Form 4: Inari Medical Director William Hoffman Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director William Hoffman reports disposition of Inari Medical common stock to cover tax obligations related to vesting restricted share units.
Summary
- On October 1, 2024, William Hoffman, a director of Inari Medical, Inc., disposed of shares of common stock to satisfy tax obligations related to the vesting of restricted share units.
- 678 shares were disposed of at a price of $40.63 to cover tax obligations from restricted share units awarded in 2021.
- An additional 1,385 shares were disposed of at the same price to cover tax obligations from restricted share units awarded in 2022.
- Following these transactions, Hoffman directly owns 641,233 shares of Inari Medical common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes; it doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to tax obligations and do not represent a significant change in ownership.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction: Disposition of shares to cover tax obligations. |
| 10/03/2024 | Date of signature by attorney-in-fact. |
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