Form 4: Nevro Corp CFO Roderick H. MacLeod Reports Stock Disposal

Sentiment:

SEC Form 4 Filing


Chief Financial Officer Roderick H. MacLeod of Nevro Corp. reports the disposal of shares to cover tax obligations related to restricted stock units.

Summary

  • On March 2, 2024, Roderick H. MacLeod, the Chief Financial Officer of Nevro Corp., disposed of 1,270 shares of common stock.
  • The transaction was executed at a price of $14.22 per share.
  • This disposal was to cover tax obligations related to restricted stock units.
  • Following the transaction, MacLeod beneficially owns 63,209 shares of Nevro Corp.
  • This includes 50,531 restricted stock units.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a routine transaction related to tax obligations.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding insider trading activity.

Key Dates

DateDescription
03/02/2024Date of stock disposal transaction
03/05/2024Date of signature on the Form 4 filing

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.