SHIV SAGIV 4
4 · Marpai, Inc. · Filed Apr 8, 2026
Research Summary
AI-generated summary of this filing
Marpai (MRAI) Director Shiv Sagiv Receives 100,000-Share Award
What Happened
Shiv Sagiv, a director of Marpai, Inc. (MRAI), received an award of 100,000 restricted stock units (RSUs) on February 19, 2026. The RSUs were granted at $0.00 (no cash paid) under the company's 2024 Global Stock Incentive Plan. One-third of the award vested immediately on the grant date.
Key Details
- Transaction date: 2026-02-19 — Grant/Award (code A) of 100,000 RSUs. Price reported: $0.00; aggregate acquisition value: $0.
- Filing date / accession: Form 4 filed 2026-04-08 (for period of report 2026-02-19). This was filed well past the usual 2-business-day Form 4 window (a late filing).
- Shares owned after transaction: not specified in the provided filing.
- Grant plan: Marpai Inc.’s 2024 Global Stock Incentive Plan.
- Vesting footnote: 1/3 vested on Feb 19, 2026; 1/3 vests upon execution of a board‑approved letter of intent or similar indicating interest in a strategic transaction; final 1/3 vests on closing of that strategic transaction — all subject to continued service.
Context
This was an equity award (RSUs), not an open‑market purchase or sale. Awards are common for directors and are compensation/retention tools; the immediate one‑third vesting converts to shares subject to any company transfer restrictions and tax rules. The later tranches depend on a potential strategic transaction and continued service, so future vesting is contingent. The late Form 4 filing is a compliance item to note but does not, by itself, indicate trading intent.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-02-19+100,000→ 522,000 total
Footnotes (1)
- [F1]The restricted stock units ("RSUs") were granted pursuant to the Marpai Inc.'s (the "Company") 2024 Global Stock Incentive Plan. One-third (1/3) of the RSUs vested on February 19, 2026 (the "Effective Date"), one-third (1/3) of the RSUs vest upon the execution of a letter of intent or other comparable indication of interest approved by the Company's Board of Directors in connection with a potential strategic transaction (the "Strategic Transactions"), and the remaining one-third (1/3) of the RSUs vest upon the closing of the Strategic Transaction, in each case subject to the reporting person's continued service through the applicable vesting date.