Form 4: Nevro Corp CFO Roderick H. MacLeod Reports Stock Transaction
SEC Form 4 Filing
Chief Financial Officer Roderick H. MacLeod of Nevro Corp. reports the disposition of 898 shares of common stock to cover tax obligations related to restricted stock units.
Summary
- On February 28, 2024, Roderick H. MacLeod, the Chief Financial Officer of Nevro Corp., disposed of 898 shares of common stock.
- The transaction was executed to satisfy tax obligations related to restricted stock units.
- The price per share was $14.82.
- Following the transaction, MacLeod beneficially owns 64,479 shares of Nevro Corp., which includes 52,684 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares being disposed of by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of stock transaction (disposal of shares). |
| 03/01/2024 | Date of signature on the Form 4 filing. |
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