FONAR (NASDAQ: FONR) CEO details 12,000 common shares on Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
FONAR CORP President and CEO Timothy Raymond Damadian has filed an initial Form 3 disclosing his equity stake in the company. The filing reports beneficial ownership of 12,000 shares of FONAR CORPORATION common stock held directly as of the reported date. This is a holdings-only disclosure, with no reported share purchases, sales, or option exercises in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Damadian Timothy Raymond
Role
President/CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | FONAR CORPORATION COMMON STOCK | -- | -- | -- |
Holdings After Transaction:
FONAR CORPORATION COMMON STOCK — 12,000 shares (Direct, null)
Footnotes (1)
Key Figures
Directly owned common shares: 12,000 shares
Reported buy transactions: 0 transactions
Reported sell transactions: 0 transactions
3 metrics
Directly owned common shares
12,000 shares
Beneficial ownership reported on Form 3
Reported buy transactions
0 transactions
Transaction summary buyCount
Reported sell transactions
0 transactions
Transaction summary sellCount
Key Terms
beneficial ownership, FONAR CORPORATION COMMON STOCK, direct ownership
3 terms
beneficial ownership financial
"The Form 3 shows that President and CEO Timothy Raymond Damadian beneficially owns 12,000 shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FONAR CORPORATION COMMON STOCK financial
"security_title": "FONAR CORPORATION COMMON STOCK""
direct ownership financial
"These shares are listed as directly owned, giving investors a baseline view"
FAQ
What does Timothy Raymond Damadian’s Form 3 filing for FONAR (FONR) show?
The Form 3 shows that President and CEO Timothy Raymond Damadian beneficially owns 12,000 shares of FONAR CORPORATION common stock directly. It is an initial ownership report and does not reflect any purchase or sale transactions.
Does the FONAR (FONR) Form 3 include any insider buying or selling activity?
No, the Form 3 does not include insider buying or selling activity. It is a holdings-only filing that lists 12,000 directly owned common shares, with zero transactions classified as buys, sells, gifts, or option exercises in the transaction summary.
What type of security is reported in the FONAR (FONR) CEO’s Form 3?
The filing reports ownership of FONAR CORPORATION common stock. All 12,000 shares disclosed are common shares held directly, with no derivative securities such as options or warrants listed in the derivative security summary section of the data.
Is the CEO’s ownership in FONAR (FONR) reported as direct or indirect on Form 3?
The CEO’s 12,000 shares are reported as directly owned, coded as "D" for direct ownership. There is no indication of indirect holdings through trusts, partnerships, or other entities in the ownership fields shown in this filing excerpt.