Wave Life Sciences (WVE) director exercises options, sells 7,000 common shares under plan
Rhea-AI Filing Summary
Wave Life Sciences director Heidi L. Wagner exercised options for 7,000 ordinary shares at an exercise price of $5.97 per share on August 11, 2026, and sold the resulting 7,000 shares of common stock at $6.01 per share. The derivative position reported from this option grant was reduced to 0 following the transaction. The company notes these fully vested option exercises and related sale were effected pursuant to a Rule 10b5-1 trading plan adopted on March 6, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Wagner Heidi L
Role
Director
Sold
7,000 shs ($42K)
Approx. gross sale proceeds
$42K
Approx. exercise cost
$42K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) F1, F2 | 7,000 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 7,000 | $5.97 | $42K |
| Sale | Common Stock F1 | 7,000 | $6.01 | $42K |
Holdings After Transaction:
Stock Option (right to buy) — 0 shares (Direct);
Common Stock — 44,930 shares (Direct)
Footnotes (2)
- F1. The option exercise and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 6, 2026.
- F2. These stock options are fully vested.
Key Figures
Options exercised: 7,000 shares
Option exercise price: $5.97 per share
Shares sold: 7,000 shares
+4 more
7 metrics
Options exercised
7,000 shares
Stock Option (right to buy) exercised on August 11, 2026
Option exercise price
$5.97 per share
Conversion or exercise price of stock options exercised
Shares sold
7,000 shares
Common Stock sale on August 11, 2026
Sale price
$6.01 per share
Price for Common Stock sale transaction
Options remaining from grant
0 options
Total derivative shares following option exercise transaction
Rule 10b5-1 plan adoption date
March 6, 2026
Date the reporting person adopted the trading plan
Option expiration date
August 16, 2026
Scheduled expiration date of the exercised stock options
Key Terms
Rule 10b5-1 trading plan, Stock Option (right to buy, Exercise or conversion of derivative security, Redomiciliation, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"were effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Stock Option (right to buy financial
"security_title": "Stock Option (right to buy)""
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
Redomiciliation regulatory
"The Redomiciliation had the effect of changing Wave-Singapore's domicile"
Redomiciliation is when a company legally changes its country of incorporation while keeping the same business and assets, like moving a house to a new neighborhood but keeping the same furniture. Investors care because the company then follows a different set of laws and tax rules, which can change shareholder rights, reporting standards, dividend treatment and the ease of trading the stock, potentially affecting risk and return.
FAQ
What did Wave Life Sciences (WVE) director Heidi L. Wagner do in this Form 4?
Heidi L. Wagner exercised 7,000 stock options at $5.97 per share and sold 7,000 common shares at $6.01 per share on August 11, 2026.
How many Wave Life Sciences (WVE) options did Heidi L. Wagner exercise and at what price?
She exercised 7,000 stock options with an exercise price of $5.97 per share. These options were fully vested, and the exercise converted them into 7,000 ordinary shares before the subsequent sale.
Was the Wave Life Sciences (WVE) insider transaction under a Rule 10b5-1 plan?
Yes, the option exercise and share sale were carried out under a Rule 10b5-1 trading plan adopted by Heidi L. Wagner on March 6, 2026, indicating pre-arranged trading instructions.
What happened to Heidi L. Wagner’s Wave Life Sciences (WVE) options after this transaction?
After exercising the reported options, the derivative position from this option grant was reduced to 0 options remaining, as the 7,000 fully vested options were fully exercised and converted into common shares.
Did the Wave Life Sciences (WVE) redomiciliation affect this insider’s ownership proportion?
The company states the August 7, 2026 redomiciliation from Singapore to Delaware did not alter securityholders’ proportionate interests; shares were exchanged on a one-for-one basis into Wave Life Sciences, Inc. common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.