NVRO.Nevro CORP

Form 4: Nevro Corp Executive Greg Siller Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing

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SVP & Chief Commercial Officer of Nevro Corp, Greg Siller, reports a transaction involving common stock due to tax withholding upon vesting of restricted stock units and shares acquired through the Employee Stock Purchase Plan.

Summary

  • Greg Siller, SVP & Chief Commercial Officer of Nevro Corp, filed a Form 4 with the SEC.
  • The filing reports a transaction on June 19, 2024, where 12,267 shares of common stock were disposed of to cover tax obligations related to vesting restricted stock units.
  • The shares were disposed of at a price of $8.81.
  • Following the transaction, Siller beneficially owns 148,632 shares of Nevro Corp, which includes 130,593 restricted stock units and 2,956 shares acquired through the Employee Stock Purchase Plan on May 15, 2024.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of stock transactions by a company executive, with no inherent positive or negative implications.

Industry Context

Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.

Stakeholder Impact

  • The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.

Key Dates

DateDescription
May 15, 2024Date of acquisition of 2,956 shares pursuant to the Issuer's Employee Stock Purchase Plan
June 19, 2024Date of transaction involving the disposal of common stock for tax obligations
June 21, 2024Date of signature for the Form 4 filing

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