FONAR CEO updates Form 4 holdings at 79,059 shares

FONAR CORP President and CEO Timothy Raymond Damadian filed a Form 4 that updates his holdings of FONAR CORPORATION common stock.

Accepted by SEC EDGAR 06/08/2026 - 02:19 PM EDT

Filing Impact

(Neutral)

Filing Sentiment

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Form Type

Rhea-AI Filing Summary

FONAR CORP President and CEO Timothy Raymond Damadian filed a Form 4 that updates his holdings of FONAR CORPORATION common stock. The filing reports that he directly owns 79,059 shares following the reported entry.

The entry is classified as a holding with an unknown transaction code, and there are no recorded share purchases, sales, exercises, gifts, or tax withholdings in this filing. It functions as a position update rather than a new trading transaction.

Insider Trade Summary

Holdings reported, no transactions

Holdings

Insider Damadian Timothy Raymond

Role President/CEO/Treasurer

Type	Security	Shares	Price	Value
Holding	FONAR CORPORATION COMMON STOCK	--	--	--

Holdings: FONAR CORPORATION COMMON STOCK — 79,059 shares (Direct)

Key Figures

Shares held after filing: 79,059 shares Net buy/sell shares in filing: 0 shares Buy transactions count: 0 +2 more

5 metrics

Shares held after filing 79,059 shares Direct ownership following reported holding entry

Net buy/sell shares in filing 0 shares NetBuySellShares from transaction summary

Buy transactions count 0 BuyCount in transaction summary

Sell transactions count 0 SellCount in transaction summary

Holding entries count 1 HoldingEntries in transaction summary

Key Terms

FONAR CORPORATION COMMON STOCK, transaction code, direct or indirect

3 terms

FONAR CORPORATION COMMON STOCK financial

"security_title: "FONAR CORPORATION COMMON STOCK""

transaction code regulatory

""transaction_code_description": "Unknown transaction code""

direct or indirect regulatory

""direct_or_indirect": "D""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Timothy Raymond Damadian’s latest Form 4 show for FONAR (FONR)?

The Form 4 shows that Timothy Raymond Damadian directly holds 79,059 shares of FONAR CORPORATION common stock. The filing classifies this as a holding entry, with no reported purchases, sales, option exercises, gifts, or tax withholdings associated with the reported position.

Did the FONAR (FONR) CEO buy or sell shares in this Form 4 filing?

No explicit buys or sells are reported in this Form 4. The filing records a holding entry with an unknown transaction code and shows no share purchases, sales, exercises, gifts, or tax-withholding events, indicating it primarily updates the CEO’s reported ownership position.

How many FONAR (FONR) shares does Timothy Raymond Damadian hold after this filing?

After this filing, Timothy Raymond Damadian is reported as directly owning 79,059 shares of FONAR CORPORATION common stock. This total appears as the number of shares beneficially owned following the reported holding entry, without additional derivative positions listed in the summary.

Is this FONAR (FONR) Form 4 a routine ownership update or a major trade?

This Form 4 functions as a routine ownership update rather than a major trade. It records a holding entry with an unknown transaction code and shows zero shares bought, sold, exercised, gifted, or withheld for taxes in the transaction summary provided.

Does the FONAR (FONR) Form 4 disclose any option exercises or derivative positions?

The Form 4 discloses no option exercises or derivative transactions. The derivative summary is empty and exerciseCounts are zero, indicating no new derivative activity in this filing and focusing solely on the CEO’s direct common stock holdings of 79,059 shares.

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

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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^*

Damadian Timothy Raymond

(Last)

(First)

(Middle)

110 MARCUS DR.

(Street)

MELVILLE

NEW YORK

11747

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FONAR CORP [ FONR ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President/CEO/Treasurer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
FONAR CORPORATION COMMON STOCK								79,059	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

Remarks:

On June 3, 2026, certain parties entered into an agreement and plan of merger dated December 23, 2025, by and among Issuer, FONAR, LLC, as Parent and FONAR Acquisition Sub, Inc., as Merger Sub, completed the transactions contemplated thereby, pursuant to which Merger Sub merged with and into Issuer, with Issuer surviving the merger as a wholly owned subsidiary of Parent. At the effective time, each share of the Issuer's common stock, par value $0.0001 per share, outstanding immediately prior to the effective time was cancelled and converted into the right to receive cash in an equal amount equal to $19.00 per share (other than shares owned by Parent, the Company or any of their respective subsidiaries, including securities held as treasury shares, collectively, the Excluded Shares. As of the effective time, the Excluded Shares were cancelled and extinguishes without any conversion thereof or consideration paid therefore. As a result of the merger, the reporting person is no longer subject to the reporting requirements of Section 16(a) of the Securities Exchange Act of 1934, as amended.

	/s/ Timothy Raymond Damadian	06/08/2026
	** 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)

Source: View Original Filing on SEC EDGAR