Form 4: Nevro Corp Director Frank M. Fischer Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Frank M. Fischer reports acquiring 1,159 shares of Nevro Corp common stock on March 31, 2024, in lieu of cash retainer fees.
Summary
- On March 31, 2024, Frank M. Fischer, a director of Nevro Corp, acquired 1,159 shares of common stock.
- The acquisition was made in lieu of cash retainer fees.
- The price per share was $0.
- Following the transaction, Fischer beneficially owns 57,500 shares of Nevro Corp, which includes 6,754 restricted stock units.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a routine transaction. The director's acquisition of shares could be interpreted slightly positively, but it's not a major event.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
This filing is a routine disclosure of a director's stock acquisition, which is common in publicly traded companies. It provides transparency to investors regarding insider transactions.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 03/31/2024 | Date of transaction: Frank M. Fischer acquired common stock. |
| 04/02/2024 | Date of signature: Form 4 signed by Kashif Rashid, as Attorney-in-Fact for Frank M. Fischer. |
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