4/A: Forian Inc. Executive Chairman Max Wygod Amends SEC Filing to Correct Transaction Codes
SEC Filing
Max Wygod, Executive Chairman, CEO & President of Forian Inc., amended a previous SEC filing to correct transaction codes related to common stock purchases made in February 2025.
Summary
- Max Wygod, the Executive Chairman, CEO & President of Forian Inc., filed an amendment to a Form 4 with the SEC.
- The amendment corrects the transaction codes for common stock purchases made on February 6, 7, and 10, 2025.
- The corrected filing shows purchases of 1,800 shares at $2.48, 2,000 shares at $2.49, and 1,800 shares at $2.45, respectively.
- Following these transactions, Wygod beneficially owns 1,312,180 shares of Forian Inc. common stock.
- The filing clarifies that the reported prices are weighted averages, with specific price ranges provided for each transaction date.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing. The sentiment is neutral as it simply corrects a previous filing.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- It ensures compliance with SEC regulations, maintaining investor confidence.
Key Dates
| Date | Description |
|---|---|
| 02/06/2025 | Wygod purchased 1,800 shares of common stock at a weighted average price of $2.48. |
| 02/07/2025 | Wygod purchased 2,000 shares of common stock at a weighted average price of $2.49. |
| 02/10/2025 | Wygod purchased 1,800 shares of common stock at a weighted average price of $2.45. |
| 02/10/2025 | Original Form 4 filed. |
| 02/13/2025 | Date of the amended filing. |
Keywords
Form 4, Amendment, Beneficial Ownership, Common Stock, Forian Inc., Max Wygod, SEC Filing, FORA
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