iCAD INC Executive Disposes of 100,000 Shares

Strategic Insights -

Brown Dana R, President and Chief Executive Officer of iCAD INC [ ICAD ], disposed of 100,000 shares of the company's stock at the rate of $1.85 per share on July 17, 2025. This significant disposal highlights a notable change in the executive's ownership stake in the company. The transaction is a part of the larger context of iCAD INC's ongoing business development, with implications for investors and stakeholders.

Key Takeaways:

  • Brown Dana R, iCAD INC's President and Chief Executive Officer, disposed of 100,000 shares of the company's stock on July 17, 2025.
  • The shares were sold at the rate of $1.85 per share, resulting in a total transaction value of $185,000.
  • This disposal marks a notable change in the executive's ownership stake in the company, potentially influencing future business direction.
  • The transaction is part of the company's ongoing development, with RadNet assuming iCAD Options with an exercise price of less than $7.20.
  • Eligible iCAD Options were converted into options for RadNet Stock, with a significant change in exercise price and number of shares.

Statistics:

  • Transaction Value: $185,000
  • Number of Shares Disposed: 100,000
  • Sale Price per Share: $1.85
  • Exercise Price per Share of Converted iCAD Option: $0.262 (calculated by dividing $1.85 by the Exchange Ratio of 7.00)
  • Number of Elapsed Days Since Effective Time: Not specified in the source material

Sources:

  • Form 4 filed by ICAD INC with The Securities and Exchange Commission on July 17, 2025.