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[Form 4] Marti Technologies, Inc. Insider Trading Activity

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

Rhea-AI Filing Summary

Freifeld Daniel reported acquisition or exercise transactions in this Form 4 filing.

Marti Technologies director Daniel Freifeld received additional equity compensation rather than buying shares on the market. He was granted 20,261 fully vested Class A Ordinary Shares under the 2023 Incentive Award Plan in lieu of his cash retainer for second quarter 2026 board service. After this award, he holds 982,442 Class A Ordinary Shares, including 74,580 shares underlying restricted stock units that vest at the earlier of the 2026 annual general meeting of shareholders or December 24, 2026, subject to continued service.

Positive

  • None.

Negative

  • None.
Insider Freifeld Daniel
Role null
Type Security Shares Price Value
Grant/Award Class A Ordinary Shares, par value $0.0001 per share 20,261 $0.00 --
Holdings After Transaction: Class A Ordinary Shares, par value $0.0001 per share — 982,442 shares (Direct, null)
Footnotes (1)
  1. Represents fully-vested Class A Ordinary Shares issued under the Issuer's 2023 Incentive Award Plan in lieu of the reporting person's cash retainer for second quarter of 2026 board service. Includes 74,580 Class A Ordinary Shares underlying restricted stock units granted under the Issuer's 2023 Incentive Award Plan, which vest on the earlier of the Company's 2026 annual general meeting of shareholders or December 24, 2026, subject to continued service.
Equity award shares 20,261 shares Fully vested Class A Ordinary Shares granted for Q2 2026 board service
Price per share on grant $0.0000 per share Reported transaction price for the granted Class A Ordinary Shares
Total shares after transaction 982,442 shares Class A Ordinary Shares beneficially owned following the grant
RSU underlying shares 74,580 shares Class A Ordinary Shares underlying restricted stock units in holdings
RSU vesting date Earlier of 2026 AGM or December 24, 2026 Vesting schedule for RSUs subject to continued service
restricted stock units financial
"Includes 74,580 Class A Ordinary Shares underlying restricted stock units granted under the Issuer's 2023 Incentive Award Plan"
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.
2023 Incentive Award Plan financial
"Issued under the Issuer's 2023 Incentive Award Plan in lieu of the reporting person's cash retainer"
cash retainer financial
"in lieu of the reporting person's cash retainer for second quarter of 2026 board service"
annual general meeting of shareholders financial
"which vest on the earlier of the Company's 2026 annual general meeting of shareholders or December 24, 2026"
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Form 4 Insider Transactions: What Each Field Means →
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).
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*
Freifeld Daniel
(Last)(First)(Middle)
818 18TH AVENUE SOUTH
SUITE 925
(Street)
NASHVILLE TENNESSEE 37203
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Marti Technologies, Inc. [ MRT ] 		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)
06/30/2026		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 Ordinary Shares, par value $0.0001 per share06/30/2026A20,261(1)A$0982,442(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents fully-vested Class A Ordinary Shares issued under the Issuer's 2023 Incentive Award Plan in lieu of the reporting person's cash retainer for second quarter of 2026 board service.
2. Includes 74,580 Class A Ordinary Shares underlying restricted stock units granted under the Issuer's 2023 Incentive Award Plan, which vest on the earlier of the Company's 2026 annual general meeting of shareholders or December 24, 2026, subject to continued service.
/s/ Daniel Freifeld07/02/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Marti Technologies (MRT) director Daniel Freifeld report in this Form 4?

Daniel Freifeld reported an equity award of 20,261 fully vested Class A Ordinary Shares. These were issued under Marti Technologies’ 2023 Incentive Award Plan as compensation, replacing his cash retainer for second quarter 2026 board service rather than being a market purchase.

How many Marti Technologies (MRT) shares did Daniel Freifeld receive and at what price?

He received 20,261 Class A Ordinary Shares at a reported price per share of $0.0000. The filing explains this was a stock grant issued in lieu of cash board fees, so it represents compensation, not an open-market transaction with a typical purchase price.

What are Daniel Freifeld’s total Marti Technologies (MRT) holdings after this transaction?

Following the award, Daniel Freifeld beneficially holds 982,442 Class A Ordinary Shares. This total includes his existing stock position and restricted stock units, giving a snapshot of his overall equity exposure in Marti Technologies after the second quarter 2026 compensation grant.

How many Marti Technologies (MRT) shares are tied to Daniel Freifeld’s restricted stock units?

His holdings include 74,580 Class A Ordinary Shares underlying restricted stock units. These RSUs were granted under the 2023 Incentive Award Plan and remain subject to vesting conditions linked to the company’s 2026 annual general meeting or a specified December 2026 date.

When do Daniel Freifeld’s Marti Technologies (MRT) restricted stock units vest?

The 74,580 RSU-linked shares vest on the earlier of Marti Technologies’ 2026 annual general meeting of shareholders or December 24, 2026. Vesting is conditioned on Freifeld’s continued service with the company through the applicable vesting date.

Why did Marti Technologies (MRT) issue shares instead of cash for Daniel Freifeld’s board fees?

The filing states the 20,261 fully vested shares were issued in lieu of Freifeld’s cash retainer for second quarter 2026 board service. This structure compensates him in equity under the 2023 Incentive Award Plan rather than paying the retainer in cash.