4/A: Forian Inc. Executive Chairman Max Wygod Corrects and Updates Beneficial Ownership

Max Wygod, Executive Chairman, CEO, and President of Forian Inc., files an amended Form 4 to correct transaction codes and update the number of shares beneficially owned.

Summary

• Max Wygod, the Executive Chairman, CEO, and President of Forian Inc., filed an amended Form 4 with the SEC.
• The amendment corrects a previous filing from August 18, 2023, which inadvertently reported the total number of shares beneficially owned as 1,282,748 instead of the correct number of 1,282,750.
• The amendment also corrects the transaction code for a purchase on January 23, 2025, from 'A' to 'P'.
• On January 23, 2025, Wygod purchased 3,822 shares of common stock at a weighted average price of $2.1, with prices ranging from $2.08 to $2.20.
• On January 24, 2025, Wygod purchased 8,000 shares of common stock at a weighted average price of $2.24, with prices ranging from $2.15 to $2.28.
• Following these transactions, Wygod directly owns 1,294,572 shares of Forian Inc.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting previous errors and reporting insider transactions. It doesn't contain any particularly positive or negative news, but transparency is generally viewed favorably.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions and beneficial ownership.

Key Dates

Keywords

Form 4, Beneficial Ownership, Forian Inc., Max Wygod, Amendment, SEC Filing, Shares, Stock