Lamendola Damien 4

What Happened

• Damien Lamendola, CEO of Marpai, Inc. (MRAI), was granted 300,000 restricted stock units (RSUs) on May 29, 2026. The award was reported at $0 per share (no cash purchase) and is described as fully vested on the issuance date under the company plan. This is a compensation award rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-05-29; Filing date: 2026-06-02 (filed within the Form 4 two-business-day window).
• Grant size and price: 300,000 RSUs @ $0.00 (no cash paid).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Notable footnotes:
  • F1: RSUs granted under Marpai’s 2024 Global Stock Incentive Plan and deemed fully vested on issuance.
  • F2/F3: Some or all securities are held through entities (HillCour Investment Fund, LLC and WellEnterprises USA, LLC) over which Mr. Lamendola holds voting and dispositive power.
• Transaction type: Award/Grant (code A) — not an outright purchase or sale.

Context

• RSU grants are typically compensation; because these RSUs are noted as fully vested on issuance, they likely convert to ordinary shares subject to any transfer restrictions and reporting. No cash changed hands, so this does not represent a personal cash investment by the CEO.
• Holdings reported through controlled entities mean the economic and voting interests are held indirectly; this is common for executives who use investment vehicles for ownership.