Form 4: NeuroMetrix CFO Thomas Higgins Reports Stock Transactions
SEC Form 4 Filing
Thomas Higgins, CFO of NeuroMetrix, Inc., reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On August 2, 2024, Thomas Higgins, the Senior Vice President and CFO of NeuroMetrix, Inc., engaged in transactions involving the company's common stock.
- Higgins acquired 498 shares of common stock upon the vesting of restricted stock units at a price of $3.46 per share.
- Simultaneously, 46 shares were withheld to cover withholding taxes, also at $3.46 per share.
- Following these transactions, Higgins directly owns 9,744 shares of NeuroMetrix common stock and 1,493 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their alignment with shareholder interests.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine vesting of stock units.
Key Dates
| Date | Description |
|---|---|
| May 24, 2022 | Reporting person was granted 47,794 restricted stock units prior to the reverse stock split. |
| August 2, 2022 | Vesting of restricted stock units began in equal quarterly installments over three years. |
| November 21, 2023 | Effective date of the 1-for-8 reverse stock split. |
| August 2, 2024 | Transaction date: vesting of restricted stock units and tax withholding. |
| September 26, 2024 | Date of signature for the Form 4 filing. |
Keywords
NeuroMetrix, NURO, Thomas Higgins, CFO, Form 4, Stock, Restricted Stock Units, Vesting, Beneficial Ownership, Securities
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