Form 4: Nevro Corp Director Elizabeth Weatherman Acquires Shares Through Stock Retainer

Director Elizabeth Weatherman acquired 5,325 shares of Nevro Corp common stock as part of her quarterly retainer, bringing her total holdings to 86,171 shares.

Summary

• Elizabeth Weatherman, a director at Nevro Corp, acquired 5,325 shares of common stock on December 31, 2024.
• These shares were received as part of her quarterly retainer, which she elected to receive in stock instead of cash.
• The acquisition was made at a price of $0 per share, as it was part of her compensation.
• Following this transaction, Weatherman's total holdings in Nevro Corp amount to 86,171 shares, which includes 19,169 restricted stock units.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed positively as it aligns interests with shareholders. There are no negative implications.

Positives

• The acquisition of shares by a director demonstrates confidence in the company's future.
• The election to receive stock instead of cash aligns the director's interests with those of shareholders.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies. It reflects the compensation structure for board members.

Comparison to Industry Standards

• Director compensation in the form of stock is a common practice among publicly traded companies, particularly in the technology and healthcare sectors.
• Many companies offer directors the option to receive a portion of their fees in stock to align their interests with shareholders.
• The number of shares acquired is relatively small compared to the total outstanding shares of Nevro Corp, and is typical for a director's retainer.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it demonstrates director confidence in the company.
• The transaction has no direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Nevro Corp, Elizabeth Weatherman, stock acquisition, director, retainer, common stock, restricted stock units, insider trading