Caroline Strickland McGrail - 15 May 2026 Form 4 Insider Report for Forian Inc. (FORA)

Reporting relationship: General Counsel
Issuer ticker: FORA
Reported as of: 15 May 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 15 May 2026, 17:24:54 UTC
Prior SEC filing: 04 Nov 2025
Source filing: View source filing
Reporting owner signature: /s/ Caroline McGrail

Key filing fact

Caroline Strickland McGrail filed Form 4 for Forian Inc. (FORA) on 15 May 2026.

Key facts

This page summarizes Caroline Strickland McGrail's Form 4 filing for Forian Inc. (FORA).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 15 May 2026, 17:24.

Change

Previous filing in this sequence was filed on 04 Nov 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002088049 Primary reporting owner

McGrail Caroline Strickland

Relationship: General Counsel
Address: C/O FORIAN INC., 41 UNIVERSITY DRIVE, SUITE 400, NEWTOWN
Signature: /s/ Caroline McGrail
Signature date: 15 May 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FORA transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -150,000
Change %: -100%
Price
Shares after: 0
Date: 15 May 2026
Ownership: Direct
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Caroline Strickland McGrail is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

Represents unvested restricted stock units ("RSU").

Footnote F2

Pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement"), dated April 2, 2026, by and between Forian Inc., a Maryland corporation (the "Issuer"), 2025 Acquisition Company, LLC, a Delaware limited liability company ("Parent"), and Bravo Merger Sub, Inc., a Maryland corporation and wholly owned subsidiary of Parent ("Merger Sub"), on May 15, 2026, Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly owned subsidiary of Parent. At the effective time of the Merger (the "Effective Time"), each unvested RSU or portion thereof that was outstanding as of immediately prior to the Effective Time was cancelled and converted into a right to receive an amount in cash equal to the product of (i) the total number of shares subject to such unvested RSU immediately prior to the Effective Time multiplied by (ii) $2.17.