Form 4: Nevro Corp. Executive MacLeod Reports Changes in Beneficial Ownership
SEC Form 4 Filing
SVP and CFO of Nevro Corp., Roderick H. MacLeod, reports disposition of shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On March 7, 2025, Roderick H. MacLeod, SVP and Chief Financial Officer of Nevro Corp., reported changes in beneficial ownership of the company's common stock.
- The transactions involved the disposition of 1,763 and 15,136 shares of common stock at a price of $5.77 per share to cover tax obligations.
- Following the reported transactions, MacLeod directly owns 112,862 shares of Nevro Corp. common stock, which includes 69,311 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so it doesn't significantly impact sentiment. It's a neutral event.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders. These filings are closely watched by investors to gauge management's sentiment and confidence in the company.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of the stock transactions (disposition of shares). |
| 03/11/2025 | Date of signature for the Form 4 filing. |
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