Marpai (MRAI) director receives 175,000-share grant and forfeits 50,000 RSUs

Rhea-AI Filing Summary

Marpai, Inc. director Eitan Yaron reported equity compensation changes involving Class A Common Stock. On May 29, 2026, he acquired 175,000 shares at $0.00 per share as a grant or award, bringing his direct holdings to 1,224,073 shares.

A prior transaction on December 8, 2025 shows a disposition of 50,000 shares back to the issuer, described as a forfeiture of unvested restricted stock units under the award terms. The new RSUs were granted under Marpai, Inc.'s 2024 Global Stock Incentive Plan and are deemed fully vested on the issuance date, indicating compensation-related, non‑market activity.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider EITAN YARON

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	175,000	$0.00	--
Disposition	Class A Common Stock	50,000	$0.00	--

Holdings After Transaction: Class A Common Stock — 1,224,073 shares (Direct, null)

Footnotes (1)

1. Represents the forfeiture of unvested restricted stock units ("RSUs") pursuant to the terms of the award agreement. The RSUs were granted pursuant to Marpai Inc.'s 2024 Global Stock Incentive Plan and are deemed fully vested on the issuance date.

Key Figures

Equity grant size: 175,000 shares Grant price: $0.00 per share Forfeited RSUs: 50,000 shares +3 more

6 metrics

Equity grant size 175,000 shares Class A Common Stock grant on May 29, 2026

Grant price $0.00 per share Stated transaction price for 175,000-share award

Forfeited RSUs 50,000 shares Disposition to issuer on December 8, 2025

Shares held after transactions 1,224,073 shares Total direct Class A holdings following reported transactions

Acquire transactions count 1 transaction Grant/award acquisition recorded in Form 4

Dispose transactions count 1 transaction Disposition to issuer recorded in Form 4

Key Terms

restricted stock units, 2024 Global Stock Incentive Plan, Disposition to issuer, Grant, award, or other acquisition

4 terms

restricted stock units financial

"Represents the forfeiture of unvested restricted stock units ("RSUs") pursuant to the terms"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

2024 Global Stock Incentive Plan financial

"The RSUs were granted pursuant to Marpai Inc.'s 2024 Global Stock Incentive Plan"

Disposition to issuer financial

"transaction_action: "issuer disposition", transaction_code_description: "Disposition to issuer""

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

EITAN YARON

(Last) (First) (Middle)

C/O MARPAI, INC.

615 CHANNELSIDE DRIVE, SUITE 207

(Street)

TAMPA FLORIDA 33602

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Marpai, Inc. [ MRAI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
12/08/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	12/08/2025		D		50,000(1)	D	$0.00	1,224,073	D
Class A Common Stock	05/29/2026		A		175,000(2)	A	$0.00	1,224,073	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the forfeiture of unvested restricted stock units ("RSUs") pursuant to the terms of the award agreement.

2. The RSUs were granted pursuant to Marpai Inc.'s 2024 Global Stock Incentive Plan and are deemed fully vested on the issuance date.

	/s/ Yaron Eitan	06/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Marpai (MRAI) director Eitan Yaron report?

Eitan Yaron reported a grant of 175,000 Class A Common shares on May 29, 2026 and a prior disposition of 50,000 shares to the issuer on December 8, 2025, both tied to restricted stock unit awards.

Were the recent Marpai (MRAI) insider transactions open-market buys or sells?

The reported transactions were not open-market trades. They reflect a grant of 175,000 shares as equity compensation and a forfeiture of 50,000 unvested RSUs back to Marpai, under award agreement terms.

How many Marpai (MRAI) shares does director Eitan Yaron hold after these transactions?

Following the reported equity award and prior forfeiture, Eitan Yaron directly holds 1,224,073 shares of Marpai Class A Common Stock. This figure comes from the Form 4 disclosure’s post-transaction ownership field.

What is the size of the equity grant reported by Marpai (MRAI) director Eitan Yaron?

The Form 4 shows a grant of 175,000 Class A Common shares at a stated price of $0.00 per share, reflecting a stock-based compensation award rather than a cash purchase in the market.

What does the 50,000-share disposition in Marpai (MRAI) represent?

The 50,000-share disposition is described as a forfeiture of unvested RSUs back to Marpai. It occurred under the award agreement’s terms and is coded as a disposition to the issuer, not an open-market sale.

Under which plan were the new Marpai (MRAI) RSUs granted to Eitan Yaron?

The new restricted stock units were granted under Marpai Inc.'s 2024 Global Stock Incentive Plan. Footnotes state these RSUs are deemed fully vested on the issuance date, characterizing them as immediate equity compensation.