FONAR major holder buys 71,414 shares
FONAR CORP major shareholder Hilary Shane reported an open-market purchase of 71,414 shares of common stock at $18.99 per share.
Accepted by SEC EDGAR
Learn about SEC filing dates
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
FONAR CORP major shareholder Hilary Shane reported an open-market purchase of 71,414 shares of common stock at $18.99 per share. The purchased shares are held indirectly through ODS Capital LLC, bringing that entity’s reported indirect holdings to 98,692 shares, alongside 791,479 shares held directly.
Insider Trade Summary
Net Buyer: 71,414 shares
Net Buy
1 txn
Insider
shane hilary
Role
10% Owner
Bought
71,414 shs ($1.36M)
Increase in Position
261.8%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 71,414 | $18.99 | $1.36M |
| Holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 98,692 shares (Indirect, See footnote);
Common Stock — 791,479 shares (Direct)
Holdings Before and After:
Common Stock, 27,278 to 98,692 shares (Indirect, See footnote)
Footnotes (1)
- F1. Shares are held directly by ODS Capital LLC, of which the reporting person is the managing memeber and may be deemed to beneficially own the securities held by the LLC.
Key Figures
Open-market purchase: 71,414 shares
Purchase price: $18.99/share
Indirect holdings after trade: 98,692 shares
+2 more
5 metrics
Open-market purchase
71,414 shares
Common Stock acquired indirectly via ODS Capital LLC
Purchase price
$18.99/share
Price for 71,414 Common Stock shares
Indirect holdings after trade
98,692 shares
Common Stock held through ODS Capital LLC
Direct holdings
791,479 shares
Common Stock held directly by reporting person
Net buy shares
71,414 shares
transactionSummary netBuySellShares (net-buy)
Key Terms
ten percent owner, beneficially own, indirectly owned, open-market purchase
4 terms
ten percent owner financial
"The reporting person is identified as a ten percent owner of FONAR CORP."
beneficially own financial
"may be deemed to beneficially own the securities held by the LLC."
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
indirectly owned financial
"These shares are reported as indirectly owned through ODS Capital LLC."
open-market purchase financial
"The Form 4 shows an open-market purchase of 71,414 shares of FONAR CORP common stock."
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FONAR CORP (FONR) report in this Form 4?
FONAR reported that major shareholder Hilary Shane, through ODS Capital LLC, purchased 71,414 shares of common stock in an open-market transaction at $18.99 per share, increasing the indirect holdings attributed to the LLC to 98,692 shares.
Who is the reporting person in the FONAR CORP (FONR) Form 4 filing?
The reporting person is Hilary Shane, identified as a ten percent owner of FONAR CORP. The filing shows both directly held shares and shares held indirectly through ODS Capital LLC, where Shane is the managing member and may be deemed to beneficially own the LLC’s holdings.
What are Hilary Shane’s reported FONAR CORP (FONR) holdings after the transaction?
After the reported transaction, the filing shows 791,479 FONAR CORP shares held directly and 98,692 shares held indirectly through ODS Capital LLC. Together, these figures describe the total common stock position attributed to Shane in this Form 4.
How is ODS Capital LLC involved in the FONAR CORP (FONR) insider transaction?
The Form 4 notes that ODS Capital LLC directly holds the purchased FONAR shares. Hilary Shane is the managing member of ODS Capital LLC and may be deemed to beneficially own the securities held by the LLC, making the transaction an indirect holding.
AI-generated analysis. How Rhea-AI works. Not financial advice.
