Form 4: Nevro Corp. Executive MacLeod Reports Stock Disposal
SEC Form 4 Filing
Roderick H. MacLeod, SVP and CFO of Nevro Corp., reports disposing of 1,759 shares of common stock to cover tax obligations.
Summary
- On June 7, 2024, Roderick H. MacLeod, the SVP and Chief Financial Officer of Nevro Corp., disposed of 1,759 shares of Nevro Corp. common stock.
- The transaction was executed at a price of $9.27 per share.
- Following the transaction, MacLeod directly owns 138,129 shares of Nevro Corp., which includes 116,970 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, as it simply reports a transaction.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a disposal of shares, which is a common occurrence for covering tax obligations related to stock-based compensation.
Stakeholder Impact
- The disposal of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the overall market sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/07/2024 | Date of stock disposal transaction |
| 06/11/2024 | Date of signature on the Form 4 filing |
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