MRAI Form 4/A: 75,000 RSUs Vest for Director; Amended Ownership Figure
Rhea-AI Filing Summary
Marpai, Inc. director Eitan Yaron received 75,000 restricted stock units (RSUs) that vested on a nine-month schedule and now beneficially owns 864,073 shares following the reported transactions. The RSUs vested in three tranches of 25,000 shares at three, six and nine months after grant, and the filing amends a prior Form 4 to correct the previously misstated post-transaction ownership total.
Positive
- 75,000 RSUs vested over a defined nine-month schedule, converting to common stock and increasing insider alignment with shareholders
- Corrected disclosure clarifies the reporting person's beneficial ownership, improving transparency
Negative
- Original Form 4 misstated the total securities beneficially owned, requiring an amendment to correct the record
Insights
TL;DR: Director received 75,000 RSUs with staggered vesting; amendment corrects prior ownership disclosure.
The grant and vesting of 75,000 RSUs aligns executive compensation with shareholder interests by converting equity-based awards into common stock over nine months. The amendment fixes an earlier error in the reported post-transaction beneficial ownership total, restoring accurate disclosure of 864,073 shares beneficially owned. The corrected ownership figure is important for transparency but the underlying transaction is routine equity compensation for an insider.
TL;DR: RSU vesting increases insider stake modestly; amended Form 4 corrects a reporting discrepancy.
The 75,000 RSU acquisition was executed at a $0 price as vested compensation and increases the reporting person’s stake to 864,073 shares. The amendment notes the Original Report misreported the post-transaction ownership and corrects that figure, which addresses compliance and disclosure accuracy. The transaction itself is non-cash, compensation-related, and likely immaterial to market valuation absent other context.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 75,000 | $0.00 | -- |
Footnotes (1)
- The RSUs vest over a period of nine months as follows: 25,000 RSUs vested on the three month anniversary of the grant date, 25,000 RSUs vesting on the six month anniversary of the grant date and 25,000 RSUs vesting on the nine month anniversary of the grant date. On September 15, 2025, the Reporting Person filed a Form 4 (the "Original Report") which incorrectly stated the total securities beneficially owned following the reported transactions in Table I - Column 5 of the Original Report. The Reporting Person is filing this Form 4/A to amend and correct the discrepancy.