---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-005385"
form_type: "8-K"
ticker: "MRAI"
cik: "0001844392"
company_name: "Marpai, Inc."
filed_at: "2024-01-18T23:59:59+00:00"
generated_at: "2026-06-06T22:05:47.253047+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Marpai appoints John Powers as President/COO; new employment agreements for CEO, CFO; COO resigns

## Summary
- John Powers appointed President and COO effective Jan 2, 2024; annual salary $150,000, RSU for 150,000 shares vesting over 2 years.
- CEO Damien Lamendola entered new employment agreement effective Jan 2, 2024; salary $1.00, RSU for 600,000 shares vesting over 2 years.
- CFO Steve Johnson entered new employment agreement effective Jan 2, 2024; salary $35,568, RSU for 350,000 shares vesting over 2 years.
- COO Gonen Antebi resigned Jan 15, 2024; separation includes warrant for 130,000 shares at $2.50, consulting $5,000/month through Nov 30, 2024.
- If Company achieves $5M unadjusted EBITDA in a fiscal year, each executive recommended for additional equity award of 100,000 RSUs with immediate vesting.

## SEC filing metadata
- accession: 0000950170-24-005385
- form_type: 8-K
- ticker: MRAI
- cik: 0001844392
- company_name: Marpai, Inc.
- filed_at: 2024-01-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844392/000095017024005385/0000950170-24-005385-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844392/000095017024005385/mrai-20240111.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-005385
- JSON: https://secwatch.observer/filing/0000950170-24-005385.json
- Plain text: https://secwatch.observer/filing/0000950170-24-005385.txt

## Key facts
- Executive change
  John Powers was appointed as President and Chief Operating Officer at Marpai, Inc..
  - Action: appointed
  - Role: President and Chief Operating Officer
  source text: appointed John Powers as President and Chief Operating Officer of the Company, effective as of January 2, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844392/000095017024005385/0000950170-24-005385-index.htm
- Executive change
  Gonen Antebi resigned as Chief Operating Officer at Marpai, Inc..
  - Action: resigned
  - Role: Chief Operating Officer
  source text: Gonen Antebi, the Company’s Chief Operating Officer, resigned from his position.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844392/000095017024005385/0000950170-24-005385-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
