Marti Technologies (MRT) director receives 3,199-share equity grant for 2026 board service
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
- 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.
Key Figures
Shares granted: 3,199 shares
Total shares after transaction: 392,039 shares
RSUs underlying shares: 31,512 shares
+1 more
4 metrics
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
Key Terms
restricted stock units, 2023 Incentive Award Plan, cash retainer
3 terms
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"
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.
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.