Form 4: Nevro Corp Director D. Keith Grossman Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
D. Keith Grossman, a director at Nevro Corp, disposed of 2,184 shares of common stock on March 11, 2024, to satisfy tax withholding obligations related to restricted stock units.
Summary
- On March 11, 2024, D. Keith Grossman, a director of Nevro Corp, disposed of 2,184 shares of common stock.
- The transaction was executed to cover tax obligations associated with restricted stock units.
- Following the transaction, Grossman directly owns 215,430 shares of Nevro Corp, which includes 30,002 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 practice for company insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of stock disposal transaction. |
| 03/13/2024 | Date of signature on the Form 4 filing. |
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