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 May 2, 2024, Thomas Higgins, the CFO of NeuroMetrix, Inc., reported transactions involving the company's common stock.
- These transactions included the vesting of 498 restricted stock units at a price of $4.47 per share.
- Additionally, 84 shares were withheld to cover withholding taxes, also at $4.47 per share.
- Following these transactions, Higgins directly owns 8,862 shares of NeuroMetrix common stock and 1,991 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, and does not contain any information that would significantly impact sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 05/24/2022 | Reporting person was granted 47,794 restricted stock units prior to the reverse stock split. |
| 08/02/2022 | Restricted stock units vest in equal quarterly installments over three years beginning on this date. |
| 11/21/2023 | Reverse stock split of the Issuer's common stock at a ratio 1-for-8, effective as of this date. |
| 05/02/2024 | Date of stock transactions: vesting of restricted stock units and tax withholding. |
| 05/07/2024 | Date of Form 4 filing. |
Keywords
NeuroMetrix, NURO, Thomas Higgins, CFO, Form 4, Restricted Stock Units, Vesting, Stock Transactions, Beneficial Ownership
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