Form 4: Inari Medical Director Jonathan Root Reports Stock Transaction
SEC Form 4
Director Jonathan Root of Inari Medical, Inc. reports acquisition of restricted stock units and updates beneficial ownership.
Summary
- On April 24, 2024, Jonathan Root, a director at Inari Medical, Inc., acquired 4,126 shares of common stock in the form of restricted stock units at a price of $42.41 per share.
- These restricted stock units vest in full on the earlier of the day prior to the Issuer's next annual meeting of stockholders or one year from the date of grant.
- Following this transaction, Root's directly owned common stock holdings decreased to 541,149 shares, and his spouse directly owns 335 shares.
- The transaction was reported on April 26, 2024.
Sentiment
Score: 5
Explanation: This is a neutral report of a stock transaction. It doesn't inherently indicate positive or negative sentiment.
Future Outlook
The restricted stock units vest in full on the earlier of the day prior to the Issuer's next annual meeting of stockholders or one year from the date of grant.
Industry Context
This is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency to investors regarding the holdings and transactions of key personnel.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 04/24/2024 | Date of stock transaction (acquisition of restricted stock units). |
| 04/26/2024 | Date of Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.