shane hilary 4

What Happened

• Shane Hilary, identified as a 10% owner of FONAR Corp (FONR), purchased 71,414 shares on 2026-05-27 at $18.99 per share, for a total reported value of $1,356,152. The filing lists the transaction as an "Open market or private purchase" (code P). Purchases by insiders are typically viewed as a bullish signal, though filings are factual and do not explain motivation.

Key Details

• Transaction date and price: 2026-05-27 at $18.99 per share (code P — purchase).
• Shares acquired: 71,414; Total value: $1,356,152.
• Shares owned after transaction: Not specified in the filing.
• Footnote: Shares are held directly by ODS Capital LLC; Shane Hilary is the managing member and may be deemed to beneficially own the LLC’s holdings (Footnote F1).
• Filing timeliness: Reported and filed on 2026-05-27 (no late filing indicated).

Context

• As a reported 10% owner, Hilary’s purchase reflects beneficial ownership through an LLC rather than necessarily direct executive trading. Retail investors should note this distinction; purchases by large shareholders can signal confidence but do not guarantee future performance.