Form 4: Nevro Corp. CEO Kevin Thornal Reports Stock Transaction

Nevro Corp.'s CEO, Kevin Thornal, disposed of 6,685 shares of common stock to cover tax obligations related to restricted stock units.

Summary

• Kevin Thornal, the President and CEO of Nevro Corp., reported a transaction involving the disposal of 6,685 shares of common stock.
• The transaction occurred on January 24, 2025.
• The shares were disposed of at a price of $5.16 per share.
• This transaction was to cover tax obligations related to restricted stock units.
• Following the transaction, Mr. Thornal beneficially owns 243,162 shares of common stock, which includes 207,091 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing of a stock transaction, which is neither positive nor negative for the company's outlook.

Industry Context

This is a routine filing related to executive stock transactions and is common for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting insider transactions in publicly traded companies.
• The transaction is typical for executives who receive stock-based compensation and need to cover tax obligations.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive.

Key Dates

Keywords

Nevro Corp, Kevin Thornal, stock transaction, Form 4, insider trading, restricted stock units, executive compensation