STOCK TITAN

Hilary L. Shane (FONR) discloses major direct and trust holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

FONAR CORP insider Hilary L. Shane has filed an initial ownership report as a ten percent owner of the company. The filing lists direct ownership of 720,065 shares of common stock, plus additional indirect holdings through an IRA, multiple trusts, and an LLC with separate reported share positions.

Positive

  • None.

Negative

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Insider shane hilary
Role null
Type Security Shares Price Value
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 477,000 shares (Indirect, Through Hilary L. Shane Revocable Trust); Common Stock — 720,065 shares (Direct, null)
Footnotes (1)
Direct common stock holding 720,065 shares Direct ownership position reported on Form 3
IRA indirect holding 21,213 shares Indirect ownership through Hilary L. Shane IRA
Oliver Shane Irrevocable Trust holding 194,574 shares Indirect ownership via irrevocable trust
ODS Capital LLC holding 27,278 shares Indirect ownership through ODS Capital LLC
Revocable Trust holding 477,000 shares Indirect ownership via Hilary L. Shane Revocable Trust
ten percent owner financial
""is_ten_percent_owner": 1"
indirect ownership financial
""ownership_type": "indirect""
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 3 regulatory
""form_type": "3""
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.
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SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
shane hilary

(Last)(First)(Middle)
78 LIGHTHOUSE DRIVE

(Street)
JUPITER FLORIDA 33469

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
05/17/2026
3. Issuer Name and Ticker or Trading Symbol
FONAR CORP [ FONR ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock477,000IThrough Hilary L. Shane Revocable Trust
Common Stock27,278IThrough ODS Capital LLC
Common Stock194,574IThrough Oliver Shane Irrevocable Trust
Common Stock21,213IThrough Hilary L. Shane IRA
Common Stock720,065D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ Hilary Shane05/26/2026
** Signature of Reporting PersonDate
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 5 (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 3: SEC 1473 (03-26)

FAQ

What does Hilary L. Shane report owning in FONAR CORP (FONR)?

Hilary L. Shane reports direct and indirect ownership of FONAR CORP common stock. The filing shows 720,065 shares held directly and additional positions held indirectly through an IRA, several trusts, and an LLC, reflecting status as a ten percent owner.

Is the FONAR CORP (FONR) Form 3 a purchase or sale filing?

This Form 3 is an initial ownership report, not a purchase or sale. It lists existing positions in FONAR CORP common stock with no transaction codes and no reported buy or sell activity in the transaction summary.

How many FONAR CORP shares does Hilary L. Shane hold directly?

The Form 3 shows Hilary L. Shane directly holding 720,065 shares of FONAR CORP common stock. This direct position is in addition to several indirect holdings reported through retirement and trust accounts and an LLC vehicle.

What indirect FONAR CORP holdings are reported for Hilary L. Shane?

Indirect FONAR CORP holdings are reported through a Hilary L. Shane IRA, the Oliver Shane Irrevocable Trust, ODS Capital LLC, and the Hilary L. Shane Revocable Trust. Each vehicle lists its own total common stock position in the filing.

Does the FONAR CORP (FONR) Form 3 show any derivative securities?

The Form 3 derivative summary is empty, indicating no derivative securities such as options or warrants are reported. All listed positions are common stock holdings, shown as either direct or indirect ownership entries for the reporting person.