Summary by Futu AI
Damien Lamendola, Chief Executive Officer of Marpai, Inc. (MRAI), completed a significant stock purchase on January 16, 2024. The transaction involved the acquisition of 1,100,000 shares of Class A Common Stock at a price of $0.9201 per share. Following this transaction, Lamendola's beneficially owned shares increased to a total of 1,951,306 shares, held indirectly. The purchase, executed on the open market, reflects a substantial investment by the CEO in the company's stock, with the total value of the acquired shares amounting to approximately $1,012,110. This move could signal strong confidence from the CEO in the future prospects of Marpai.