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 transactions.
Summary
- On July 1, 2024, Thomas Higgins, the Senior Vice President and CFO of NeuroMetrix, Inc., reported transactions involving common stock and restricted stock units.
- Higgins acquired 469 shares of common stock upon the vesting of restricted stock units at a price of $3.64 per share.
- 39 shares were withheld for payment of withholding taxes.
- Following these transactions, Higgins directly owns 9,292 shares of common stock and 4,218 restricted stock units.
- The restricted stock units were granted on November 22, 2023, and vest in equal quarterly installments over three years, starting January 1, 2024.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine vesting of previously granted equity.
Key Dates
| Date | Description |
|---|---|
| 11/22/2023 | Reporting person was granted 5,625 restricted stock units |
| 01/01/2024 | Restricted stock units vest in equal quarterly installments over three years beginning on this date |
| 07/01/2024 | Date of transaction: vesting of restricted stock units and withholding of shares for taxes |
| 09/26/2024 | Date of report |
Keywords
Form 4, NeuroMetrix, NURO, Thomas Higgins, CFO, Stock, Restricted Stock Units, Vesting, Beneficial Ownership, SEC
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