Form 4: Nevro Corp Director D. Keith Grossman Reports Stock Disposal
SEC Form 4 Filing
Director D. Keith Grossman of Nevro Corp. reports disposing of 3,986 shares of common stock to cover tax obligations related to restricted stock units.
Summary
- On April 11, 2024, D. Keith Grossman, a director of Nevro Corp., disposed of 3,986 shares of common stock.
- The transaction was executed at a price of $13.12 per share.
- Following the transaction, Grossman directly owns 211,444 shares of Nevro Corp., which includes 21,904 restricted stock units.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing simply reports a transaction. The disposal of shares to cover tax obligations is a routine event.
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 stakeholders as it is a routine disposal of shares by a director.
Key Dates
| Date | Description |
|---|---|
| 04/11/2024 | Date of stock disposal transaction |
| 04/15/2024 | Date of signature for the report |
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