Director spends $47.5K on EDAP TMS shares

EDAP TMS SA director David R. Horn purchased 10,000 shares of the company’s Common Stock on 2026-08-14 at $4.75 per share in a purchase in open market or private transaction.

Rhea-AI Filing Summary

EDAP TMS SA director David R. Horn purchased 10,000 shares of the company’s Common Stock on 2026-08-14 at $4.75 per share in a purchase in open market or private transaction. The position is held as direct ownership, and his holdings after the transaction total 10,000 shares.

Footnotes clarify that “Common Stock” refers to EDAP’s ordinary shares, and that these shares were purchased in connection with an underwritten public offering of American Depositary Shares, with each ADS representing one ordinary share.

Insider Trade Summary

Net Buyer: 10,000 shares

Net Buy 1 txn

Insider Horn David R.

Role Director

Bought 10,000 shs ($48K)

Type	Security	Shares	Price	Value
Purchase	Common Stock F1, F2	10,000	$4.75	$48K

Holdings After Transaction: Common Stock — 10,000 shares (Direct)

Footnotes (2)

1. F1. Common Stock for the issuer refers to the issuer's ordinary shares.
2. F2. The reported securities represent ordinary shares purchased by the reporting person in connection with an underwritten public offering of American Depositary Shares, each of which represents one ordinary share of the issuer.

Key Figures

Shares purchased: 10,000 shares Purchase price per share: $4.75 per share Total transaction value: $47,500 +2 more

5 metrics

Shares purchased 10,000 shares Ordinary shares acquired on 2026-08-14 by David R. Horn

Purchase price per share $4.75 per share Price paid for EDAP ordinary shares in the reported transaction

Total transaction value $47,500 Approximate value of 10,000 shares at $4.75 per share

Shares owned after transaction 10,000 shares Direct holdings reported for David R. Horn following the purchase

Net buy shares 10,000 shares Net buy activity across all transactions in this Form 4

Key Terms

underwritten public offering, American Depositary Shares, ordinary shares

3 terms

underwritten public offering financial

"purchased by the reporting person in connection with an underwritten public offering"

An underwritten public offering is when a company sells new shares of its stock to the public with the help of a financial firm, called an underwriter. The underwriter agrees to buy all the shares upfront, reducing the company's risk, and then sells them to investors. This process helps companies raise money quickly and confidently from a wide range of buyers.

American Depositary Shares financial

"in connection with an underwritten public offering of American Depositary Shares"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

ordinary shares financial

"represents ordinary shares purchased by the reporting person"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

FAQ

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

What did David R. Horn report in his latest Form 4 for EDAP (FOCL)?

David R. Horn reported buying 10,000 EDAP ordinary shares on 2026-08-14 at $4.75 per share. The purchase is reported as a direct holding and was made in connection with an underwritten public offering of American Depositary Shares.

How many EDAP (FOCL) shares does David R. Horn own after this Form 4 transaction?

After the reported transaction, David R. Horn holds 10,000 EDAP ordinary shares directly. All of these shares come from the single 10,000-share purchase reported on 2026-08-14 in connection with an underwritten public offering of American Depositary Shares.

What price did David R. Horn pay per EDAP (FOCL) share in the reported Form 4 trade?

He purchased EDAP ordinary shares at $4.75 per share on 2026-08-14. The transaction is classified as a purchase in open market or private transaction and is tied to an underwritten public offering of American Depositary Shares.

What is the total dollar value of David R. Horn’s reported EDAP (FOCL) share purchase?

The reported purchase totals approximately $47,500, based on 10,000 shares at $4.75 per share. This entire amount relates to ordinary shares acquired in connection with an underwritten public offering of American Depositary Shares representing one ordinary share each.

How is the EDAP (FOCL) security described in David R. Horn’s Form 4?

The security is labeled as Common Stock, which the footnotes clarify refers to EDAP’s ordinary shares. These ordinary shares were bought in connection with an underwritten public offering of American Depositary Shares, each ADS representing one ordinary share.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 08/17/2026 - 06:08 AM Accepted by SEC EDGAR 08/17/2026 - 06:06 AM Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Horn David R.

(Last) (First) (Middle)

4410 EL CAMINO REAL

SUITE 150

(Street)

LOS ALTOS, CALIFORNIA 94022

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)(2)	08/14/2026		P		10,000	A	$4.75	10,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Common Stock for the issuer refers to the issuer's ordinary shares.

2. The reported securities represent ordinary shares purchased by the reporting person in connection with an underwritten public offering of American Depositary Shares, each of which represents one ordinary share of the issuer.

	/s/ Blandine Confort, as Attorney-in-Fact	08/17/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)