Summary by Moomoo AI
Damien Lamendola, CEO of Marpai, Inc. (MRAI), executed a significant stock purchase on March 7, 2024. The transaction involved the acquisition of 910,000 shares of Class A Common Stock at a price of $1.65 per share. Following this transaction, Lamendola's direct and indirect beneficial ownership in Marpai has increased to a total of 2,861,306 shares. The purchase, conducted on the open market, reflects a substantial investment by the CEO in the company, with the total value of the acquired shares amounting to $1,501,500. This move could signal strong confidence from the CEO in the future prospects of Marpai.