Form 4: Inari Medical CFO Mitch Hill Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Mitch C. Hill, CFO of Inari Medical, reports the disposal of common stock to cover tax obligations related to vesting restricted share units.
Summary
- On July 1, 2024, Mitch C. Hill, the Chief Financial Officer of Inari Medical, Inc., disposed of shares of common stock to satisfy tax obligations related to the vesting of restricted share units.
- The transactions involved the disposal of 331, 616, 662, and 458 shares at a price of $50.19 per share.
- These disposals were related to restricted share units awarded in 2021, 2022, 2023 and 2024 respectively.
- Following these transactions, Hill directly owns 179,227 shares of Inari Medical common stock and indirectly owns 1,600 shares through his spouse.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates the CFO's transactions related to vested stock awards.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transactions involving the disposal of common stock. |
| 07/03/2024 | Date of signature for the Form 4 filing. |
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