Form 4: Marpai Director Yaron Eitan Boosts Stake by 125,000 Shares

Marpai, Inc. Director Yaron Eitan acquired 125,000 shares of Class A Common Stock, increasing his direct beneficial ownership to 989,073 shares.

Summary

• Yaron Eitan, a Director and 10% Owner of Marpai, Inc. (MRAI), acquired 125,000 shares of the company's Class A Common Stock.
• The transaction occurred on October 20, 2025, with an acquisition price of $0 per share, indicating a grant of Restricted Stock Units (RSUs).
• The acquired RSUs are deemed fully vested on the issuance date.
• Following this transaction, Yaron Eitan directly beneficially owns a total of 989,073 shares of Marpai, Inc. Class A Common Stock.

Sentiment

Score: 8

Explanation: The acquisition of additional shares by a director, especially through a fully vested RSU grant, signals strong insider confidence in the company's future prospects and aligns management interests with shareholders.

Positives

• Increased insider ownership by a director and 10% owner signals strong confidence in the company's future prospects.
• The acquisition of shares through an RSU grant aligns the director's financial interests directly with those of the shareholders.

Future Outlook

NA

Industry Context

This insider transaction reflects a director's personal investment decision and confidence in the company, rather than a direct response to broader industry trends. However, increased insider ownership is generally viewed positively across all industries as it suggests management believes in the company's value proposition.

Comparison to Industry Standards

• NA

Related Party Transactions

• The acquisition of shares by a director via an RSU grant represents a transaction between a related party (director) and the company, consistent with compensation practices.

Stakeholder Impact

• Shareholders: The increased insider ownership by a director and 10% owner can be interpreted as a positive signal of confidence in the company's performance and future, potentially boosting investor sentiment.
• Employees: No direct impact on employees is mentioned in this filing.

Key Dates

Recommendation

The significant acquisition of shares by a director, particularly through a fully vested RSU grant, indicates strong insider confidence in Marpai, Inc.'s future performance. This increased alignment of interests between management and shareholders is generally viewed as a positive indicator for potential investors, suggesting a 'buy' recommendation.

Keywords

Marpai, MRAI, Yaron Eitan, Insider Transaction, Form 4, Stock Acquisition, Director, 10% Owner, RSU, Class A Common Stock