Ugur Agah 4

What Happened

• Ugur Agah, a director of Marti Technologies, was issued 3,199 Class A Ordinary Shares on March 31, 2026. The shares were granted at $0.00 (no cash outlay) as an award under the company’s 2023 Incentive Award Plan and reported on a Form 4 filed April 2, 2026. This was a compensation award (code A), not an open‑market purchase or sale.

Key Details

• Transaction date and price: 2026-03-31; grant price $0.00 per share (total cash consideration $0).
• Filing date: April 2, 2026 — appears to be filed within the Form 4 required timeframe.
• Shares owned after transaction: not specified in the transaction detail on the Form 4 (filing does not disclose total beneficial ownership after this grant).
• Footnotes of note:
  • F1: These 3,199 shares were issued in lieu of Ugur Agah’s cash retainer for Q1 2026 board service.
  • F2: The filing also references 31,512 Class A shares underlying restricted stock units granted under the 2023 Incentive Award Plan that vest by the earlier of the company’s 2026 annual meeting or December 24, 2026, subject to continued service.

Context

• This transaction is a routine director compensation award rather than a market purchase or sale; such grants are common and do not necessarily indicate the insider’s view on the stock price. The separate RSUs noted (31,512 shares) are time‑based and subject to continued service before vesting.