Form 4: Nevro Corp Director Elizabeth H. Weatherman Acquires Shares in Lieu of Cash Compensation

Director Elizabeth H. Weatherman acquired 3,544 shares of Nevro Corp common stock on September 30, 2024, in lieu of cash compensation for retainer fees.

Summary

• Elizabeth H. Weatherman, a director of Nevro Corp, acquired 3,544 shares of common stock on September 30, 2024.
• The acquisition was made in lieu of cash compensation for quarterly retainer fees.
• The price per share was $0.
• Following the transaction, Weatherman beneficially owns 80,846 shares of Nevro Corp, including 19,169 restricted stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral. A director taking stock in lieu of cash is generally a positive sign, but it's a routine transaction.

Positives

• The director's decision to take shares in lieu of cash may signal confidence in the company's future prospects.

Industry Context

Directors receiving stock in lieu of cash compensation is a fairly common practice, particularly in growth-oriented companies, as it aligns their interests with those of shareholders.

Stakeholder Impact

• The transaction has a minimal impact on shareholders, as it's a small number of shares relative to the total outstanding.

Key Dates