EDAP Director Joshua Levine Buys 10,000 Shares

What Happened

• Joshua Levine, a director of EDAP TMS SA (EDAP), acquired 10,000 ordinary shares on August 14, 2026. The reported purchase price was $4.75 per share, for a total reported value of $47,500. This was a purchase (code P), which investors often view as more informative than routine sales.

Key Details

• Transaction date and price: 2026-08-14 — 10,000 shares at $4.75 each.
• Total value: $47,500.
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes: F2 indicates these ordinary shares were purchased in connection with an underwritten public offering of American Depositary Shares (each ADS represents one ordinary share). F1 clarifies "common stock" refers to the issuer’s ordinary shares.
• Filing timeliness: The Form 4 was filed on 2026-08-17 (three days after the transaction); this appears to be later than the typical two-business-day deadline under Section 16 and may be considered late.

Context

• The purchase was connected to an underwritten ADS offering rather than a routine open-market buy, per the filing footnote. That distinction means the shares were acquired in the offering process, not necessarily indicative of an open-market accumulation strategy. As always, filings are factual records of transactions and do not explain the insider’s motivations.