Steve Andrew Johnson - 23 May 2024 Form 4 Insider Report for Marpai, Inc. (MRAI)

Signature
/s/ Steve Johnson
Issuer symbol
MRAI
Transactions as of
23 May 2024
Net transactions value
$0
Form type
4
Filing time
28 May 2024, 16:01:08 UTC
Previous filing
14 May 2024
Next filing
29 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRAI Class A Common Stock Award $0 +350,000 +3661% $0.000000 359,561 23 May 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).