Form 4: Nevro Corp CEO Kevin Thornal Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Nevro Corp's CEO, Kevin Thornal, disposed of 27,029 shares of common stock on March 7, 2025, to satisfy tax withholding obligations related to restricted stock units.
Summary
- On March 7, 2025, Kevin R Thornal, the President and CEO of Nevro Corp, disposed of 27,029 shares of common stock.
- The transaction was executed to cover tax obligations.
- The price per share was $5.77.
- Following the transaction, Thornal directly owns 216,133 shares of Nevro Corp common stock, including 156,897 restricted stock units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction is a routine disposal of shares to cover tax obligations, which is a common practice.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like the CEO, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of transaction: Kevin Thornal disposed of shares. |
| 03/11/2025 | Date of signature on the Form 4 filing. |
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