Was Alex Spiro’s Marti Technologies (MRT) share grant an open-market purchase?

No, the 2,666 shares reported were a grant, not an open-market purchase. They were issued as fully vested Class A Ordinary Shares in lieu of Alex Spiro’s cash retainer for second-quarter 2026 board service, under the 2023 Incentive Award Plan.

Marti Technologies (MRT) director Alex Spiro receives 2,666-share equity grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Spiro Alex reported acquisition or exercise transactions in this Form 4 filing.

Marti Technologies director equity grant. Director Alex Spiro received 2,666 fully vested Class A Ordinary Shares on June 30, 2026 as payment in shares instead of his cash retainer for second-quarter 2026 board service, under the 2023 Incentive Award Plan.

After this award, he holds 56,614 Class A Ordinary Shares in total, 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 Trade Summary

1 transaction reported

Mixed 1 txn

Insider Spiro Alex

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Ordinary Shares, par value $0.0001 per share	2,666	$0.00	--

Holdings After Transaction: Class A Ordinary Shares, par value $0.0001 per share — 56,614 shares (Direct, null)

Footnotes (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 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.

Key Figures

Shares granted: 2,666 shares Total shares held after grant: 56,614 shares RSU underlying shares: 26,260 shares

3 metrics

Shares granted 2,666 shares Fully vested Class A Ordinary Shares granted June 30, 2026

Total shares held after grant 56,614 shares Class A Ordinary Shares held by Alex Spiro following transaction

RSU underlying shares 26,260 shares Restricted stock units vesting by 2026 AGM or December 24, 2026

Key Terms

restricted stock units, 2023 Incentive Award Plan, cash retainer, fully-vested Class A Ordinary Shares

4 terms

restricted stock units financial

"Includes 26,260 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"

fully-vested Class A Ordinary Shares financial

"Represents fully-vested Class A Ordinary Shares issued under the Issuer's 2023 Incentive Award Plan"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 04:32 PM Accepted by SEC EDGAR 07/02/2026 - 04:30 PM

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^*

Spiro Alex

(Last)

(First)

(Middle)

C/O MARTI TECHNOLOGIES, INC.

BUYUKDERE CD. NO: 237 MASLAK SARIYER

(Street)

ISTANBUL

34485

(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)

X	Director	10% 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)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Ordinary Shares, par value $0.0001 per share	06/30/2026		A		2,666⁽¹⁾	A	$0	56,614⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 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 Spiro	07/02/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Marti Technologies (MRT) report for Alex Spiro?

Marti Technologies reported that director Alex Spiro received 2,666 fully vested Class A Ordinary Shares on June 30, 2026. The shares were granted under the 2023 Incentive Award Plan in lieu of his cash retainer for second-quarter 2026 board service.

How many Marti Technologies (MRT) shares does Alex Spiro hold after this Form 4?

After the June 30, 2026 grant, Alex Spiro holds 56,614 Class A Ordinary Shares. This total includes both previously held shares and the 2,666 fully vested shares received as board compensation under Marti Technologies’ 2023 Incentive Award Plan.

What are the terms of Alex Spiro’s restricted stock units at Marti Technologies (MRT)?

Alex Spiro has 26,260 Class A Ordinary Shares underlying restricted stock units granted under the 2023 Incentive Award Plan. These RSUs vest on the earlier of Marti Technologies’ 2026 annual general meeting of shareholders or December 24, 2026, subject to his continued service.

Under which plan were Alex Spiro’s Marti Technologies (MRT) shares and RSUs granted?

Both the 2,666 fully vested Class A Ordinary Shares and the 26,260 RSU-underlying shares for Alex Spiro were granted under Marti Technologies’ 2023 Incentive Award Plan, which governs equity awards such as stock grants and restricted stock units for eligible participants.