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Joe, Means you do not have to register it as NFA item with the government to own it. No form 1. No waiting on paperwork to come back.

The configuration that the Shockwave comes in from the factory classifies it as a "firearm" and not a shotgun by the ATF which allows it to be sold without a $200 tax stamp being required. Taking a normal shotgun and cutting the barrel down to this length would make a "short barrel shotgun" which is regulated under the National Firearms Act and requires a bunch of paperwork and long wait times along with the aforementioned $200. None of that applies to the Shockwave unless you were to remove the grip and fit a traditional stock.

it does not require a NFA (national firearm act) tax stamp (license ) because it is not a sawed off shotgun it is classified as a "firearm" because it holds a unique place in the rules no it is not classified as a pistol it is just classified as a firearm "the Shockwave is classified by the ATF as a "firearm" and available to shooters without having to buy a tax stamp or fill out paperwork" range365.com/mossberg-shockwave-gun-test#page-5