MANCHESTER MANAGEMENT CO LLC sold SNWV

December 8, 2025 · Form 4 insider transaction

MANCHESTER MANAGEMENT CO LLC sold 125,400 shares of SANUWAVE Health, Inc. at $30.75 per share, a transaction worth $3.86M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 2 days after the transaction.

Direction
Disposed (sell-side)
Shares
125,400
Price
$30.75
Total value
$3.86M
Role
SecurityCommon Stock, par value $0.001
Transaction codeS: Open-market sale
Transaction dateDecember 8, 2025
Filing dateDecember 10, 2025
Shares owned after881,390
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

The reported securities are owned directly by Manchester Explorer, L.P. ("Explorer") and may be deemed to be indirectly beneficially owned by (i) Manchester Management Company, LLC ("Manchester Management"), the general partner of Explorer, (ii) Manchester Management PR, LLC ("Manchester PR"), the investment adviser to Manchester Management, (iii) James E. Besser, the managing member of Manchester Management and Manchester PR, and (iv) Morgan Frank, who serves as a portfolio manager and as a consultant for Explorer. The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

View the original Form 4 on SEC EDGAR