Form 4: Nevro Corp. CFO MacLeod Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Roderick H. MacLeod, SVP and CFO of Nevro Corp., reports acquisition and disposal of common stock and vesting of Performance Stock Units.

Summary

  • On March 20, 2025, Roderick H. MacLeod, the SVP and Chief Financial Officer of Nevro Corp., reported transactions involving the company's stock.
  • MacLeod acquired 1,136 shares of common stock at $0, representing the vesting of Performance Stock Units (PSUs) granted on March 7, 2023.
  • He also disposed of 611 shares of common stock at a price of $5.78.
  • Following these transactions, MacLeod beneficially owns 113,387 shares of Nevro Corp. common stock, which includes 69,311 restricted stock units.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reflects standard reporting of stock transactions by a company executive. The vesting of PSUs is a slightly positive indicator.

Positives

  • The vesting of Performance Stock Units indicates that the first milestone vesting condition was achieved, as certified by the Compensation Committee.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be informative for investors.

Stakeholder Impact

  • Shareholders gain insight into executive compensation and stock ownership.
  • Employees may be impacted by the achievement of performance milestones tied to PSU vesting.

Key Dates

DateDescription
03/07/2023Initial grant date of Performance Stock Units (PSUs)
03/20/2025Date of stock acquisition and disposal, and PSU vesting
03/24/2025Date of signature on the Form 4 filing

Keywords

Nevro Corp, NVRO, Roderick H. MacLeod, CFO, stock transaction, Form 4, Performance Stock Units, restricted stock units, beneficial ownership

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