Frank T Watkins, Board Member at ShockWave Medical (NASDAQ:SWAV), reported a large exercise of company stock options on September 22, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Friday showed that Watkins, Board Member at ShockWave Medical, a company in the Health Care sector, just exercised stock options worth 3,000 shares of SWAV stock with an exercise price of $3.42.
ShockWave Medical shares are trading down 0.33% at $196.23 at the time of this writing on Friday morning. Since the current price is $196.23, this makes Watkins's 3,000 shares worth $588,690.