Form 4: Nevro Corp. CFO Roderick H. MacLeod Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Roderick H. MacLeod, CFO of Nevro Corp., disposed of 817 shares of common stock to cover tax obligations related to restricted stock units.
Summary
- On August 28, 2024, Roderick H. MacLeod, the SVP and Chief Financial Officer of Nevro Corp., disposed of 817 shares of common stock.
- The transaction was executed at a price of $5.76 per share.
- This disposal was to satisfy tax obligations related to restricted stock units.
- Following the transaction, MacLeod directly owns 135,693 shares of Nevro Corp., which includes 112,436 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions, allowing investors to see if those with inside knowledge of the company are buying or selling shares.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small disposal of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 08/28/2024 | Date of stock disposal transaction |
| 08/30/2024 | Date of signature on the Form 4 filing |
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