Wave Life Sciences, Inc. planned insider sales
In the last twelve months insiders at Wave Life Sciences, Inc. filed 15 Form 144 notices of planned sales, 1.2 million shares worth $11.5 million at the time of filing, from 11 sellers. The latest, filed 12 August 2026: Adrian G Rawcliffe (director), 12,700 shares worth $64,072, planned for around 12 August 2026 through Morgan Stanley Smith Barney LLC Executive Financial Services. 6 notices' values as filed do not match the share price that day; they are marked in the table.
| Filed | Seller | Relationship | Shares | Value | Planned sale | Sold, per Form 4 | Broker | How acquired | Filing |
|---|---|---|---|---|---|---|---|---|---|
| 12 August 2026 | Adrian G Rawcliffe | Director | 12,700 | $64,072 | 12 August 2026 | 12,700 shares from 12 August 2026 | Morgan Stanley Smith Barney LLC Executive Financial Services | Restricted Stock Units | Form 144 |
| 11 August 2026 | Heidi L Wagner | Director | 7,000 | $42,490 | 11 August 2026 | 7,000 shares from 11 August 2026 | Morgan Stanley Smith Barney LLC Executive Financial Services | Exercise of Stock Options | Form 144 |
| 9 February 2026 | Chris Francis | Officer | 1,870 | $25,152 | 9 February 2026 | 35,077 shares from 9 February 2026 | Morgan Stanley Smith Barney LLC Executive Financial Services | Restricted Stock Unit Vesting | Form 144 |
| 9 February 2026 | Kyle Moran | Officer | 3,564 | $47,936 | 9 February 2026 | 3,588 shares from 9 February 2026 | Morgan Stanley Smith Barney LLC Executive Financial Services | Restricted Stock Unit Vesting | Form 144 |
| 9 February 2026 | Paul Bolno | Officer | 10,411 | $140,028 | 9 February 2026 | 10,480 shares from 9 February 2026 | Morgan Stanley Smith Barney LLC Executive Financial Services | Restricted Stock Unit Vesting | Form 144 |
| 9 December 2025 | Kyle Moran | Officer | 86,000 | $1.6 million | 9 December 2025 | 260,036 shares from 8 December 2025 | Morgan Stanley Smith Barney LLC Executive Financial Services | Exercise of Stock Options | Form 144 |
| 8 December 2025 | Heidi L Wagner | Director | 14,000 | $104,860 value as filed; does not match the share price that day | 8 December 2025 | 14,000 shares from 8 December 2025 | Morgan Stanley Smith Barney LLC Executive Financial Services | Exercise of Stock Options | Form 144 |
| 8 December 2025 | Mark Corrigan | Director | 16,115 | $120,701 value as filed; does not match the share price that day | 8 December 2025 | 16,115 shares from 8 December 2025 | Morgan Stanley Smith Barney LLC Executive Financial Services | Restricted Stock Units | Form 144 |
| 8 December 2025 | Gregory Verdine | Director | 20,000 | $149,800 value as filed; does not match the share price that day | 8 December 2025 | 20,000 shares from 8 December 2025 | Morgan Stanley Smith Barney LLC Executive Financial Services | Previously Exercised Stock Options | Form 144 |
| 8 December 2025 | Adrian Rawcliffe | Director | 42,000 | $314,580 value as filed; does not match the share price that day | 8 December 2025 | 42,000 shares from 8 December 2025 | Morgan Stanley Smith Barney LLC Executive Financial Services | Exercise of Stock Options | Form 144 |
| 8 December 2025 | Kyle Moran | Officer | 210,000 | $1.6 million value as filed; does not match the share price that day | 8 December 2025 | No matching Form 4 sale | Morgan Stanley Smith Barney LLC Executive Financial Services | Exercise of Stock Options | Form 144 |
| 8 December 2025 | Henry Family Trust | Affiliate | 93,445 | $1.7 million | 8 December 2025 | No matching Form 4 sale | J.P. Morgan Securities LLC | Transfer, acquired via RSU Vesting; Transfer, acquired via Stock Option Exercise | Form 144 |
| 8 December 2025 | Aik NA Tan | Director | 134,218 | $1.8 million | 8 December 2025 | 134,218 shares from 8 December 2025 | Morgan Stanley Smith Barney LLC Executive Financial Services | Restricted Stock; Stock Option Exercise | Form 144 |
| 8 December 2025 | Christopher Francis | Officer | 483,602 | $3.6 million value as filed; does not match the share price that day | 8 December 2025 | 450,406 shares from 8 December 2025 | Morgan Stanley Smith Barney LLC Executive Financial Services | Exercise of Stock Options | Form 144 |
| 13 November 2025 | Adrian Rawcliffe | Director | 16,115 | $112,080 | 13 November 2025 | 16,115 shares from 13 November 2025 | Morgan Stanley Smith Barney LLC Executive Financial Services | Restricted Stock Units | Form 144 |
A Form 144 is the notice an insider files with the SEC before selling restricted or control shares over the Rule 144 thresholds; it says what may be sold, not what was.