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Forian (FORA) executive Spaniel received 175,000 shares

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Insider transactions reported

Edward Francis Spaniel Jr (EVP, Gen Counsel & Secretary at Forian Inc., FORA) reported that they received 175,000 shares on Jan 12, 2024. After these transactions the filing shows 817,661 shares held directly.

Reporting person
Spaniel Edward Francis Jr
Role
EVP, Gen Counsel & Secretary
Common stock and other non-derivative transactions
DateTypeSecuritySharesPriceValueHeld after
Jan 12, 2024Grant or award (A)Common Stock1+175,000--817,661 direct

Options and other derivatives

Options and other derivative transactions
DateTypeSecuritySharesPriceValueHeld after
Jan 12, 2024Grant or award (A)Stock Option (right to buy)On 175,000 Common Stock3+175,000--175,000 direct

Holdings before and after

  • Common Stock: 642,661 to 817,661 direct
  • Stock Option (right to buy): 0 to 175,000 direct

Other positions listed

  • Common Stock: 1,831,526 indirect, By Dublin Family Trust

Footnotes from the filing

  1. 1. Represents 175,000 restricted stock units ( RSU ), which vest in four equal annual installments beginning on January 12, 2025. RSUs convert into common stock on a one-for-one basis.
  2. 2. The shares held by The Adam H. Dublin 2019 Family Trust of which the Reporting Person is co-trustee and has joint investment and dispositive power and the Reporting Person disclaims beneficial ownership of these shares.
  3. 3. The stock option vests 25% on January 12, 2025, and thereafter the remaining 75% vests in 12 equal quarterly installments.

Transaction codes in this filing

Grant or award:
Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.

FAQ

What did Spaniel report in this FORA Form 4?

Edward Francis Spaniel Jr (EVP, Gen Counsel & Secretary at Forian Inc., FORA) reported that they received 175,000 shares on Jan 12, 2024. After these transactions the filing shows 817,661 shares held directly.

How many FORA shares does Spaniel hold after this filing?

The filing shows 817,661 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.

What does transaction code A mean on an SEC Form 4?

Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.

Historical context for FORA

Earlier insider filings at FORA

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