Form 4: Inari Medical's Chief Medical Officer Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Thomas Tu, Chief Medical Officer of Inari Medical, reports disposing of shares to cover tax obligations related to vesting restricted share units.
Summary
- On January 1, 2025, Thomas Tu, the Chief Medical Officer of Inari Medical, Inc., disposed of common stock to cover tax obligations.
- These disposals were related to the vesting of restricted share units awarded in 2021, 2022, 2023 and 2024.
- The transactions involved the disposal of 337, 699, 751 and 516 shares respectively, all at a price of $51.05.
- Following these transactions, Tu's direct ownership of Inari Medical common stock is 301,733 shares.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing simply reports stock disposals for tax obligations, a routine transaction.
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 disposal of shares to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 01/01/2025 | Date of stock disposal transactions to cover tax obligations. |
| 01/03/2025 | Date of signature for the Form 4 filing. |
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