STOCK TITAN

EDAP TMS SA (EDAP) CAO discloses share and stock option holdings

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

Rhea-AI Filing Summary

EDAP TMS SA’s Chief Accounting Officer, Francois Mattieu Dietsch, filed an initial ownership report as of January 1, 2026. He beneficially owns 12,000 shares of common stock, held directly.

He also directly holds several grants of employee stock options over EDAP common stock, including options for 20,000 shares expiring April 26, 2026, 10,000 shares expiring April 25, 2027, and additional blocks of 10,000, 10,000, 7,500, and 15,000 shares with expirations ranging from August 29, 2028 through June 20, 2035. The filing footnotes explain that each option grant vests gradually starting six months after the grant date and that exercise prices were converted from euros into U.S. dollars using a stated exchange rate.

Positive

  • None.

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Insider Dietsch Francois Mattieu
Role Chief Accounting Officer
Type Security Shares Price Value
holding Stock Options -- -- --
holding Stock Options -- -- --
holding Stock Options -- -- --
holding Stock Options -- -- --
holding Stock Options -- -- --
holding Stock Options -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Stock Options — 20,000 shares (Direct); Common Stock — 12,000 shares (Direct)
Footnotes (1)
  1. The options, which were granted on April 26, 2016, became exercisable with respect to one-sixth of the options on the six-month anniversary of the date of grant and became exercisable on a monthly basis thereafter through the third anniversary of the date of grant with respect to the remaining options The option exercise price reflected was converted from 3.22 euros into U.S. dollars based on an exchange rate of EUR 1 to USD 1.1750. The options, which were granted on April 25, 2017, became exercisable with respect to one-sixth of the options on the six-month anniversary of the date of grant and became exercisable on a monthly basis thereafter through the third anniversary of the date of grant with respect to the remaining options. The option exercise price reflected was converted from 2.39 euros into U.S. dollars based on an exchange rate of EUR 1 to USD 1.1750. The options, which were granted on August 29, 2018, became exercisable with respect to one-sixth of the options on the six-month anniversary of the date of grant and became exercisable on a monthly basis thereafter through the third anniversary of the date of grant with respect to the remaining options. The option exercise price reflected was converted from 2.65 euros into U.S. dollars based on an exchange rate of EUR 1 to USD 1.1750. The options, which were granted on April 4, 2019, became exercisable with respect to one-sixth of the options on the six-month anniversary of the date of grant and became exercisable on a monthly basis thereafter through the third anniversary of the date of grant with respect to the remaining options. The option exercise price reflected was converted from 3.90 euros into U.S. dollars based on an exchange rate of EUR 1 to USD 1.1750. The options, which were granted on June 11, 2021, became exercisable with respect to one-sixth of the options on the six-month anniversary of the date of grant and became exercisable on a monthly basis thereafter through the third anniversary of the date of grant with respect to the remaining options. The option exercise price reflected was converted from 5.59 euros into U.S. dollars based on an exchange rate of EUR 1 to USD 1.1750. One-sixth of the options became exercisable on December 20, 2025, which is the six-month anniversary of the date of grant, and with respect to the remaining five-sixths of the options, one-thirtieth become exercisable at the end of each month following the six-month anniversary of the date of grant. The option exercise price reflected was converted from 1.48 euros into U.S. dollars based on an exchange rate of EUR 1 to USD 1.1750.
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
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OMB Number: 3235-0104
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hours per response: 0.5
1. Name and Address of Reporting Person*
Dietsch Francois Mattieu

(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)
Chief Accounting Officer
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)
Common Stock 12,000 D
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) 04/26/2026 Common Stock 20,000 $3.78(2) D
Stock Options (3) 04/25/2027 Common Stock 10,000 $2.81(4) D
Stock Options (5) 08/29/2028 Common Stock 10,000 $3.11(6) D
Stock Options (7) 04/04/2029 Common Stock 10,000 $4.58(8) D
Stock Options (9) 06/11/2031 Common Stock 7,500 $6.57(10) D
Stock Options (11) 06/20/2035 Common Stock 15,000 $1.74(12) D
Explanation of Responses:
1. The options, which were granted on April 26, 2016, became exercisable with respect to one-sixth of the options on the six-month anniversary of the date of grant and became 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 3.22 euros into U.S. dollars based on an exchange rate of EUR 1 to USD 1.1750.
3. The options, which were granted on April 25, 2017, became exercisable with respect to one-sixth of the options on the six-month anniversary of the date of grant and became exercisable on a monthly basis thereafter through the third anniversary of the date of grant with respect to the remaining options.
4. The option exercise price reflected was converted from 2.39 euros into U.S. dollars based on an exchange rate of EUR 1 to USD 1.1750.
5. The options, which were granted on August 29, 2018, became exercisable with respect to one-sixth of the options on the six-month anniversary of the date of grant and became exercisable on a monthly basis thereafter through the third anniversary of the date of grant with respect to the remaining options.
6. The option exercise price reflected was converted from 2.65 euros into U.S. dollars based on an exchange rate of EUR 1 to USD 1.1750.
7. The options, which were granted on April 4, 2019, became exercisable with respect to one-sixth of the options on the six-month anniversary of the date of grant and became exercisable on a monthly basis thereafter through the third anniversary of the date of grant with respect to the remaining options.
8. The option exercise price reflected was converted from 3.90 euros into U.S. dollars based on an exchange rate of EUR 1 to USD 1.1750.
9. The options, which were granted on June 11, 2021, became exercisable with respect to one-sixth of the options on the six-month anniversary of the date of grant and became exercisable on a monthly basis thereafter through the third anniversary of the date of grant with respect to the remaining options.
10. The option exercise price reflected was converted from 5.59 euros into U.S. dollars based on an exchange rate of EUR 1 to USD 1.1750.
11. One-sixth of the options became exercisable on December 20, 2025, which is the six-month anniversary of the date of grant, and with respect to the remaining five-sixths of the options, one-thirtieth become exercisable at the end of each month following the six-month anniversary of the date of grant.
12. The option exercise price reflected was converted from 1.48 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 01/13/2026
** 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

What does this Form 3 filing show for EDAP TMS SA (EDAP)?

The filing shows that Chief Accounting Officer Francois Mattieu Dietsch has filed his initial statement of beneficial ownership, listing his directly held common shares and stock options in EDAP TMS SA.

How many EDAP common shares does the reporting person hold?

The reporting person beneficially owns 12,000 shares of EDAP common stock, reported as held in direct ownership form.

What stock options are reported in this EDAP Form 3?

The report lists multiple stock option grants over EDAP common stock, including blocks of 20,000, 10,000, 10,000, 10,000, 7,500, and 15,000 underlying shares, each with its own exercise price and expiration date.

When do the EDAP stock options held by the officer vest?

Footnotes explain that each option grant generally became or becomes exercisable as to one-sixth of the options on the six-month anniversary of the grant date, then monthly through the third anniversary (or, for the 2025 grant, in monthly installments after that six-month mark).

How were the EDAP option exercise prices determined in U.S. dollars?

The filing states that each option exercise price was originally set in euros and then converted into U.S. dollars using an exchange rate of EUR 1 to USD 1.1750 for disclosure.

Does this EDAP Form 3 indicate any stock sales or purchases?

The report describes beneficial holdings of common stock and stock options as of January 1, 2026. It classifies the items as holdings rather than reporting new purchase or sale transactions.