EDAP TMS SA (FOCL) director adds 50K shares tied to ADS offering

Rhea-AI Filing Summary

EDAP TMS SA (FOCL) director Lance Willsey purchased 50,000 shares of Common Stock on 2026-08-14 at $4.75 per share in a purchase described as part of an underwritten public offering of American Depositary Shares, each representing one ordinary share. Following this open-market or private purchase, his direct holdings increased to 1,291,780 ordinary shares. The transactions were not reported under a Rule 10b5-1 trading plan.

Insider Trade Summary

Net Buyer: 50,000 shares

Net Buy 1 txn

Insider WILLSEY LANCE

Role Director

Bought 50,000 shs ($238K)

Type	Security	Shares	Price	Value
Purchase	Common Stock F1, F2	50,000	$4.75	$238K

Holdings After Transaction: Common Stock — 1,291,780 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: 50,000 shares Purchase price: $4.75 per share Shares owned after transaction: 1,291,780 shares

3 metrics

Shares purchased 50,000 shares Common Stock purchased on 2026-08-14

Purchase price $4.75 per share Price for Common Stock purchase on 2026-08-14

Shares owned after transaction 1,291,780 shares Direct holdings following the reported purchase

Key Terms

American Depositary Shares, underwritten public offering, ordinary shares

3 terms

American Depositary Shares financial

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

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.

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.

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 transaction did FOCL director Lance Willsey report on this Form 4?

Lance Willsey reported purchasing 50,000 EDAP TMS SA (FOCL) Common Stock shares on 2026-08-14. The transaction was coded as a purchase in an open market or private transaction, linked to an underwritten public offering of American Depositary Shares.

At what price did Lance Willsey buy FOCL shares and in what form?

He bought the FOCL shares at $4.75 per share. The filing explains these securities are ordinary shares of EDAP TMS SA, acquired in connection with an underwritten public offering of American Depositary Shares, each representing one ordinary share.

How many FOCL shares does Lance Willsey own after this reported purchase?

After the transaction, Lance Willsey directly holds 1,291,780 FOCL common (ordinary) shares. This post-transaction balance reflects the addition of the 50,000 shares purchased on 2026-08-14 as disclosed in the Form 4 filing.

Were Lance Willsey’s FOCL share purchases made under a Rule 10b5-1 trading plan?

The filing indicates they were not made under a Rule 10b5-1 plan. The Rule 10b5-1 checkbox is shown as false, and no footnote describes the transactions as pursuant to a pre-arranged trading plan.

What is the relationship between FOCL Common Stock and its American Depositary Shares?

The Form 4 notes that FOCL Common Stock represents ordinary shares of EDAP TMS SA. It further explains that each American Depositary Share referenced in the related underwritten public offering represents one ordinary share of the issuer.

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

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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^*

WILLSEY LANCE

(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)

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		50,000	A	$4.75	1,291,780	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)