Form 4: Marpai President John Paul Powers Granted 150,000 Restricted Stock Units

Marpai, Inc. President John Paul Powers was granted 150,000 Class A Common Stock Restricted Stock Units, with a portion vesting immediately and the remainder over two years.

Summary

• John Paul Powers, President of Marpai, Inc. (MRAI), reported the acquisition of 150,000 shares of Class A Common Stock.
• These shares were granted as Restricted Stock Units (RSUs) on June 9, 2025, at a price of $0 per share.
• The vesting schedule for the RSUs is as follows: 50,000 RSUs vested immediately upon grant, 50,000 RSUs will vest on the first anniversary of the grant, and the remaining 50,000 RSUs will vest on the second anniversary of the grant.
• Following this transaction, Mr. Powers beneficially owns 410,000 shares of Class A Common Stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 7

Explanation: The grant of RSUs to a key executive is generally a positive sign, aligning management's interests with shareholders and serving as a retention tool. It doesn't indicate financial performance, but rather a standard compensation practice.

Positives

• The grant of 150,000 Restricted Stock Units to President John Paul Powers aligns management incentives with shareholder interests.
• The immediate vesting of 50,000 RSUs provides immediate equity ownership.
• The transaction was conducted under a Rule 10b5-1(c) plan, indicating a pre-arranged, compliant transaction.

Future Outlook

This document, a Form 4, primarily reports a past transaction and does not typically contain forward-looking statements or guidance about the company's future performance or strategy. The vesting schedule indicates future equity ownership.

Industry Context

A Form 4 filing is specific to an individual's ownership changes and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: The grant of RSUs to a key executive can be seen as a positive for shareholders as it aligns management incentives with long-term company performance. It also represents potential future dilution if the shares are newly issued upon vesting, though this is standard for equity compensation.

Next Steps

• Vesting of 50,000 RSUs on the first anniversary of the grant (June 9, 2026).
• Vesting of 50,000 RSUs on the second anniversary of the grant (June 9, 2027).

Key Dates

Keywords

Marpai Inc., MRAI, John Paul Powers, SEC Form 4, Restricted Stock Units, RSU, Insider Trading, Beneficial Ownership, Executive Compensation, Equity Grant, Rule 10b5-1