OBAI director Paul Morin details common and preferred stakes in Form 3

Rhea-AI Filing Summary

TG-17, Inc. director Paul Alphonse Morin filed an initial ownership report showing his current stake in the company. He directly holds 41,202 shares of common stock and several derivative positions, including 64,792 shares of Series B-3 Convertible Preferred Stock and warrants and options over additional common shares.

SEC Form 3

FORM 3

UNITED 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^*

Morin Paul Alphonse

(Last) (First) (Middle)

85 BROAD STREET

(Street)

NEW YORK NY 10004

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/04/2026

3. Issuer Name and Ticker or Trading Symbol
TG-17, Inc. [ OBAI ]

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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 Stock	41,202	D

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 Exercisable	Expiration Date	Title	Amount or Number of Shares
Series B-3 Convertible Preferred Stock	11/17/2023	(1)	Common Stock	64,792	$0.4875	D
Series CF-2 Warrant	07/14/2025	02/04/2028	Common Stock	1,553	$3.8643	D
Equity Option Award	02/01/2024	05/29/2034	Common Stock	4,777	$0.42	D
Equity Option Award	02/01/2024	05/29/2034	Common Stock	3,185	$0.42	D
Equity Option Award	01/01/2022	06/11/2032	Common Stock	1,057	$0.42	D
Equity Option Award	02/01/2025	06/28/2035	Common Stock	16,000	$1.7	D

Explanation of Responses:

1. This series of Preferred Stock does not have an expiration date

	/s/ Paul A. Morin	02/12/2026
	** 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 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.

FAQ

What does the latest Form 3 filing reveal about OBAI director Paul Morin’s holdings?

The Form 3 shows director Paul Alphonse Morin’s initial ownership in TG-17, Inc. He directly holds 41,202 common shares plus multiple derivative securities, including 64,792 shares of Series B-3 Convertible Preferred Stock, warrants, and equity option awards over additional common stock.

How many TG-17, Inc. (OBAI) common shares does Paul Morin directly own?

Paul Alphonse Morin directly owns 41,202 shares of TG-17, Inc. common stock. This position is reported as a non-derivative holding on his Form 3, indicating his current direct equity stake as a company director as of the event date reported.

What derivative securities linked to OBAI common stock does Paul Morin report on Form 3?

Paul Morin reports several derivative securities, including Series B-3 Convertible Preferred Stock for 64,792 underlying common shares, a Series CF-2 Warrant for 1,553 shares, and multiple equity option awards covering 4,777, 3,185, 1,057, and 16,000 common shares at specified exercise prices.

Does Paul Morin’s Series B-3 Convertible Preferred Stock in OBAI have an expiration date?

The filing states that the Series B-3 Convertible Preferred Stock has no expiration date. This means the preferred shares remain outstanding under their terms, with 64,792 underlying common shares reported as beneficially owned through this non-expiring preferred stock position.

What are the key terms of Paul Morin’s TG-17, Inc. option awards reported on Form 3?

The Form 3 lists several equity option awards exercisable into common stock. Exercise prices are $0.42 or $1.70 per share, with expiration dates ranging from June 11, 2032 to June 28, 2035, covering blocks of 4,777, 3,185, 1,057, and 16,000 shares.

Is the Series CF-2 Warrant held by Paul Morin in OBAI near-term or long-dated?

The Series CF-2 Warrant for 1,553 common shares is exercisable starting July 14, 2025 and expires on February 4, 2028. This makes it a medium-term warrant, with a $3.8643 exercise price and a defined window for potential exercise.