FONAR (NASDAQ: FONR) director Claudette Chan discloses 106 common shares on Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
FONAR CORP director Claudette Chan filed an initial Form 3 reporting her beneficial ownership of company stock. The filing shows she directly holds 106 shares of FONAR CORPORATION common stock, establishing her baseline ownership position as an insider.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chan Claudette
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | FONAR CORPORATION COMMON STOCK | -- | -- | -- |
Holdings After Transaction:
FONAR CORPORATION COMMON STOCK — 106 shares (Direct, null)
Footnotes (1)
Key Figures
Director shareholdings: 106 shares
1 metrics
Director shareholdings
106 shares
Direct beneficial ownership reported on Form 3
Key Terms
Form 3, FONAR CORPORATION COMMON STOCK, beneficial ownership
3 terms
Form 3 regulatory
"Claudette Chan filed an initial Form 3 reporting her beneficial ownership"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
FONAR CORPORATION COMMON STOCK financial
"The filing shows she directly holds 106 shares of FONAR CORPORATION common stock"
beneficial ownership financial
"filed an initial Form 3 reporting her beneficial ownership of company stock"
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.
FAQ
What does FONAR (FONR) director Claudette Chan report on this Form 3?
Claudette Chan reports her initial beneficial ownership as a director of FONAR CORP. The Form 3 shows she directly holds 106 shares of FONAR CORPORATION common stock, establishing her baseline insider position for future Form 4 or Form 5 reports.
Is there any buy or sell transaction in this FONAR (FONR) Form 3?
No, the Form 3 does not report a new buy or sell transaction. It simply discloses Claudette Chan’s existing direct ownership of 106 shares of FONAR CORPORATION common stock as her starting beneficial ownership record.
What type of security is reported in Claudette Chan’s FONAR (FONR) Form 3?
The security reported is FONAR CORPORATION common stock. The Form 3 identifies this security title explicitly and shows Claudette Chan’s direct beneficial ownership of 106 shares, with no options, warrants, or other derivative positions disclosed in the data provided.
Why is a Form 3 important for FONAR (FONR) investors?
Form 3 establishes an insider’s initial beneficial ownership when they become a reporting person. For FONAR, it records Claudette Chan’s starting position of 106 common shares, creating a baseline to compare against any future insider trading reported on Forms 4 or 5.