Form 4: Nevro Corp. CFO MacLeod Reports Stock Transactions
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
| Date | Description |
|---|---|
| 03/07/2023 | Initial grant date of Performance Stock Units (PSUs) |
| 03/20/2025 | Date of stock acquisition and disposal, and PSU vesting |
| 03/24/2025 | Date 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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