NVRO.Nevro CORP

Form 4: Nevro Corp Director Kevin C. O'Boyle Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4

📋All filings for Nevro CORP
🔒Login to Follow

Director Kevin C. O'Boyle reports acquisition and disposal of Nevro Corp common stock and restricted stock units.

Summary

  • On May 23, 2024, Kevin C. O'Boyle, a director of Nevro Corp, reported changes in beneficial ownership.
  • He acquired 19,169 restricted stock units (RSUs), each convertible to one share of common stock upon vesting.
  • These RSUs vest on the earlier of May 23, 2025, or the next Annual Meeting following May 23, 2024, contingent upon continued service to the issuer.
  • O'Boyle also disposed of some common stock.
  • Following these transactions, O'Boyle beneficially owns 43,396 shares, including 19,169 RSUs.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the transactions of company insiders.
  • It can influence investor sentiment depending on the nature and volume of the transactions.

Key Dates

DateDescription
05/23/2024Date of earliest transaction: acquisition of restricted stock units and disposal of common stock.
05/23/2025One year anniversary of RSU grant, potential vesting date.
05/28/2024Date of signature for the report.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.