Masaharu Tanaka

Masaharu Tanaka is a declared insider of Wave Life Sciences Ltd., with filings sourced from SEC (Form 4). The record holds 5 filings, for trades running from 16 November 2015 to 18 September 2017.

Market trades split into 1 purchase (€1.1M) and 3 sales (€10.5M). On balance, insiders were net sellers of €9.3M. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Since January 2017: no purchases and 3 sales on the market.

The latest filing, published on 19 September 2017, reports an open-market sale of €292k in Wave Life Sciences Ltd. The last purchase on record was published on 18 November 2015, which is 4,009 days ago. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 2 days. US insiders must file a Form 4 within two business days of a trade. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.