Form 4: Inari Medical's Chief Medical Officer Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Thomas Tu, Chief Medical Officer of Inari Medical, reports the disposal of common stock to cover tax obligations related to vesting restricted share units.
Summary
- On October 1, 2024, Thomas Tu, the Chief Medical Officer of Inari Medical, Inc., disposed of shares of common stock to satisfy tax obligations.
- These shares were retained by Inari Medical in connection with the vesting of restricted share units awarded in 2021, 2022, 2023 and 2024.
- The transactions involved the disposal of 339, 632, 679 and 470 shares at a price of $40.63 per share.
- Following these transactions, Tu's beneficial ownership of Inari Medical common stock decreased from 310,863 to 308,036 shares.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so it's neutral in sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of the transactions involving the disposal of common stock. |
| 10/03/2024 | Date of signature for the Form 4 filing. |
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