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Ugur Agah reported acquisition or exercise transactions in this Form 4 filing.
Marti Technologies, Inc. director Ugur Agah received a grant of 3,199 fully vested Class A Ordinary Shares as compensation for first-quarter 2026 board service, issued under the company’s 2023 Incentive Award Plan in lieu of a cash retainer. Following this award, Agah directly holds 388,840 Class A Ordinary Shares. The holdings also include 31,512 Class A Ordinary Shares underlying restricted stock units that are scheduled to vest on the earlier of the company’s 2026 annual general meeting of shareholders or December 24, 2026, subject to continued service.
Marti Technologies, Inc. disclosed the initial equity holdings of its CFO, Cenk Ozeker, in a Form 3. He holds a stock option to buy 100,000 Class A Ordinary Shares at an exercise price of $3.28 per share, expiring on May 12, 2035.
The options vest in four equal annual installments of 25,000 shares beginning on May 12, 2026, subject to his continued service, indicating a long-term, service-based compensation structure rather than an immediate share purchase or sale.
Marti Technologies, Inc. director and executive officer Durgun Cankut filed an initial statement of beneficial ownership. The filing reports indirect beneficial ownership of 17,440,565 Class A Ordinary Shares, including 14,279,708 Ordinary Shares and 3,160,857 shares underlying restricted stock units that vest in installments through July 10, 2028. These shares are held by the reporting person's spouse, Esra Unluaslan Durgun; the reporting person may be deemed to share beneficial ownership but disclaims beneficial ownership of the spouse-held shares.
Marti Technologies, Inc. CEO and director Alper Oktem reported his beneficial ownership of Class A Ordinary Shares. He directly holds 6,199,388 shares, including 3,038,531 shares and 3,160,857 shares underlying restricted stock units that vest in installments through July 10, 2028. He also indirectly owns 10,800,000 shares held by Oktem Family Fund LLC, over which he retains voting and dispositive power.
Marti Technologies, Inc. director Ugur Agah filed an initial ownership report showing a holding of 385,641 Class A Ordinary Shares. This includes 354,129 Ordinary Shares and 31,512 shares underlying restricted stock units that vest at the earlier of the company’s 2026 annual general meeting of shareholders or December 24, 2026, subject to continued service.
Marti Technologies, Inc. director Spiro Alex filed an initial ownership report showing 51,282 Class A Ordinary Shares. This includes 25,022 Ordinary Shares and 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.
Marti Technologies, Inc. director Douglas Lute filed an initial ownership report showing a direct holding of 191,826 Class A Ordinary Shares. This position includes 155,062 Ordinary Shares and 36,764 shares underlying restricted stock units granted under the company’s 2023 Incentive Award Plan.
The 36,764 restricted stock units vest on the earlier of the company’s 2026 annual general meeting of shareholders or December 24, 2026, subject to Mr. Lute’s continued service. This filing does not report a new purchase or sale, but establishes his existing equity stake and equity-based awards.
Marti Technologies, Inc. director Daniel Freifeld has filed an initial ownership report detailing his equity and note positions. He holds directly 941,920 Class A Ordinary Shares, including 74,580 shares underlying restricted stock units that vest at the earlier of the 2026 annual general meeting or December 24, 2026, subject to continued service.
Indirectly, entities he controls hold 7,467,715 Class A Ordinary Shares through Farragut Square Global Master Fund, LP and Callaway Capital Management, LLC, with Freifeld disclaiming beneficial ownership beyond his pecuniary interest. He also reports indirect holdings of Convertible Notes convertible into 13,506,436 Class A Ordinary Shares at an exercise price of $1.65 per share, with a stated maturity date of July 10, 2028.
Marti Technologies, Inc. director Healey Kerry Murphy filed an initial statement of beneficial ownership, reporting holdings of 232,670 Class A Ordinary Shares. This includes 195,906 Ordinary Shares and 36,764 shares underlying restricted stock units granted under the company’s 2023 Incentive Award Plan.
The 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, highlighting that part of the reported position is tied to future vesting conditions rather than currently vested shares.
Marti Technologies, Inc. has launched the Marti Shareholder Loyalty Program, aimed at rewarding long-term retail shareholders and strengthening alignment with its mission and growth strategy. The program offers verified retail shareholders exclusive benefits tied to everyday use of Marti’s mobility services, such as discounts on subscriptions, rentals, rides, and deliveries.
The initiative is described as non-dilutive and focused on responsible value creation, encouraging sustainable urban transportation and deeper engagement with Marti’s mobility platform across Türkiye. Full program terms and conditions are available on Marti’s website.