Form 4: Nevro Corp. CFO MacLeod Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Roderick H. MacLeod, CFO of Nevro Corp., disposed of 1,759 shares of common stock on September 7, 2024, to cover tax obligations.
Summary
- On September 7, 2024, Roderick H. MacLeod, the SVP and Chief Financial Officer of Nevro Corp., disposed of 1,759 shares of common stock.
- The transaction was executed to cover tax obligations.
- The price per share was $5.18.
- Following the transaction, MacLeod directly owns 133,934 shares of Nevro Corp., which includes 109,162 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by an insider. It doesn't inherently convey positive or negative sentiment about the company's performance or prospects.
Industry Context
This is a routine Form 4 filing, indicating a change in beneficial ownership by a company insider. Such filings are common and provide transparency into the trading activities of company executives.
Stakeholder Impact
- The sale of shares by a company executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction, but this is a small transaction.
Key Dates
| Date | Description |
|---|---|
| 09/07/2024 | Date of transaction: Roderick H. MacLeod disposed of 1,759 shares of common stock. |
| 09/10/2024 | Date of signature on the Form 4 filing. |
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