Berger Howard G 4
4 · RadNet, Inc. · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
RadNet (RDNT) CEO Howard G. Berger Exercises Options
What Happened Howard G. Berger, President, CEO and a director of RadNet, exercised options to acquire 25,992 shares on 2026-05-05 by paying $18.64 per share for a total cash outlay of $484,491. The filing also reports a corresponding cancellation/disposition of the derivative option units for 25,992 shares at $0, which reflects the option being converted into common stock. There was no reported open-market sale of the newly acquired shares.
Key Details
- Transaction date: 2026-05-05; Form 4 filed 2026-05-06 (timely).
- Exercise: 25,992 shares acquired at $18.64/share for $484,491 (transaction code M).
- Derivative/option cancelled: 25,992 units reported disposed at $0 (transaction code M).
- Shares owned after transaction: not specified in the excerpt provided.
- Footnote: These shares come from a 77,976-share retention award granted 2023-01-03 subject to performance/time vesting. Performance vesting was met for FY2023; time-based vesting occurs in three equal installments on 3/10/2025, 3/10/2026, and 3/10/2027 — the 25,992 exercised equals one-third of the original award.
- No 10b5-1 plan, tax-withholding, or late-filing flags noted in the supplied details.
Context This was an option exercise (insider acquiring shares by paying the strike), not an open-market purchase or sale. The duplicate entries (acquisition and $0 disposition) are a standard Form 4 reporting convention showing conversion of option/derivative units into common shares. Purchases/exercises can signal insider confidence but do not by themselves reveal motivation; stay aware that these shares originated from a previously granted retention award with scheduled vesting.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-05-05$18.64/sh+25,992$484,491→ 498,405 total - Exercise/Conversion
Stock Option (right to buy)
[F1]2026-05-05−25,992→ 25,992 totalExercise: $18.64Exp: 2033-01-03→ Common Stock (25,992 underlying)
- 20,000(indirect: By Spouse)
Common Stock
Footnotes (1)
- [F1]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 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.