Frank T Watkins, Board Member at ShockWave Medical (NASDAQ:SWAV), reported a large exercise of company stock options on October 24, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday 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 0.0% at $202.17 at the time of this writing on Tuesday morning. Since the current price is $202.17, this makes Watkins's 3,000 shares worth $606,510.
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