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[Form 4] RadNet, Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Positive)
Form Type
4
Rhea-AI Filing Summary

RadNet, Inc. (RDNT) disclosed that its President, CEO and director exercised previously granted stock options and acquired additional common shares. On 11/19/2025, he exercised options to buy 103,969 shares of common stock at an exercise price of $18.64 per share, increasing his directly held stake to 322,420 shares. On the same date, he exercised another block of options for 25,992 shares at $18.64, bringing his direct holdings to 348,412 shares.

The filing shows an additional 20,000 shares of RadNet common stock held indirectly through his spouse. The options exercised were originally granted on January 3, 2023 as retention awards, with vesting tied to continued service and, for one grant, to RadNet’s fiscal year 2023 performance, which resulted in 100% performance-based vesting.

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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*
Berger Howard G

(Last) (First) (Middle)
C/O RADNET, INC.
1510 COTNER AVE.

(Street)
LOS ANGELES CA 90025

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
RadNet, Inc. [ RDNT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President, CEO
3. Date of Earliest Transaction (Month/Day/Year)
11/19/2025
4. 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 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)
Code V Amount (A) or (D) Price
Common Stock 11/19/2025 M 103,969 A $18.64 322,420 D
Common Stock 11/19/2025 M 25,992 A $18.64 348,412 D
Common Stock 20,000 I By Spouse
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $18.64 11/19/2025 M 103,969 (1) 01/03/2033 Common Stock 103,969 $0 0 D
Stock Option (right to buy) $18.64 11/19/2025 M 25,992 (2) 01/03/2033 Common Stock 25,992 $0 51,984 D
Explanation of Responses:
1. Issued in connection with retention of employment. 103,969 shares of common stock of RadNet, Inc. (the "Issuer") were granted on January 3, 2023, as reported on the reporting person's Form 4 filed with the Securities and Exchange Commission (the "SEC") on January 3, 2023. Subject to the reporting person's continued service, the option vested as to one-third of the shares on March 10, 2023, one-third of the shares on March 10, 2024, and one-third of the shares on March 10, 2025, or the first business day thereafter if such date falls on a weekend or holiday, respectively.
2. Issued in connection with retention of employment. 77,976 shares of common stock of the Issuer were granted on January 3, 2023, subject to performance and time-based vesting and as reported on the reporting person's Form 4 filed with the SEC on March 4, 2024. As a result of the Issuer's performance for fiscal year 2023, 100% of the shares subject to the option vested as to the performance-based vesting requirements and, subject to the reporting person's continued service, such performance vested option shares will vest as to the time-based vesting requirements in three equal annual installments on March 10, 2025, March 10, 2026, and March 10, 2027, respectively.
/s/ Jose Gamez, Attorney-in-Fact 11/21/2025
** 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.

FAQ

What insider transaction did RadNet (RDNT) report in this Form 4?

The President, CEO and director of RadNet, Inc. (RDNT) reported exercising stock options on 11/19/2025 and acquiring additional shares of RadNet common stock.

How many RadNet (RDNT) shares did the CEO acquire through option exercises?

He exercised options to acquire 103,969 shares of common stock at $18.64 per share and a separate block of 25,992 shares at $18.64 per share.

What are the CEO’s RadNet (RDNT) share holdings after these transactions?

Following the reported transactions, he directly owns 348,412 RadNet common shares, and an additional 20,000 shares are held indirectly by his spouse.

What were the terms of the RadNet (RDNT) stock options exercised?

The options had an exercise price of $18.64 per share and were originally granted on January 3, 2023 as retention awards with time-based vesting, and for one grant, additional performance-based vesting.

How were performance conditions applied to the RadNet (RDNT) option grant?

One grant covering 77,976 shares vested on a performance basis tied to RadNet’s fiscal year 2023 results. After 100% performance-based vesting, the shares are scheduled to vest on a time basis in three equal annual installments on March 10, 2025, March 10, 2026, and March 10, 2027, subject to continued service.

What executive roles does the reporting person hold at RadNet (RDNT)?

The reporting person serves as a director and as an officer, with the title President, CEO of RadNet, Inc.

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6.11B
67.18M
12.73%
94.2%
7.83%
Diagnostics & Research
Services-medical Laboratories
Link
United States
LOS ANGELES