Form 4: SANUWAVE Health Executive Nanci Gilmore Acquires Stock Options
SEC Form 4 Filing
Nanci Gilmore, Chief Commercial Officer of SANUWAVE Health, Inc., reports the acquisition of stock options.
Summary
- Nanci Gilmore, Chief Commercial Officer of SANUWAVE Health, Inc., filed a Form 4 on October 23, 2024.
- The report details the acquisition of 74,667 stock options on October 22, 2024, at an exercise price of $14.20.
- These options vest over three years in 12 equal quarterly installments, expiring on October 22, 2034.
- Following the transaction, Gilmore directly owns 74,667 derivative securities.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders reporting transactions in their company's securities, providing transparency to investors.
Stakeholder Impact
- The acquisition of stock options by a key executive could signal confidence in the company's future prospects to shareholders.
Key Dates
| Date | Description |
|---|---|
| 10/22/2024 | Date of the stock option transaction. |
| 10/22/2024 | Grant date of the stock options. |
| 10/23/2024 | Date of Form 4 filing. |
| 10/22/2034 | Expiration date of the stock options. |
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