Eco Wave Power (WAVE) director Mats Andersson reports 650-share stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Eco Wave Power Global AB (publ) director Mats Andersson has filed an initial Form 3 disclosing his share ownership. The filing shows he directly holds 650 Common Shares of the company. This Form 3 records existing beneficial ownership and does not report any recent purchase or sale activity.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Andersson Mats
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 650 shares (Direct, null)
Footnotes (1)
Key Figures
Director shareholding: 650 Common Shares
1 metrics
Director shareholding
650 Common Shares
Beneficially owned following reported holdings
Key Terms
Form 3, beneficial ownership, Common Shares
3 terms
Form 3 regulatory
"has filed an initial Form 3 disclosing his share ownership"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership financial
"This Form 3 records existing beneficial ownership and does not report"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What does the Eco Wave Power (WAVE) Form 3 filing show for Mats Andersson?
The Form 3 shows that director Mats Andersson beneficially owns 650 Common Shares of Eco Wave Power Global AB (publ). It is an initial ownership report, not a record of a new transaction or trade in the company’s stock.
Is the Eco Wave Power (WAVE) Form 3 a record of insider buying or selling?
No, this Form 3 is not a record of insider buying or selling. It is an initial statement of beneficial ownership, simply indicating that director Mats Andersson holds 650 Common Shares, with no transaction price or trade date information reported.
What is the role of Mats Andersson at Eco Wave Power (WAVE) mentioned in the Form 3?
The Form 3 identifies Mats Andersson as a director of Eco Wave Power Global AB (publ). As a director, he must report his beneficial ownership of company securities, which in this case totals 650 directly held Common Shares, using this initial statement.
Why is Eco Wave Power (WAVE) filing a Form 3 for Mats Andersson?
Eco Wave Power Global AB (publ) files a Form 3 for Mats Andersson because he is a company director required to report his beneficial ownership. The filing formally discloses his holding of 650 Common Shares as he becomes subject to insider reporting obligations.