Form 4: Nevro Corp CEO Kevin Thornal Reports Stock Disposal
SEC Form 4 Filing
Kevin Thornal, President & CEO of Nevro Corp, reported the disposal of 6,063 shares of common stock on October 24, 2024.
Summary
- On October 24, 2024, Kevin Thornal, the President & CEO of Nevro Corp, disposed of 6,063 shares of common stock.
- The transaction was executed at a price of $4.85 per share.
- Following the transaction, Thornal directly owns 249,847 shares of Nevro Corp, which includes 218,393 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a stock transaction by an insider. It doesn't inherently convey positive or negative sentiment, but the market may interpret the transaction based on its own analysis.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company 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.
Stakeholder Impact
- Shareholders may react to the CEO's stock disposal, potentially influencing the stock price.
Key Dates
| Date | Description |
|---|---|
| 10/24/2024 | Date of stock disposal transaction |
| 10/28/2024 | Date of signature on the report |
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