Form 4: Erich Spangenberg Acquires 45,000 Shares of Spectral AI, Inc.

Erich Spangenberg, a director and 10% owner of Spectral AI, Inc., purchased 45,000 shares of common stock at an average price of $1.77 on May 10, 2024.

Summary

• On May 10, 2024, Erich Spangenberg, a director and 10% owner of Spectral AI, Inc. (MDAI), acquired 45,000 shares of common stock.
• The shares were purchased at a weighted average price of $1.77.
• Following the transaction, Spangenberg directly owns 622,574 shares of Spectral AI, Inc.
• Spangenberg also indirectly owns 4,158,557 shares through ELS 1960 Family, L.P.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard Form 4 filing indicating a purchase by a director, which could be seen as a slightly positive signal, but it's not overwhelmingly indicative of strong positive or negative sentiment.

Positives

• The purchase by a director and significant shareholder could be interpreted as a positive signal about the company's prospects.

Industry Context

This transaction is a routine disclosure of insider trading activity and doesn't necessarily reflect broader industry trends.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder confidence.

Key Dates