Form 4: Nevro Corp Director D. Keith Grossman Reports Stock Disposal
SEC Form 4 Filing
D. Keith Grossman, a director at Nevro Corp, reported disposing of 1,020 shares of common stock on September 3, 2024, to cover tax obligations.
Summary
- On September 3, 2024, D. Keith Grossman, a director of Nevro Corp, disposed of 1,020 shares of common stock.
- The transaction was executed at a price of $5.55 per share.
- Following the transaction, Grossman directly owns 228,459 shares of Nevro Corp, including 32,741 restricted stock units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a transaction. It doesn't indicate positive or negative performance for the company.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a small percentage of the director's holdings and the overall outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 09/03/2024 | Date of transaction: Disposal of 1,020 shares of common stock. |
| 09/05/2024 | Date of signature for the Form 4 filing. |
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