Form 4: Marpai Inc. CFO Steve Johnson Acquires 350,000 Shares of Class A Common Stock

Steve Johnson, CFO of Marpai, Inc., reports the acquisition of 350,000 shares of Class A Common Stock on May 23, 2024.

Summary

• On May 23, 2024, Steve Johnson, the Chief Financial Officer of Marpai, Inc. (MRAI), acquired 350,000 shares of Class A Common Stock.
• The acquisition was made at a price of $0.00 per share.
• Following the transaction, Johnson directly owns 359,561 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While the acquisition of shares by the CFO is generally a positive sign, the $0.00 price warrants further investigation to understand the nature of the transaction. It could be a grant or compensation, rather than a market purchase.

Positives

• The CFO's acquisition of a significant number of shares could be interpreted as a sign of confidence in the company's future prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company executives and their confidence in the company's stock.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as insider buying is often seen as a vote of confidence.

Key Dates

Keywords

Marpai Inc., Steve Johnson, CFO, Class A Common Stock, Beneficial Ownership, Form 4, MRAI