shane hilary 4

What Happened

• Shane Hilary, a reported 10% owner of FONAR Corp. (FONR), made two purchases on June 2, 2026, acquiring a total of 215,336 shares. He bought 196,336 shares at $19.10 each ($3,750,018) and 19,000 shares at $19.12 each ($363,280), for a combined cost of approximately $4,113,298. These were purchases (P), which are typically interpreted as insider buying rather than selling.

Key Details

• Transaction dates and prices: June 2, 2026 — 196,336 shares @ $19.10; June 2, 2026 — 19,000 shares @ $19.12.
• Total shares purchased: 215,336; total value: ~$4.11 million.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: F1 — shares held directly by ODS Capital LLC, for which he is managing member; F2 — shares held by Oliver Shane Irrevocable Trust, of which he is grantor. He may be deemed to beneficially own securities held by those entities.
• Filing timeliness: Form filed June 4, 2026 reporting June 2 transactions; this appears to be timely (within the standard two-business-day Form 4 window).

Context

• As a 10% owner, these purchases represent activity by a large beneficial owner (via LLC/trust), not an ordinary employee trade; holdings may be institutional or owner-level rather than routine employee compensation. The filing shows outright purchases, not option exercises, gifts, or sales.