Opaleye entities sell 16,469 SANUWAVE shares
Opaleye-related entities reported open-market sales of SANUWAVE Health, Inc. common stock.
Rhea-AI Filing Summary
Opaleye-related entities reported open-market sales of SANUWAVE Health, Inc. common stock. On April 17, Opaleye, L.P. sold 11,267 shares at a weighted average price of $20.4611 per share, and a separately managed account sold 5,000 shares at the same price.
On April 21, Opaleye, L.P. sold an additional 202 shares at a weighted average price of $20.5025. Following these transactions, Opaleye, L.P. held 954,798 shares, and the managed account held 10,000 shares. Opaleye Management Inc. disclaims beneficial ownership beyond its pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 16,469 shares
Net Sell
3 txns
Insider
Opaleye Management Inc.
Role
10% Owner
Sold
16,469 shs ($337K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 per share | 202 | $20.5025 | $4K |
| Sale | Common Stock, par value $0.001 per share | 11,267 | $20.4611 | $231K |
| Sale | Common Stock, par value $0.001 per share | 5,000 | $20.4611 | $102K |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 10,000 shares (Indirect, By Managed account);
Common Stock, par value $0.001 per share — 954,798 shares (Indirect, By Opaleye, L.P.)
Footnotes (4)
- F1. Represents securities owned directly by Opaleye, L.P. (the "Fund"). As the investment manager of the Fund, Opaleye Management Inc. may be deemed to beneficially own the securities owned directly by the Fund.
- F2. Securities owned by a separately managed account (the "Managed Account"). As the portfolio manager of the Managed Account, Opaleye may be deemed to beneficially own the securities owned directly by the Managed Account.
- F3. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.17-$21.00 inclusive. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.
- F4. Opaleye Management Inc. disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that Opaleye Management Inc. is the beneficial owner of any such shares for purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Key Figures
Total shares sold: 16,469 shares
Opaleye April 17 sale: 11,267 shares at $20.4611/share
Managed account sale: 5,000 shares at $20.4611/share
+3 more
6 metrics
Total shares sold
16,469 shares
Net shares sold across three open-market transactions
Opaleye April 17 sale
11,267 shares at $20.4611/share
Open-market sale by Opaleye, L.P. on April 17
Managed account sale
5,000 shares at $20.4611/share
Open-market sale by separately managed account on April 17
Opaleye April 21 sale
202 shares at $20.5025/share
Open-market sale by Opaleye, L.P. on April 21
Opaleye, L.P. holdings
954,798 shares
Shares held after April 21 transaction
Managed account holdings
10,000 shares
Shares held after April 17 transaction
Key Terms
open-market sale, weighted average price, separately managed account, pecuniary interest
4 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
separately managed account financial
"Securities owned by a separately managed account (the "Managed Account")."
A separately managed account (SMA) is a personalized investment portfolio owned by a single investor and run by a professional manager who buys and sells securities on that investor’s behalf. It matters to investors because an SMA offers tailored asset selection, tax handling, and transparency—like hiring a personal chef who prepares meals to your dietary needs rather than sharing a set menu—so you can align holdings with your goals and see exactly what you own.
pecuniary interest financial
"disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest therein"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Opaleye Management report in this Form 4 for SNWV?
Opaleye Management Inc. reported indirect open-market sales of SANUWAVE Health (SNWV) common stock through Opaleye, L.P. and a managed account, totaling 16,469 shares. These transactions reflect portfolio activity by entities it manages, not direct insider purchases.
What types of accounts were involved in these SNWV stock sales?
The reported SANUWAVE Health stock sales involve securities held directly by Opaleye, L.P. and by a separately managed account. Opaleye Management Inc. acts as investment manager or portfolio manager for these entities and reports the trades as indirect ownership transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
