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EDAP TMS SA (EDAP) general counsel reports 125,000 stock options grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

EDAP TMS SA filed an initial ownership report for officer Shah Sanket, the company’s General Counsel and Corporate Secretary. The filing shows he beneficially holds stock options over 125,000 shares of common stock.

The options were granted on September 30, 2025 and become exercisable for one-sixth of the options on the six-month anniversary of the grant date, then vest monthly until the third anniversary for the remaining options. The exercise price is $2.41 per share, converted from 2.05 euros using an exchange rate of EUR 1 to USD 1.1750. The ownership of these options is reported as held directly.

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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
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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.

FAQ

Who is the reporting person in the EDAP Form 3 filing?

The reporting person is Shah Sanket, who serves as General Counsel & Corporate Secretary of EDAP TMS SA.

What type of security does Shah Sanket report owning in EDAP (EDAP)?

He reports beneficial ownership of stock options covering 125,000 shares of EDAP TMS SA common stock, held directly.

What is the vesting schedule for Shah Sanket’s EDAP stock options?

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

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

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

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

The filing shows the stock options as held directly, with no nature of indirect beneficial ownership indicated.

Does this EDAP Form 3 indicate a new transaction or existing holding?

The Form 3 reflects beneficial ownership of stock options granted on September 30, 2025; the transaction entry is categorized as a holding with total options of 125,000 following the reported event date of January 1, 2026.
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