Form 4: Nevro Corp CFO Roderick H. MacLeod Reports Changes in Beneficial Ownership

Chief Financial Officer Roderick H. MacLeod of Nevro Corp. reports acquisition and disposal of common stock and restricted stock units.

Summary

• On March 7, 2024, Roderick H. MacLeod, CFO of Nevro Corp., reported changes in his beneficial ownership of the company's securities.
• He acquired 84,326 shares of common stock at $0 and disposed of 7,136 shares at $15.32.
• Following these transactions, MacLeod directly owns 140,704 shares of Nevro Corp.
• The reported transactions also involve restricted stock units (RSUs) which convert to common stock upon vesting.
• 1/3rd of the RSUs will vest on March 7, 2025 and the remainder will vest quarterly thereafter, such that all RSUs will be fully vested by the third anniversary of the grant date, subject to the Reporting Person's continued service to the issuer.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard SEC filing detailing stock transactions.

Future Outlook

The vesting of RSUs is contingent upon the Reporting Person's continued service to the issuer.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates