Form 4: Nevro Corp CFO Roderick H. MacLeod Reports Stock Disposal
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
| Date | Description |
|---|---|
| 03/02/2024 | Date of stock disposal transaction |
| 03/05/2024 | Date of signature on the Form 4 filing |
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