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FONAR CORP·4

May 29, 5:23 PM ET

shane hilary 4

Research Summary

AI-generated summary

Updated

FONAR (FONR) 10% Owner Shane Hilary Buys Shares

What Happened
Shane Hilary, listed as a 10% owner of FONAR Corp (FONR), acquired a total of 267,339 shares via open-market purchases on May 28–29, 2026. The purchases were executed at $19.05 per share and total about $5,092,808. These were outright purchases (transaction code P), which are purchases rather than sales.

Key Details

  • Transaction dates and amounts:
    • 2026-05-28: 225,426 shares @ $19.05 = $4,294,365
    • 2026-05-29: 41,758 shares @ $19.05 = $795,490
    • 2026-05-29: 155 shares @ $19.05 = $2,953
  • Total acquired: 267,339 shares for ~$5.09M at $19.05/share.
  • Filing: Form 4 filed 2026-05-29 reporting transactions on 2026-05-28 and 2026-05-29 (no indication in the supplied data that the filing was late).
  • Footnotes:
    • F1: Shares are held directly by ODS Capital LLC; Shane Hilary is the managing member and may be deemed to beneficially own those securities.
    • F2: Shares are held directly by the Oliver Shane Irrevocable Trust; Shane Hilary is the grantor and may be deemed to own those securities.
  • Shares owned after the transaction are not specified in the provided summary — see the full Form 4 for post-transaction holdings.

Context
These were open-market purchases (code P). As a reported 10% owner, Shane Hilary is a large shareholder; such purchases indicate the insider increased his stake but do not, by themselves, reveal motivation. For more details or to confirm current insider ownership, consult the full SEC filing (Accession No. 0001477932-26-003503).