Insider Durgun Cankut reports 17.4M Marti Technologies (MRT) shares

Rhea-AI Filing Summary

Marti Technologies, Inc. director and executive officer Durgun Cankut filed an initial statement of beneficial ownership. The filing reports indirect beneficial ownership of 17,440,565 Class A Ordinary Shares, including 14,279,708 Ordinary Shares and 3,160,857 shares underlying restricted stock units that vest in installments through July 10, 2028. These shares are held by the reporting person's spouse, Esra Unluaslan Durgun; the reporting person may be deemed to share beneficial ownership but disclaims beneficial ownership of the spouse-held shares.

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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

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1. Name and Address of Reporting Person^*

Durgun Cankut

(Last) (First) (Middle)

C/O MARTI TECHNOLOGIES, INC.

BUYUKDERE CD. NO: 237 MASLAK SARIYER

(Street)

ISTANBUL 34485

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Marti Technologies, Inc. [ MRT ]

3a. Foreign Trading Symbol

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

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

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

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Ordinary Shares, par value $0.0001 per share	17,440,565(1)	I	See Footnote(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes (i) 14,279,708 Ordinary Shares and (ii) 3,160,857 Ordinary Shares underlying restricted stock units granted under the Company's 2023 Incentive Award Plan, as amended, which vest in installments through July 10, 2028.

2. These shares are held by the reporting person's spouse, Esra Unluaslan Durgun. The reporting person may be deemed to share beneficial ownership of such shares and disclaims beneficial ownership thereof.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Ilyas Gezer, Attorney-in-Fact for Cankut Durgun	03/18/2026
	** 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 5 (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 3: SEC 1473 (03-26)

FAQ

What does Durgun Cankut’s Form 3 filing for Marti Technologies (MRT) show?

The Form 3 shows indirect beneficial ownership of 17,440,565 Class A Ordinary Shares. This includes existing shares and restricted stock units, establishing Cankut’s starting equity position as a director and executive officer of Marti Technologies, Inc.

How many Marti Technologies (MRT) shares and RSUs are reported in this Form 3?

The filing reports 14,279,708 Ordinary Shares and 3,160,857 Ordinary Shares underlying restricted stock units. Together they total 17,440,565 Class A Ordinary Shares of Marti Technologies, Inc. beneficially owned indirectly by the reporting person.

When do the restricted stock units in the Marti Technologies (MRT) Form 3 vest?

The 3,160,857 Ordinary Shares underlying restricted stock units vest in installments through July 10, 2028. These RSUs were granted under Marti Technologies, Inc.’s 2023 Incentive Award Plan, as amended, and become shares over time as vesting milestones are reached.

How are the Marti Technologies (MRT) shares in this Form 3 held?

The shares are held indirectly through the reporting person’s spouse, Esra Unluaslan Durgun. The filing states the reporting person may be deemed to share beneficial ownership but also disclaims beneficial ownership of the spouse-held shares under applicable securities rules.

Does the Marti Technologies (MRT) Form 3 reflect a recent buy or sell transaction?

No, this Form 3 functions as an initial statement of beneficial ownership. It reports existing indirect holdings and restricted stock units for Durgun Cankut, rather than documenting a new purchase, sale, or other transaction in Marti Technologies, Inc. shares.