On January 5, it was revealed in an SEC filing that Frank T Watkins, Board Member at ShockWave Medical (NASDAQ:SWAV) executed a significant exercise of company stock options.
What Happened: A notable Form 4 filing on Friday with the U.S. Securities and Exchange Commission revealed that Watkins, Board Member at ShockWave Medical, exercised stock options for 3,000 shares of SWAV, resulting in a transaction value of $579,132.
The latest update on Friday morning shows ShockWave Medical shares down by 0.0%, trading at $196.46. At this price, Watkins's 3,000 shares are worth $579,132.
Unveiling the Story Behind ShockWave Medical
ShockWave Medical Inc is a medical device company focused on developing and commercializing products intended to transform the way calcified cardiovascular disease is treated. Its intravascular lithotripsy technology is used in the treatment of calcified plaque. Geographically, the company generates its revenue from the United States, Europe and other countries.
Key Indicators: ShockWave Medical's Financial Health
Revenue Growth: ShockWave Medical's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 41.64%. This indicates a substantial increase in the company's ...