Spectral AI (MDAI) director awarded 25,000 shares and reports vested options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Spectral AI, Inc. director Sadagopan Deepak reported a compensation-related equity award. On April 24, 2026, he received 25,000 shares of Common Stock at a price of $0.00 per share as a grant or award, bringing his directly held common shares to 25,000. He also holds fully vested stock options over additional common shares with exercise prices between $1.25 and $1.67 per share, and 25,000 restricted stock units tied to the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Sadagopan Deepak
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,000 | $0.00 | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | NQSO | -- | -- | -- |
| holding | NQSO | -- | -- | -- |
| holding | NQSO | -- | -- | -- |
| holding | NQSO | -- | -- | -- |
Holdings After Transaction:
Common Stock — 25,000 shares (Direct, null);
Restricted Stock Unit — 25,000 shares (Direct, null);
NQSO — 21,166 shares (Direct, null)
Footnotes (1)
- The total includes 25,000 restricted stock units ("RSUs"), which are fully vested and were issued on 4/24/2026. 50% of the RSUs vested on April 20, 2026. 50% of the RSUs will vest on April 1, 2027. 100% of the stock options were vested as of the date hereof.
Key Figures
Common shares granted: 25,000 shares
Post-grant common holdings: 25,000 shares
Option strike price 1: $1.27/share
+3 more
6 metrics
Common shares granted
25,000 shares
Grant of Common Stock on April 24, 2026 at $0.00
Post-grant common holdings
25,000 shares
Total Common Stock directly held after the award
Option strike price 1
$1.27/share
NQSO covering 17,717 underlying Common shares, expiring April 24, 2035
Option strike price 2
$1.25/share
NQSO covering 50,000 underlying Common shares, expiring April 23, 2035
Option strike price 3
$1.67/share
Two NQSO grants over 20,352 and 21,166 shares, expiring May 15, 2034
Restricted stock units
25,000 RSUs
RSUs tied to Common Stock, issued April 24, 2026
Key Terms
NQSO, Restricted Stock Unit, transaction code A, vested, +1 more
5 terms
NQSO financial
"security_title: "NQSO" with underlying Common Stock and exercise prices"
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit" with 25,000 underlying Common shares"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
transaction code A regulatory
"transaction_code: "A" and description "Grant, award, or other acquisition""
vested financial
"footnote: "100% of the stock options were vested as of the date hereof.""
restricted stock units ("RSUs") financial
"footnote: "The total includes 25,000 restricted stock units ("RSUs"), which are fully vested""
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
FAQ
What did Spectral AI (MDAI) director Sadagopan Deepak report in this Form 4?
Director Sadagopan Deepak reported receiving 25,000 shares of Spectral AI Common Stock as a grant on April 24, 2026. The award was recorded at a price of $0.00 per share and reflects compensation, not an open-market purchase or sale of shares.
What stock options does Sadagopan Deepak hold in Spectral AI (MDAI)?
He holds non-qualified stock options over multiple blocks of Common Stock, including 17,717 shares at a $1.27 exercise price and 50,000 shares at $1.25. Additional options at $1.67 per share expire in 2034 and 2035, all reported as fully vested.
Does Sadagopan Deepak hold restricted stock units (RSUs) in Spectral AI (MDAI)?
Yes, he holds 25,000 restricted stock units linked to Spectral AI Common Stock. Footnotes state these RSUs were issued on April 24, 2026, are included in his total equity position, and have a vesting schedule with portions vesting in 2026 and 2027.
Does this Spectral AI (MDAI) Form 4 show any insider sales?
No insider sales are shown in this Form 4. The transaction summary reports one acquisition via grant and no sell transactions, gifts, tax withholdings, or option exercises, indicating this filing is primarily a disclosure of new and existing equity awards.