Daniel Coyle - 01 Oct 2025 Form 3 Insider Report for SANUWAVE Health, Inc. (SNWV)

Role: Chief Operating Officer
Signature: /s/ Griffin D. Foster, Attorney-in-Fact for Daniel Coyle
Issuer symbol: SNWV
Transactions as of: 01 Oct 2025
Net transactions value: $0
Form type: 3
Filing time: 06 Oct 2025, 17:09:49 UTC
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Coyle Daniel	Chief Operating Officer	9600 W. 76TH STREET, SUITE 118, EDEN PRAIRIE	/s/ Griffin D. Foster, Attorney-in-Fact for Daniel Coyle	06 Oct 2025	0002089277

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	SNVW	Common Stock						37	01 Oct 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	SNVW	Stock Option (right to buy)							01 Oct 2025	Common Stock	20,000	$14.20	Direct	F1
holding	SNVW	Stock Option (right to buy)							01 Oct 2025	Common Stock	5,000	$27.00	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Options vest over a period of three years in 12 equal installments on each quarterly anniversary of the grant date. These options were granted to the reporting person on October 22, 2024.
F2	On June 4, 2025, the reporting person was granted options to purchase 10,000 shares of common stock that vest in four equal installments based on the satisfaction of certain project-based performance milestones. Two of the performance milestones have been met, resulting in the vesting of 5,000 options.