Form 4: Nevro Corp Director Elizabeth H. Weatherman Reports Acquisition and Disposal of Common Stock

Director Elizabeth H. Weatherman reports acquiring 19,169 shares of Nevro Corp common stock through restricted stock units (RSUs) and disposing of 19,169 shares on May 23, 2024.

Summary

• On May 23, 2024, Elizabeth H. Weatherman, a director of Nevro Corp, reported a transaction involving the company's common stock.
• Weatherman acquired 19,169 shares of common stock through restricted stock units (RSUs).
• These RSUs will vest on the earlier of May 23, 2025, or the next Annual Meeting following May 23, 2024, contingent upon continued service to Nevro Corp.
• The reporting person also disposed of 19,169 shares of common stock.
• Following the reported transactions, Weatherman beneficially owns 74,949 shares of Nevro Corp, including 19,169 RSUs.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common for directors and officers of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider trading activity.
• The vesting of RSUs incentivizes the director to continue providing service to the company.

Key Dates