Last updated: 11 September 2024 at 5:03pm EST

Shawn McCormick Net Worth




The estimated Net Worth of Shawn Mc Cormick is at least $825 Thousand dollars as of 9 September 2024. Mr. Cormick owns over 800 units of Nevro Corp stock worth over $108,989 and over the last 10 years he sold NVRO stock worth over $460,641. In addition, he makes $254,955 as Independent Director at Nevro Corp.

Mr. McCormick NVRO stock SEC Form 4 insiders trading

Shawn has made over 9 trades of the Nevro Corp stock since 2018, according to the Form 4 filled with the SEC. Most recently he sold 800 units of NVRO stock worth $176,000 on 9 September 2024.

The largest trade he's ever made was exercising 8,537 units of Nevro Corp stock on 14 August 2024 worth over $8,025. On average, Shawn trades about 651 units every 53 days since 2014. As of 9 September 2024 he still owns at least 23,140 units of Nevro Corp stock.

You can see the complete history of Mr. Cormick stock trades at the bottom of the page.





Shawn McCormick biography

Shawn T. McCormick serves as Independent Director of the Company. Mr. McCormick served as Chief Financial Officer of Tornier N.V., a public medical device company (“Tornier”), from September 2012 to October 2015 when Tornier merged with Wright Medical Group. From April 2011 to February 2012, Mr. McCormick was Chief Operating Officer of Lutonix, Inc., a medical device company acquired by C. R. Bard, Inc. in December 2011. From January 2009 to July 2010, Mr. McCormick served as Senior Vice President and Chief Financial Officer of ev3 Inc., a public endovascular device company acquired by Covidien plc in July 2010. From May 2008 to January 2009, Mr. McCormick served as Vice President, Corporate Development at Medtronic, Inc., a public medical device company (“Medtronic”), where he was responsible for leading Medtronic’s worldwide business development activities. From 2007 to 2008, Mr. McCormick served as Vice President, Corporate Technology and New Ventures of Medtronic. From 2002 to 2007, Mr. McCormick was Vice President, Finance for Medtronic’s Spinal, Biologics and Navigation business. Prior to that, Mr. McCormick held various other positions with Medtronic, including Corporate Development Director, Principal Corporate Development Associate, Manager, Financial Analysis, Senior Financial Analyst and Senior Auditor. Prior to joining Medtronic, he spent four years with the public accounting firm KPMG Peat Marwick. He was a director of Entellus Medical, Inc., a public medical device company, and served as the chairman of the audit committee and as a member of the nominating and corporate governance committee from November 2014 to February 2018 when Entellus was sold to Stryker. Mr. McCormick has been a director of SurModics, Inc., a public medical device and in vitro diagnostic technologies company, since December 2015 and serves on the audit committee and corporate governance and nominating committee. Mr. McCormick earned his M.B.A. from the University of Minnesota’s Carlson School of Management and his B.S. in

What is the salary of Shawn McCormick?

As the Independent Director of Nevro Corp, the total compensation of Shawn McCormick at Nevro Corp is $254,955. There are 15 executives at Nevro Corp getting paid more, with D.Keith Grossman having the highest compensation of $13,877,700.



How old is Shawn McCormick?

Shawn McCormick is 55, he's been the Independent Director of Nevro Corp since 2014. There are 18 older and 6 younger executives at Nevro Corp. The oldest executive at Nevro Corp is Frank Fischer, 78, who is the Independent Director.

What's Shawn McCormick's mailing address?

Shawn's mailing address filed with the SEC is C/O INSPIRE MEDICAL SYSTEMS, INC., 5500 WAYZATA BLVD., SUITE 1600, GOLDEN VALLEY, MN, 55416.

Insiders trading at Nevro Corp

Over the last 10 years, insiders at Nevro Corp have traded over $298,472,982 worth of Nevro Corp stock and bought 312,708 units worth $8,709,518 . The most active insiders traders include Ali Behbahani, Holdings A/S Novo, and & Johnson Johnson & Johnson.... On average, Nevro Corp executives and independent directors trade stock every 18 days with the average trade being worth of $161,002. The most recent stock trade was executed by Shawn Mc Cormick on 7 June 2023, trading 7,500 units of NVRO stock currently worth $171,600.



What does Nevro Corp do?

headquartered in redwood city, california, nevro is a global medical device company focused on providing innovative products that improve the quality of life of patients suffering from debilitating chronic pain. nevro has developed and commercialized the senza spinal cord stimulation (scs) system, an evidence-based neuromodulation platform for the treatment of chronic pain. the senza system is the only scs system that delivers nevro's proprietary hf10 therapy. the nevro® senza® scs system received ce mark in 2010, tga approval in 2011, fda approval in 2015, and is commercially available in europe, australia, and the united states.



What does Nevro Corp's logo look like?

Nevro Corp logo

Complete history of Mr. Cormick stock trades at Surmodics, Wright Medical NV, Nevro Corp, and Inspire Medical Systems Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
9 Sep 2024 Shawn Mc Cormick
Director
Sale 800 $220.00 $176,000
9 Sep 2024
23,140
14 Aug 2024 Shawn Mc Cormick
Director
Option 8,537 $0.94 $8,025
14 Aug 2024
23,940
10 May 2024 Shawn Mc Cormick
Director
Option 2,500 $0.94 $2,350
10 May 2024
15,403
17 Mar 2023 Shawn Mc Cormick
Director
Option 4,000 $0.94 $3,760
17 Mar 2023
11,518
2 May 2018 Shawn Mc Cormick
Director
Buy 3,000 $16.00 $48,000
2 May 2018
3,000
7 Jun 2023 Shawn Mc Cormick
Buy 7,500 $22.88 $171,600
7 Jun 2023
26,866
24 May 2021 Shawn Mc Cormick
Sale 482 $149.65 $72,131
24 May 2021
7,290
21 May 2020 Shawn Mc Cormick
Sale 1,020 $126.50 $129,030
21 May 2020
7,772
11 Nov 2019 Shawn Mc Cormick
Sale 800 $104.35 $83,480
11 Nov 2019
7,416


Nevro Corp executives and stock owners

Nevro Corp executives and other stock owners filed with the SEC include: