EDAP executive reports 125,000 stock options

EDAP TMS SA executive Shah Sanket, the company’s General Counsel and Corporate Secretary, filed an initial ownership report showing beneficial ownership of stock options.

Rhea-AI Filing Summary

EDAP TMS SA executive Shah Sanket, the company’s General Counsel and Corporate Secretary, filed an initial ownership report showing beneficial ownership of stock options. The filing reports 125,000 stock options to acquire EDAP TMS SA common stock, held directly.

The options were granted on September 30, 2025, with a vesting schedule where one-sixth becomes exercisable on the six-month anniversary of the grant date, and the remaining portion vests monthly through the third anniversary of the grant. The options have an exercise price of $2.41 per share, converted from 2.05 euros using an exchange rate of EUR 1 to USD 1.1750.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Shah Sanket

Role Gen Counsel & Corp Secretary

Type	Security	Shares	Price	Value
holding	Stock Options	--	--	--

Holdings After Transaction: Stock Options — 125,000 contracts (Direct)

Footnotes (2)

1. F1. The options, which were granted on September 30, 2025, will become exercisable with respect to one-sixth of the options on the six-month anniversary of the date of grant and will become exercisable on a monthly basis thereafter through the third anniversary of the date of grant with respect to the remaining options.
2. F2. The option exercise price reflected was converted from 2.05 euros into U.S. dollars based on an exchange rate of EUR 1 to USD 1.1750.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider position does Shah Sanket hold at EDAP (EDAP)?

Shah Sanket is an officer of EDAP TMS SA, serving as General Counsel & Corporate Secretary, according to the ownership report.

What securities does Shah Sanket report owning in EDAP’s Form 3?

The Form 3 reports beneficial ownership of 125,000 stock options to acquire EDAP TMS SA common stock, held directly.

What is the exercise price of the EDAP stock options reported by Shah Sanket?

The stock options have an exercise price of $2.41 per share, converted from 2.05 euros using an exchange rate of EUR 1 to USD 1.1750.

How do the EDAP stock options granted to Shah Sanket vest?

The options, granted on September 30, 2025, become exercisable for one-sixth of the grant on the six-month anniversary of the grant date and then vest on a monthly basis through the third anniversary for the remaining options.

Is this EDAP filing reporting a new transaction or existing holdings?

This is a Form 3 initial ownership filing showing beneficial holdings of 125,000 stock options by officer Shah Sanket, rather than reporting a purchase or sale transaction.

Are Shah Sanket’s EDAP stock options held directly or indirectly?

The filing lists the 125,000 stock options as held under direct ownership (D), with no indirect ownership entity noted.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 01/09/2026 - 06:36 PM Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Shah Sanket

(Last) (First) (Middle)

4410 EL CAMINO REAL

SUITE 150

(Street)

LOS ALTOS, CA 94022

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2026

3. Issuer Name and Ticker or Trading Symbol
EDAP TMS SA [ EDAP ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Gen Counsel & Corp Secretary

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options	(1)	09/30/2035	Common Stock	125,000	$2.41(2)	D

Explanation of Responses:

1. The options, which were granted on September 30, 2025, will become exercisable with respect to one-sixth of the options on the six-month anniversary of the date of grant and will become exercisable on a monthly basis thereafter through the third anniversary of the date of grant with respect to the remaining options.

2. The option exercise price reflected was converted from 2.05 euros into U.S. dollars based on an exchange rate of EUR 1 to USD 1.1750.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Blandine Confort, as Attorney-in-Fact	01/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.