JW Partners, LP 4

What Happened

• JW Asset Management, LLC (the investment advisor to JW Partners, LP and JW Opportunities Fund, LLC) sold a total of 90,533 shares of Establishment Labs Holdings, Inc. (ESTA) in open-market transactions from May 26–28, 2026.
• Sales breakdown: May 26 — 25,320 shares at $74.39 ($1,883,555); May 27 — 113 shares at $72.50 ($8,193); May 28 — 65,100 shares at $72.89 ($4,745,139). Aggregate proceeds ≈ $6,636,887. These sales resulted in the reporting persons ceasing to be beneficial owners of more than 10% of ESTA (final Form 4).

Key Details

• Transaction type: Open-market sales (Form 4 code “S”).
• Dates & prices: 5/26/2026 @ $74.39; 5/27/2026 @ $72.50; 5/28/2026 @ $72.89.
• Total shares sold: 90,533; total proceeds ≈ $6.64 million.
• Shares sold by entity: 59,357 by JW Partners, LP and 31,176 by JW Opportunities Fund, LLC (per footnote).
• Ownership after filing: The filing states the reporting persons no longer are beneficial owners of >10% of the issuer; the exact remaining share count is not specified in the summary data.
• Footnotes: F1 explains relationships among the advisor, funds, the general partner and Jason G. Wild; F2 clarifies sale allocations and disclaimers of direct beneficial ownership; F3 notes this is the final Form 4 for the reporting persons due to falling below the 10% threshold.
• Timeliness: Form filed 5/28/2026 for trades through 5/28/2026 — appears to be a timely Form 4 filing.

Context

• These are institutional open-market sales by an investment advisor and affiliated funds (not a direct executive stock purchase). Jason G. Wild is identified as the managing member but disclaims direct beneficial ownership except for indirect pecuniary interest. The filing is primarily a regulatory disclosure showing the funds reduced their stake below the 10% reporting threshold.