STOCK TITAN

Marti Technologies director receives 2,666 shares

Marti Technologies, Inc. director Alex Spiro received 2,666 fully vested Class A ordinary shares on September 30, 2026, under the 2023 Incentive Award Plan in lieu of his cash retainer for third-quarter board service.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

Rhea-AI Filing Summary

Marti Technologies, Inc. director Alex Spiro received 2,666 fully vested Class A ordinary shares on September 30, 2026, under the 2023 Incentive Award Plan in lieu of his cash retainer for third-quarter board service. After the award, he reported 59,280 shares, including 26,260 shares underlying restricted stock units that vest on the earlier of the Company's 2026 annual general meeting of shareholders or December 24, 2026, subject to continued service.

Insider Spiro Alex
Role Director
Type Security Shares Price Value
Grant/Award Class A Ordinary Shares, par value $0.0001 per share F1, F2 2,666 $0.00 $0.00
Holdings After Transaction: Class A Ordinary Shares, par value $0.0001 per share — 59,280 shares (Direct)
Footnotes (2)
  1. F1. 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 third quarter of 2026 board service.
  2. F2. Includes 26,260 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.
Board-service award 2,666 shares Fully vested Class A ordinary shares issued for third-quarter 2026 board service.
Shares after award 59,280 shares Reported after the September 30, 2026 award; includes shares underlying restricted stock units.
Shares underlying restricted stock units 26,260 shares Vest on the earlier of the Company's 2026 annual general meeting of shareholders or December 24, 2026, subject to continued service.
2023 Incentive Award Plan financial
"issued under the Issuer's 2023 Incentive Award Plan"
fully-vested financial
"Represents fully-vested Class A Ordinary Shares"
restricted stock units financial
"Class A Ordinary Shares underlying restricted stock units"
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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did MRT director Alex Spiro receive for board service?

Alex Spiro received 2,666 fully vested Class A ordinary shares on September 30, 2026, in lieu of his cash retainer for third-quarter board service.

When do Alex Spiro's restricted stock units vest?

The 26,260 shares underlying restricted stock units vest on the earlier of the Company's 2026 annual general meeting of shareholders or December 24, 2026, subject to continued service.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
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*
Spiro Alex

(Last)(First)(Middle)
C/O MARTI TECHNOLOGIES, INC.
BUYUKDERE CD. NO: 237 MASLAK SARIYER

(Street)
ISTANBUL34485

(City)(State)(Zip)

TURKEY

(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)
09/30/2026
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 share09/30/2026A2,666(1)A$059,280(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 third quarter of 2026 board service.
2. Includes 26,260 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/ Alex Spiro10/02/2026
** 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)

Keep reading