Form 4: Inari Medical CFO Mitch Hill Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Mitch C. Hill, CFO of Inari Medical, Inc., reports the disposal of common stock to cover tax obligations related to vesting restricted share units.
Summary
- On April 1, 2024, Mitch C. Hill, the Chief Financial Officer of Inari Medical, Inc., disposed of shares of common stock to satisfy tax obligations.
- The disposals were related to the vesting of restricted share units awarded in 2021, 2022, 2023 and 2024.
- A total of 2,067 shares were disposed of across four transactions to cover these tax obligations.
- Following these transactions, Hill directly owns 181,294 shares of Inari Medical common stock and indirectly owns 1,600 shares through a spouse.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to routine stock disposals for tax purposes.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of stock disposal transactions |
| 04/03/2024 | Date of Form 4 filing |
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