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Marpai (MRAI) director reports 125,000-share RSU grant and 50,000 RSU forfeiture

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Marpai, Inc. director Shiv Sagiv reported stock-based compensation and a prior forfeiture involving Class A Common Stock. On May 29, 2026, he acquired 125,000 shares at $0.00 per share through a grant of fully vested restricted stock units under the 2024 Global Stock Incentive Plan. A prior December 8, 2025 entry shows a 50,000-share disposition to the issuer tied to the forfeiture of unvested RSUs. After these transactions, Sagiv directly holds 613,667 shares, and no derivative securities remain reported in this filing.

Positive

  • None.

Negative

  • None.
Insider SHIV SAGIV
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 125,000 $0.00 --
Disposition Class A Common Stock 50,000 $0.00 --
Holdings After Transaction: Class A Common Stock — 613,667 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.
RSU grant shares 125,000 shares Class A Common Stock grant on May 29, 2026 at $0.00 per share
Forfeited RSUs 50,000 shares Disposition to issuer on December 8, 2025 as forfeiture of unvested RSUs
Shares held after transactions 613,667 shares Total direct holdings of Class A Common Stock following reported activity
Grant price per share $0.00 per share RSU-related acquisition of 125,000 Class A Common Stock shares
restricted stock units ("RSUs") financial
"Represents the forfeiture of unvested restricted stock units ("RSUs") pursuant to the terms of the award agreement."
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.
2024 Global Stock Incentive Plan financial
"The RSUs were granted pursuant to Marpai Inc.'s 2024 Global Stock Incentive Plan and are deemed fully vested on the issuance date."
disposition to issuer financial
"transaction_action": "issuer disposition","transaction_code_description": "Disposition to issuer""
fully vested financial
"are deemed fully vested on the issuance date."
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SEC Form 4
FORM 4UNITED 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).
X
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*
SHIV SAGIV

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock12/08/2025D50,000(1)D$0.00613,667D
Class A Common Stock05/29/2026A125,000(2)A$0.00613,667D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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/ Sagiv Shiv06/02/2026
** Signature of Reporting PersonDate
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 did Marpai (MRAI) director Shiv Sagiv report in this Form 4?

Director Shiv Sagiv reported stock-based compensation activity in Marpai shares. He received 125,000 Class A Common Stock shares via a fully vested RSU grant and recorded a prior 50,000-share forfeiture to the issuer, with post-transaction direct holdings of 613,667 shares.

How many Marpai (MRAI) shares were granted to Shiv Sagiv and at what price?

Shiv Sagiv was granted 125,000 shares of Marpai Class A Common Stock at $0.00 per share. The grant came through restricted stock units that were deemed fully vested on issuance under Marpai Inc.'s 2024 Global Stock Incentive Plan.

What is the 50,000-share disposition reported by Shiv Sagiv in Marpai (MRAI)?

The 50,000-share disposition reflects a return of shares to Marpai. It represents the forfeiture of unvested restricted stock units according to the terms of the award agreement, categorized as a disposition to the issuer rather than an open-market sale.

How many Marpai (MRAI) shares does Shiv Sagiv hold after these transactions?

Following the reported grant and forfeiture, Shiv Sagiv directly holds 613,667 shares of Marpai Class A Common Stock. This figure represents his post-transaction position as disclosed in the filing, with no remaining derivative securities reported.

Were the Marpai (MRAI) transactions by Shiv Sagiv open-market buys or sells?

No open-market trades were reported. The acquisition involved a 125,000-share RSU grant at $0.00 per share, while the 50,000-share disposition was a forfeiture of unvested RSUs back to the issuer under the award’s terms.

Under which plan were Shiv Sagiv’s Marpai (MRAI) RSUs granted?

The restricted stock units were granted under Marpai Inc.'s 2024 Global Stock Incentive Plan. The filing states these RSUs were deemed fully vested on the issuance date, leading to the 125,000-share acquisition at no cash cost.