Spectral AI director granted 32,000 shares
A Spectral AI director received two Common Stock awards and reports sizeable option and RSU holdings with defined vesting and exercise terms.
Rhea-AI Filing Summary
Spectral AI, Inc. (MDAI) reported that director John Michael DiMaio received two equity awards of the company’s Common Stock, acquiring 22,000 shares on September 11, 2026 at a reported weighted average price of $1.59 per share and 10,000 shares on September 10, 2026 at a reported weighted average price of $1.56 per share, each described as a grant or award. The filing also lists outstanding equity incentives held directly by him, including fully vested incentive stock options over 5,292 and 20,352 shares at an exercise price of $1.67 expiring in 2034, non-qualified stock options over 250,000 shares at an exercise price of $1.25 expiring in 2035 (with 100,000 vested and 150,000 vesting upon milestone achievement), and 100,000 restricted stock units tied to Common Stock, half of which vested on April 20, 2026 and the remainder scheduled to vest on April 1, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 32,000 shares
Grant/Award
6 txns
Insider
DiMaio John Michael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 22,000 | $1.59 | $35K |
| Grant/Award | Common Stock F1 | 10,000 | $1.56 | $16K |
| holding | ISO F2 | -- | -- | -- |
| holding | ISO F3 | -- | -- | -- |
| holding | NQSO F4 | -- | -- | -- |
| holding | Restricted Stock Unit F5 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,798,847 shares (Direct);
ISO — 25,644 contracts (Direct);
NQSO — 250,000 contracts (Direct);
Restricted Stock Unit — 100,000 contracts (Direct)
Footnotes (5)
- F1. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- F2. 100% of the stock options vested on the date of issuance.
- F3. 100% of the stock options were vested as of the date hereof.
- F4. 100,000 of the stock options were vested as of the date hereof. The remaining 150,000 stock options vest upon the achievement of certain milestones.
- F5. 50% of the RSUs vested on April 20, 2026. 50% of the RSUs will vest on April 1, 2027.
Key Figures
Common Stock grant on September 11, 2026: 22,000 shares at $1.59 per share
Common Stock grant on September 10, 2026: 10,000 shares at $1.56 per share
Incentive stock options (first tranche): 5,292 underlying shares at $1.67 exercise price
+3 more
6 metrics
Common Stock grant on September 11, 2026
22,000 shares at $1.59 per share
Grant/award acquisition of Spectral AI Common Stock to director John Michael DiMaio
Common Stock grant on September 10, 2026
10,000 shares at $1.56 per share
Grant/award acquisition of Spectral AI Common Stock to director John Michael DiMaio
Incentive stock options (first tranche)
5,292 underlying shares at $1.67 exercise price
Fully vested ISO expiring May 15, 2034, held directly
Incentive stock options (second tranche)
20,352 underlying shares at $1.67 exercise price
Fully vested ISO expiring May 15, 2034, held directly
Non-qualified stock options
250,000 underlying shares at $1.25 exercise price
NQSO expiring April 23, 2035; 100,000 vested, 150,000 milestone-based vesting
Restricted Stock Units
100,000 underlying shares
50% vested April 20, 2026; remaining 50% vest April 1, 2027
Key Terms
Incentive stock option, Non-qualified stock option, Restricted Stock Unit, weighted average price, +1 more
5 terms
Incentive stock option financial
"He holds fully vested incentive stock options over 5,292 and 20,352 shares"
An incentive stock option is a type of employee benefit that gives a worker the right to buy company shares at a fixed price, with special tax advantages if the employee holds the shares for a required period. Think of it as a coupon to buy future shares at today’s price that can result in lower tax on the gain. Investors care because ISOs can dilute share count, align staff incentives with the stock price, and affect company compensation costs and the timing of potential share sales.
Non-qualified stock option financial
"The filing lists non-qualified stock options over 250,000 shares of Common Stock"
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
Restricted Stock Unit financial
"He holds 100,000 restricted stock units linked to Spectral AI Common Stock"
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.
weighted average price financial
"at a reported weighted average price of $1.59 per share"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
milestones financial
"The remaining 150,000 stock options vest upon the achievement of certain milestones"
Milestones are specific, measurable progress points a company aims to reach during a project—like completing a clinical trial step, securing a regulatory approval, or hitting a sales target. They matter to investors because each checkpoint reduces uncertainty about the business plan, can trigger payments or changes in valuation, and often signals whether future revenue or growth is likely, similar to passing checkpoints on a racecourse that show how close you are to the finish line.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Spectral AI (MDAI) report in this Form 4 for John Michael DiMaio?
The Form 4 reports that director John Michael DiMaio received two equity awards of Common Stock, totaling 32,000 shares, and discloses his outstanding stock options and restricted stock units linked to Spectral AI’s Common Stock.
What non-qualified stock options in Spectral AI (MDAI) are reported for John Michael DiMaio?
The filing lists non-qualified stock options over 250,000 shares of Common Stock with an exercise price of $1.25 per share expiring on April 23, 2035. 100,000 of these options are vested; the remaining 150,000 vest upon achievement of specified milestones.
What restricted stock units tied to MDAI Common Stock does John Michael DiMaio hold?
He holds 100,000 restricted stock units linked to Spectral AI Common Stock. According to the disclosure, 50% vested on April 20, 2026, and the remaining 50% are scheduled to vest on April 1, 2027.
Were the transactions in this Spectral AI (MDAI) Form 4 made under a Rule 10b5-1 trading plan?
No. The document-level checkbox for Rule 10b5-1 plans is marked negative, and there is no footnote indicating that the reported equity awards or holdings were made pursuant to a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
