Spectral AI (MDAI) Director John DiMaio Receives 32,000 Shares

What Happened John Michael DiMaio, a director of Spectral AI, reported two award/acquisition transactions (Form 4 code A). On 2026-09-18 he acquired 10,988 shares at a weighted average price of $1.61 (≈ $17,691). On 2026-09-21 he acquired 21,012 shares at a weighted average price of $1.69 (≈ $35,510). Combined, DiMaio acquired 32,000 shares for roughly $53,201. These are acquisitions (awards/other acquisitions), not sales.

Key Details

• Transaction dates and prices:
  • 2026-09-18: 10,988 shares @ $1.61 (weighted avg) — $17,691
  • 2026-09-21: 21,012 shares @ $1.69 (weighted avg) — $35,510
• Total shares acquired: 32,000; total reported value ≈ $53,201.
• Shares owned after transaction: Not specified in the provided Form 4 excerpt.
• Notable footnotes from the filing:
  • F1: Reported prices are weighted averages from multiple transactions; the reporting person can provide per-trade prices on request.
  • F2–F4: Refer to option vesting status (100% vested for some options; 100,000 options vested with 150,000 contingent on milestones).
  • F5: RSU vesting schedule noted (50% vested Apr 20, 2026; remaining 50% vests Apr 1, 2027).
• Filing timeliness: Form filed on 2026-09-21 for transactions on 2026-09-18 and 2026-09-21; no late-filing flag provided in the excerpt.

Context

• Code A (award/grant/other acquisition) can reflect company-issued shares, awards, or other non-open-market acquisitions — not necessarily an open-market purchase. F1 indicates some purchases underlying the reported prices were executed in multiple trades.
• The filing also includes notes about option and RSU vesting; if these shares relate to vested awards or option conversions, that could explain the acquisitions. The report does not show any immediate sale of these shares.
• As always, insider purchases are factual data points for investors; they do not, by themselves, prove future performance.