EDAP TMS (NASDAQ: FOCL) legal chief buys shares in ADS offering

Rhea-AI Filing Summary

Sanket Shah, General Counsel & Corporate Secretary of EDAP TMS SA (FOCL), purchased 5,000 shares of the company’s common stock (ordinary shares) on 2026-08-14 at $4.75 per share in connection with an underwritten public offering of American Depositary Shares. Following this open-market/private purchase, Shah directly holds 72,500 ordinary shares.

Insider Trade Summary

Net Buyer: 5,000 shares

Net Buy 1 txn

Insider Shah Sanket

Role General Counsel & Corp Sec

Bought 5,000 shs ($24K)

Type	Security	Shares	Price	Value
Purchase	Common Stock F1, F2	5,000	$4.75	$24K

Holdings After Transaction: Common Stock — 72,500 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: 5,000 shares Purchase price: $4.75 per share Shares owned after transaction: 72,500 shares +1 more

4 metrics

Shares purchased 5,000 shares Common Stock (ordinary shares) purchased on 2026-08-14

Purchase price $4.75 per share Price paid for common stock on 2026-08-14

Shares owned after transaction 72,500 shares Total direct holdings of ordinary shares following the purchase

ADS to ordinary share ratio 1 ADS : 1 ordinary share Each American Depositary Share represents one ordinary share of the issuer

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

"underwritten public offering of American Depositary Shares, each of which represents one ordinary share"

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

"each of which represents one ordinary share of the issuer"

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

What insider transaction did FOCL’s General Counsel Sanket Shah report on this Form 4?

Sanket Shah reported a purchase of 5,000 EDAP TMS SA ordinary shares on 2026-08-14 at $4.75 per share, increasing his direct holdings to 72,500 shares of common stock.

At what price did Sanket Shah buy EDAP TMS SA (FOCL) shares?

He bought 5,000 shares at $4.75 per share. The transaction involved the issuer’s common stock, which are ordinary shares, and was tied to an underwritten public offering of American Depositary Shares.

How many EDAP TMS SA (FOCL) shares does Sanket Shah own after this transaction?

After the reported transaction, Sanket Shah directly owns 72,500 ordinary shares of EDAP TMS SA. These holdings reflect his position following the purchase of 5,000 shares disclosed in the Form 4 filing.

What type of security did Sanket Shah purchase in EDAP TMS SA (FOCL)?

He purchased common stock, which for EDAP TMS SA refers to its ordinary shares. The shares were bought in connection with an underwritten public offering of American Depositary Shares, each ADS representing one ordinary share.

Was Sanket Shah’s FOCL share purchase related to an American Depositary Share offering?

Yes. The filing notes the 5,000 ordinary shares were purchased in connection with an underwritten public offering of American Depositary Shares, where each ADS represents one ordinary share of EDAP TMS SA.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/17/2026 - 06:07 AM Accepted by SEC EDGAR 08/17/2026 - 06:01 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^*

Shah Sanket

(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 [ FOCL ]

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

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

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		5,000	A	$4.75	72,500	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)