Michael Vesey - 15 May 2026 Form 4 Insider Report for Forian Inc. (FORA)

Reporting relationship: Chief Financial Officer
Issuer ticker: FORA
Reported as of: 15 May 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 15 May 2026, 17:24:59 UTC
Prior SEC filing: 18 Feb 2026
Source filing: View source filing
Reporting owner signature: /s/ Michael Vesey

Key filing fact

Michael Vesey filed Form 4 for Forian Inc. (FORA) on 15 May 2026.

Key facts

This page summarizes Michael Vesey's Form 4 filing for Forian Inc. (FORA).
6 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 15 May 2026, 17:24.

Change

Previous filing in this sequence was filed on 18 Feb 2026.
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 0001324089 Primary reporting owner

VESEY MICHAEL

Relationship: Chief Financial Officer
Address: C/O FORIAN INC., 41 UNIVERSITY DRIVE, SUITE 400, NEWTOWN
Signature: /s/ Michael Vesey
Signature date: 15 May 2026

Reported non-derivative transactions

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

FORA transaction

Common Stock

Disposition pursuant to a tender of shares in a change of control transaction

Transaction value
Shares: -139,610
Change %: -24%
Price
Shares after: 450,000
Date: 15 May 2026
Ownership: Direct
Footnotes: F1, F2

FORA transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -450,000
Change %: -100%
Price
Shares after: 0
Date: 15 May 2026
Ownership: Direct
Footnotes: F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FORA transaction Derivative

Stock Option (right to buy)

Disposed to Issuer

Transaction value
Shares: +175,000
Change %
Price
Shares after: 0
Date: 15 May 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 175,000
Exercise price: $2.67
Footnotes: F4

FORA transaction Derivative

Stock Option (right to buy)

Disposed to Issuer

Transaction value
Shares: +185,000
Change %
Price
Shares after: 0
Date: 15 May 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 185,000
Exercise price: $3.79
Footnotes: F4

FORA transaction Derivative

Stock Option (right to buy)

Disposed to Issuer

Transaction value
Shares: +200,000
Change %
Price
Shares after: 0
Date: 15 May 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 200,000
Exercise price: $2.98
Footnotes: F4

FORA transaction Derivative

Stock Option (right to buy)

Disposed to Issuer

Transaction value
Shares: +350,000
Change %
Price
Shares after: 0
Date: 15 May 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 350,000
Exercise price: $10.62
Footnotes: F4

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

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

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

Explanation of responses 4 footnotes

Footnote F1

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, Parent and Merger Sub completed a tender offer for the shares of the Issuer's common stock (the "Shares"). In exchange for each Share, tendering shareholders received $2.17 per Share (the "Offer Price"), payable in cash, without interest and subject to any applicable withholding taxes.

Footnote F2

Represents unvested restricted stock units ("RSUs").

Footnote F3

On May 15, 2026, pursuant to the terms of the Merger Agreement, 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) the Offer Price.

Footnote F4

At the Effective Time, each stock option that was either (i) unvested or (ii) that had a per share exercise price per Share that was equal to or more than the Offer Price that was then outstanding and unexercised as of immediately prior to the Effective Time was cancelled without any consideration payable therefor.