VESEY MICHAEL 4
4 · Forian Inc. · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Forian (FORA) CFO Michael Vesey Withholds 4,918 Shares for Taxes
What Happened Michael Vesey, Chief Financial Officer of Forian Inc. (FORA), had 4,918 shares withheld to satisfy tax withholding obligations in connection with the net settlement of vested restricted stock units. The withholding was recorded at $2.10 per share, totaling $10,328. This was a tax-withholding disposition (not an open-market sale).
Key Details
- Transaction date: 2026-02-13; withholding price: $2.10; total value withheld: $10,328.
- Transaction code: F (tax withholding in connection with net settlement of RSUs).
- Shares owned after the transaction: not specified in this Form 4.
- Footnote: Issuer withheld the shares to satisfy tax obligations—this was not a market sale (F1).
- Form 4 filed: 2026-02-18 (reporting period 2026-02-13); filing shows the withholding event only.
Context This was a routine tax-withholding event following RSU vesting, where the company retained shares to cover taxes rather than Vesey selling shares on the open market. Such withholdings are administrative and do not necessarily signal insider sentiment about the stock.
Insider Transaction Report
Form 4
Forian Inc.FORA
VESEY MICHAEL
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
[F1]2026-02-13$2.10/sh−4,918$10,328→ 589,610 total
Footnotes (1)
- [F1]Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units and not a market transaction.
Signature
/s/ Michael Vesey|2026-02-18