated_at: "2026-06-04T05:48:40.146166+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Neuronetics reduces board to five directors; three incumbents depart

## Summary
- Board size cut from 8 to 5 effective after 2024 annual meeting.
- Directors Bakewell, Capper, and Jaeger will not stand for reelection.
- Decision based on analysis of similar companies and stockholder feedback.
- Departures not due to any disagreement with company operations or policies.
- Their board and committee service ends at the conclusion of the 2024 annual meeting.

## SEC filing metadata
- accession: 0001193125-24-080551
- form_type: 8-K
- ticker: STIM
- cik: 0001227636
- company_name: Neuronetics, Inc.
- filed_at: 2024-03-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1227636/000119312524080551/0001193125-24-080551-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1227636/000119312524080551/d806400d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-080551
- JSON: https://secwatch.observer/filing/0001193125-24-080551.json
- Plain text: https://secwatch.observer/filing/0001193125-24-080551.txt

## Key facts
- Executive change
  Wilfred E. Jaeger departed as Director at Neuronetics, Inc..
  - Action: will not stand for reelection
  - Role: Director
  source text: Messrs. John K. Bakewell and Joseph H. Capper and Dr. Wilfred E. Jaeger advised the Company that they would not stand for reelection to the Board at the 2024 Annual Meeting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1227636/000119312524080551/0001193125-24-080551-index.htm
- Executive change
  John K. Bakewell departed as Director at Neuronetics, Inc..
  - Action: will not stand for reelection
  - Role: Director
  source text: Messrs. John K. Bakewell and Joseph H. Capper and Dr. Wilfred E. Jaeger advised the Company that they would not stand for reelection to the Board at the 2024 Annual Meeting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1227636/000119312524080551/0001193125-24-080551-index.htm
- Executive change
  Joseph H. Capper departed as Director at Neuronetics, Inc..
  - Action: will not stand for reelection
  - Role: Director
  source text: Messrs. John K. Bakewell and Joseph H. Capper and Dr. Wilfred E. Jaeger advised the Company that they would not stand for reelection to the Board at the 2024 Annual Meeting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1227636/000119312524080551/0001193125-24-080551-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.