Form 4: Marpai Inc. CFO Steve Johnson Increases Stake in Company

Chief Financial Officer of Marpai, Inc., Steve Johnson, recently increased his holdings in the company's Class A Common Stock through open market purchases.

Summary

• On May 24, 2024, Steve Johnson, the CFO of Marpai, Inc., purchased 5,000 shares of Class A Common Stock at a price of $1.2 per share.
• Following this transaction, Johnson directly owned 364,561 shares.
• On May 29, 2024, Johnson purchased an additional 3,500 shares of Class A Common Stock at $0.6501 per share, increasing his direct ownership to 368,061 shares.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as insider buying often signals confidence in the company's prospects, but the scale of the purchases is relatively small.

Positives

• The CFO's increased investment in the company may signal confidence in Marpai, Inc.'s future prospects.

Industry Context

Insider buying is often seen as a positive sign, suggesting that a company's management believes the stock is undervalued.

Stakeholder Impact

• Shareholders may view the CFO's increased stake as a positive indicator of the company's future performance.

Key Dates

Keywords

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