Wern David Timothy 4

What Happened
Wern David Timothy, Executive Vice President of Sales at SANUWAVE Health, Inc. (SNVW), received a grant of 2,500 derivative securities (reported as an award) on January 30, 2026. The filing shows a reported price of $0.00 for the award (total reported cash consideration $0). This is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-30 (Form 4 filed 2026-02-03; filing appears timely — within the two business-day window required for Form 4s).
• Transaction type/code: A — Grant/award of a derivative security.
• Quantity: 2,500 derivative shares/options; reported price $0.00 (no cash paid reported).
• Vesting: Options will vest over three years in 12 equal installments on each quarterly anniversary of the grant date (footnote).
• Shares owned after transaction: Not specified in the information provided in this summary (not disclosed in the excerpt).
• Notable: This is a compensation award (routine for employees/executives); not a market buy or sale.

Context This award is a typical compensation/retention grant and should be viewed differently from open-market purchases (which can signal personal conviction) or sales. The footnote indicates these are options that vest quarterly over three years; the filing does not disclose an exercise price or immediate cash value in the provided excerpt.