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sellWeak

Morgan C. Frank sold $559k of SNWV

Chief Executive Officer at SANUWAVE Health, Inc.. 20,000 shares at an average of $27.95, traded Dec 11, 2025, filed Dec 15, 2025.

Warning score
36
Value
$559k
20,000 shares
Holdings after
63,999
-24% from before
From 52-week low
+56%
low $20.24, close $31.50
From 52-week high
-30%
high $45.00, as of Dec 11, 2025

Score components

  • Role
    10% owner
    +12
  • Trade size
    $559k at market
    +19
  • Share of holdings sold
    Sold 24% of holdings
    +5
  • Cluster
    No other insider selling within 14 days
    0

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m -11.3%, 3m -29.9%, 6m -53.6%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

SNWVOct 13, 2026 · close 5.61
Since filing Dec 15, 2025: -82.3%SPY +15.5% · excess -97.8%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0000919574-25-007394, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Dec 11, 2025SOpen-market sale
Common Stock, par value $0.001indirect: See Footnote
-13,500$31.28$422k70,499Dec 15, 2025
Dec 12, 2025SOpen-market sale
Common Stock, par value $0.001indirect: See Footnote
-6,500$21.04$137k63,999Dec 15, 2025

Related signals

Other insiders at SANUWAVE Health, Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
31Weak
SNWVsell
SANUWAVE Health, Inc.
Opaleye Management Inc.
owner
$574k
35,581 shares
-4%
37Weak
SNWVsell
SANUWAVE Health, Inc.
Opaleye Management Inc.
owner
$1.3M
70,648 shares
-7%
27Weak
SNWVsell
SANUWAVE Health, Inc.
Opaleye Management Inc.
owner
$337k
16,469 shares
-2%
42Moderate
SNWVsell
SANUWAVE Health, Inc.
Morgan C. Frank
Chief Executive Officer
$4.5M
144,810 shares
-14%
42Moderate
SNWVsell
SANUWAVE Health, Inc.
Morgan C. Frank
Chief Executive Officer
$4.5M
144,810 shares
-14%
18Weak
SNWVbuy
SANUWAVE Health, Inc.
Opaleye Management Inc.
owner
$38k
1,267 shares
+0%
22Weak
SNWVsell
SANUWAVE Health, Inc.
Peter Stegagno
Chief Operating Officer
$52k
1,862 shares
-48%
30Weak
SNWVsell
SANUWAVE Health, Inc.
Iulian Cioanta
Chief Sci. and Tech. Officer
$115k
3,639 shares
-99%
32Weak
SNWVbuy
SANUWAVE Health, Inc.
Opaleye Management Inc.
owner
$204k
7,998 shares
+1%
32Weak
SNWVbuy 2
SANUWAVE Health, Inc.
Opaleye Management Inc.
owner
$439k
27,868 shares
+3%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Morgan C. Frank sold $559k of SNWV | InsiderTell