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Marti Technologies (MRT) director receives 3,199-share equity grant for 2026 board service

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

Rhea-AI Filing Summary

Ugur Agah reported acquisition or exercise transactions in this Form 4 filing.

Marti Technologies director Ugur Agah received 3,199 fully-vested Class A Ordinary Shares as compensation in lieu of his cash retainer for second-quarter 2026 board service under the 2023 Incentive Award Plan. After this grant, he holds 392,039 Class A shares, including 31,512 underlying restricted stock units that vest at the earlier of the 2026 annual general meeting or December 24, 2026, subject to continued service.

Positive

  • None.

Negative

  • None.
Insider Ugur Agah
Role null
Type Security Shares Price Value
Grant/Award Class A Ordinary Shares, par value $0.0001 per share 3,199 $0.00 --
Holdings After Transaction: Class A Ordinary Shares, par value $0.0001 per share — 392,039 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 31,512 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.
Shares granted 3,199 shares Fully-vested Class A shares granted in lieu of Q2 2026 cash retainer
Total shares after transaction 392,039 shares Class A Ordinary Shares held by Ugur Agah following the grant
RSUs underlying shares 31,512 shares Class A Ordinary Shares underlying restricted stock units under 2023 plan
RSU vesting date Earlier of 2026 AGM or December 24, 2026 Vesting schedule for 31,512 RSU underlying shares, subject to continued service
restricted stock units financial
"Includes 31,512 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"
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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*
Ugur Agah

(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)
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 share06/30/2026A3,199(1)A$0392,039(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 31,512 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/ Agah Ugur07/02/2026
** 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 insider transaction did Marti Technologies (MRT) director Ugur Agah report?

Director Ugur Agah reported receiving 3,199 fully-vested Class A Ordinary Shares as a grant under Marti Technologies’ 2023 Incentive Award Plan. The shares were issued instead of his cash retainer for second-quarter 2026 board service, reflecting routine equity-based director compensation.

How many Marti Technologies (MRT) shares does Ugur Agah hold after this Form 4 transaction?

After the transaction, Ugur Agah holds 392,039 Class A Ordinary Shares of Marti Technologies. This total includes both fully-vested shares and 31,512 shares underlying restricted stock units that are scheduled to vest in 2026, subject to continued board service requirements.

What is the nature of the 3,199 Marti Technologies (MRT) shares granted to Ugur Agah?

The 3,199 shares are fully-vested Class A Ordinary Shares issued under the 2023 Incentive Award Plan. They were granted to Ugur Agah in lieu of his cash retainer for second-quarter 2026 board service, meaning he received equity instead of a cash payment for that period.

What restricted stock units does Ugur Agah hold in Marti Technologies (MRT)?

Ugur Agah holds 31,512 Class A Ordinary Shares underlying restricted stock units granted under the 2023 Incentive Award Plan. These units vest on the earlier of Marti Technologies’ 2026 annual general meeting of shareholders or December 24, 2026, contingent on his continued service.

When do Ugur Agah’s Marti Technologies (MRT) restricted stock units vest?

The 31,512 shares underlying Ugur Agah’s restricted stock units vest on the earlier of the company’s 2026 annual general meeting of shareholders or December 24, 2026. Vesting remains subject to his continued service with Marti Technologies through that applicable vesting date.