Form 4: Marpai CEO Damien Lamendola Reports Significant Stock Transactions
SEC Form 4 Filing
CEO Damien Lamendola reports acquiring and disposing of Marpai, Inc. stock through direct and indirect holdings.
Summary
- On August 28, 2024, Damien Lamendola, CEO of Marpai, Inc., reported transactions involving Class A Common Stock.
- He acquired 1,351,351 shares at a price of $0.481 per share.
- He disposed of 200,000 shares.
- Following these transactions, Mr. Lamendola beneficially owns 4,917,657 shares indirectly through HillCour Investment Fund, LLC and WellEnterprises USA, LLC.
- He also indirectly owns 931,674 shares through WellEnterprises USA, LLC.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a report of stock transactions. The acquisition could be seen as positive, but the disposal offsets it.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like the CEO, trade their company's stock. These filings are closely watched by investors for insights into management's view of the company's prospects.
Stakeholder Impact
- Shareholders may react to the CEO's stock transactions, potentially influencing the stock price.
Key Dates
| Date | Description |
|---|---|
| 08/28/2024 | Date of stock transactions (acquisition and disposition). |
| 09/03/2024 | Date of signature on the Form 4 filing. |
Keywords
Marpai, Inc., Damien Lamendola, stock transactions, Form 4, beneficial ownership, HillCour Investment Fund, WellEnterprises USA, MRAI, CEO
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