INTELLIGENT FANATICS CAPITAL MANAGEMENT LLC sold 9.6% of their position (188K shares) of MARPAI, INC. on the open market

Open‑market sale worth $270.6K — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 12 sales

INTELLIGENT FANATICS CAPITAL MANAGEMENT LLC

Filed: 10/17/2025ACC: 0001798792-25-000010

InsiderINTELLIGENT FANATICS CAPITAL MANAGEMENT LLCCIK 1798792

→

IssuerMARPAI, INC.CIK 1844392

10% Owner

Since Dec 2024

-188K

Net shares

Net seller

$270.6K

Total sold

Open market trades

0B · 12S

Total transactions

188K disposed

Non-Derivative Transactions12

Common Shares, par value $0.0001

Direct

S · Sale

−10K

Price / share

$1.43

Trade value

$14.30K

% of position

0.5%

8/13/2025

1.86M→1.85M

Common Shares, par value $0.0001

Indirect

S · Sale

−10K

Price / share

$1.43

Trade value

$14.30K

% of position

0.5%

8/13/2025

1.86M→1.85M

Common Shares, par value $0.0001

Direct

S · Sale

−20K

Price / share

$1.40

Trade value

$28K

% of position

1.1%

8/15/2025

1.85M→1.83M

Common Shares, par value $0.0001

Indirect

S · Sale

−20K

Price / share

$1.40

Trade value

$28K

% of position

1.1%

8/15/2025

1.85M→1.83M

Common Shares, par value $0.0001

Direct

S · Sale

−20K

Price / share

$1.40

Trade value

$28K

% of position

1.1%

8/18/2025

1.83M→1.81M

Common Shares, par value $0.0001

Indirect

S · Sale

−20K

Price / share

$1.40

Trade value

$28K

% of position

1.1%

8/18/2025

1.83M→1.81M

Common Shares, par value $0.0001

Direct

S · Sale

−20K

Price / share

$1.40

Trade value

$28K

% of position

1.1%

8/19/2025

1.81M→1.79M

Common Shares, par value $0.0001

Indirect

S · Sale

−20K

Price / share

$1.40

Trade value

$28K

% of position

1.1%

8/19/2025

1.81M→1.79M

Common Shares, par value $0.0001

Direct

S · Sale

−10K

Price / share

$1.42

Trade value

$14.20K

% of position

0.6%

8/20/2025

1.79M→1.78M

Common Shares, par value $0.0001

Indirect

S · Sale

−10K

Price / share

$1.42

Trade value

$14.20K

% of position

0.6%

8/20/2025

1.79M→1.78M

Common Shares, par value $0.0001

Direct

S · Sale

−14K

Price / share

$1.63

Trade value

$22.82K

% of position

0.8%

10/6/2025

1.78M→1.77M

Common Shares, par value $0.0001

Indirect

S · Sale

−14K

Price / share

$1.63

Trade value

$22.82K

% of position

0.8%

10/6/2025

1.78M→1.77M

Total

Net shares

−188K

Net value

-$270.64K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Shares, par value $0.0001 Direct	8/13/2025	S · Sale	−10K	$1.43	$14.30K	0.5%	1.86M	1.85M
Common Shares, par value $0.0001 Indirect	8/13/2025	S · Sale	−10K	$1.43	$14.30K	0.5%	1.86M	1.85M
Common Shares, par value $0.0001 Direct	8/15/2025	S · Sale	−20K	$1.40	$28K	1.1%	1.85M	1.83M
Common Shares, par value $0.0001 Indirect	8/15/2025	S · Sale	−20K	$1.40	$28K	1.1%	1.85M	1.83M
Common Shares, par value $0.0001 Direct	8/18/2025	S · Sale	−20K	$1.40	$28K	1.1%	1.83M	1.81M
Common Shares, par value $0.0001 Indirect	8/18/2025	S · Sale	−20K	$1.40	$28K	1.1%	1.83M	1.81M
Common Shares, par value $0.0001 Direct	8/19/2025	S · Sale	−20K	$1.40	$28K	1.1%	1.81M	1.79M
Common Shares, par value $0.0001 Indirect	8/19/2025	S · Sale	−20K	$1.40	$28K	1.1%	1.81M	1.79M
Common Shares, par value $0.0001 Direct	8/20/2025	S · Sale	−10K	$1.42	$14.20K	0.6%	1.79M	1.78M
Common Shares, par value $0.0001 Indirect	8/20/2025	S · Sale	−10K	$1.42	$14.20K	0.6%	1.79M	1.78M
Common Shares, par value $0.0001 Direct	10/6/2025	S · Sale	−14K	$1.63	$22.82K	0.8%	1.78M	1.77M
Common Shares, par value $0.0001 Indirect	10/6/2025	S · Sale	−14K	$1.63	$22.82K	0.8%	1.78M	1.77M
Total			−188K		-$270.64K

Derivative Transactions0

No derivative transactions reported