Marti Technologies, Inc. filings document the reporting profile of a foreign private issuer operating a Türkiye mobility super app. The record includes Form 6-K reports on annual and interim financial results, management discussion and analysis, unaudited consolidated financial statements, service expansion, shareholder loyalty initiatives and Class A ordinary share repurchase programs.
Governance filings cover annual general meeting notices, proxy materials, director elections and shareholder voting results. The company's reports also reference registration statements on Form F-3 and Form S-8 and disclose capital-structure topics tied to Class A ordinary shares, equity compensation and incorporated financial information.
Marti Technologies, Inc. announced that its board authorized a new share repurchase program allowing the company to buy back up to $2.5 million of its outstanding Class A ordinary shares. The program is effective immediately and runs until October 26, 2026, replacing a prior plan that expired on April 9, 2026.
The board set a maximum repurchase price of $6.00 per share, while the share price was $2.11 as of market close on April 24, 2026. Repurchases may occur in open-market or privately negotiated transactions in line with Rule 10b-18 and applicable regulations, and the board retains discretion to extend, increase, suspend, or discontinue the program.
Oguz Alper Oktem updates his beneficial ownership in Marti Technologies, Inc., reporting 14,275,626 Class A Ordinary Shares, or 16.6% of the class. This percentage is based on 86,042,726 Class A Ordinary Shares outstanding as of February 28, 2026.
Of the reported holdings, 10,800,000 shares are held indirectly through the Oktem Family Fund LLC, 3,184,229 shares are held directly, and 291,397 shares underlie restricted stock units vesting within 60 days. An April 22, 2026 contribution by a new member increased the Oktem Family Fund’s total holdings to 22,800,000 shares.
Under a Second Amended and Restated LLC Agreement, Oktem keeps beneficial ownership rights over Oktem Portfolio Company Shares, including an irrevocable proxy to vote and the ability to direct sales. New Holland Capital LLC, as manager, may dispose of these shares only upon specified trigger events or after October 31, 2028.
Marti Technologies, Inc. insiders Cankut Durgun and Esra Unluaslan Durgun have updated their Schedule 13D to reflect a new holding structure and current ownership. Esra may be deemed to beneficially own 14,716,803 Class A Ordinary Shares, or 17.1% of the class, based on 86,042,726 shares outstanding as of February 28, 2026.
On April 22, 2026, Esra contributed 10,800,000 shares to Oktem Family Fund LLC in exchange for membership interests but retained beneficial ownership through an irrevocable proxy and sole power to direct sales. She also holds 3,625,406 shares directly and 291,397 shares underlying restricted stock units expected to vest within 60 days. By virtue of their marital relationship, Cankut may be deemed to share beneficial ownership of these shares but disclaims such ownership.
Marti Technologies, Inc. files its annual Form 20-F as a Cayman holding company for its Turkish mobility platform, which offers ride-hailing, delivery and two-wheeled electric vehicle services. The report notes 86,042,726 Class A ordinary shares outstanding as of December 31, 2025 and highlights that all revenue currently comes from Türkiye.
Management discloses extensive risks, including reliance on third-party app stores and payment processors, competition in ride-hailing and delivery, supply-chain and battery risks for its electric fleet, and significant exposure to geopolitical instability, earthquakes and macroeconomic volatility in Türkiye and the wider region.
The filing emphasizes a going concern warning tied to recurring losses and the need for continued external financing, alongside approximately $85.8 million of convertible notes outstanding, much of it in-the-money, which could pressure liquidity and dilute existing shareholders if converted.
Marti Technologies reported a sharp improvement in 2025 results, with revenue rising to $39.2 million, up 110.3% from 2024, and gross profit swinging from a loss to $24.0 million, for a 61% gross margin. Net loss narrowed from $73.9 million to $41.4 million as general and administrative costs fell and revenue scaled faster than expenses. Platform activity grew strongly, with trips increasing 60.3% to 50.84 million and all-time unique ride-hailing riders more than doubling to 3.384 million. The company reaffirmed its 2026 guidance, targeting $70 in revenue and $1 of Adjusted EBITDA, and maintained mid-2026 goals of 4.3 million all-time ride-hailing riders and 530 thousand registered drivers.
Healey Kerry Murphy reported acquisition or exercise transactions in this Form 4 filing.
Marti Technologies director Healey Kerry Murphy received 3,732 Class A Ordinary Shares as equity compensation. The shares were fully vested and issued under the company’s 2023 Incentive Award Plan in lieu of the director’s cash retainer for Q1 2026 board service, at a stated price of $0.00 per share.
After this grant, the director directly holds 236,402 Class A Ordinary Shares, which includes 36,764 shares underlying restricted stock units that will vest on the earlier of the company’s 2026 annual general meeting of shareholders or December 24, 2026, subject to continued service.
Lute Douglas reported acquisition or exercise transactions in this Form 4 filing.
Marti Technologies, Inc. director Douglas Lute received an equity grant instead of cash for first quarter 2026 board service. He was awarded 3,732 fully vested Class A Ordinary Shares under the company’s 2023 Incentive Award Plan, increasing his direct holdings to 195,558 Class A Ordinary Shares.
This total includes 36,764 Class A Ordinary Shares underlying restricted stock units granted under the same plan, which are scheduled to vest on the earlier of the company’s 2026 annual general meeting of shareholders or December 24, 2026, subject to his continued service.
Freifeld Daniel reported acquisition or exercise transactions in this Form 4 filing.
Marti Technologies director Daniel Freifeld received 20,261 Class A Ordinary Shares as a fully vested stock grant for first-quarter 2026 board service, issued under the company’s 2023 Incentive Award Plan in lieu of his cash retainer. Following this grant, he directly holds 962,181 Class A Ordinary Shares, including 74,580 shares underlying restricted stock units that vest on the earlier of the 2026 annual general meeting or December 24, 2026, subject to continued service. He is also associated with 7,467,715 additional Ordinary Shares held indirectly through Farragut Square Global Master Fund, LP and Callaway Capital Management, LLC, which he indirectly controls but for which he disclaims beneficial ownership beyond his pecuniary interest.
Spiro Alex reported acquisition or exercise transactions in this Form 4 filing.
Marti Technologies, Inc. director Alex Spiro received an equity grant instead of cash for first quarter 2026 board service. He was awarded 2,666 fully vested Class A Ordinary Shares under the company’s 2023 Incentive Award Plan as a retainer, increasing his direct holdings to 53,948 shares.
His position includes 26,260 Class A Ordinary Shares underlying restricted stock units granted under the same plan. These units are scheduled to vest on the earlier of the company’s 2026 annual general meeting of shareholders or December 24, 2026, subject to continued service.
Ugur Agah reported acquisition or exercise transactions in this Form 4 filing.
Marti Technologies, Inc. director Ugur Agah received a grant of 3,199 fully vested Class A Ordinary Shares as compensation for first-quarter 2026 board service, issued under the company’s 2023 Incentive Award Plan in lieu of a cash retainer. Following this award, Agah directly holds 388,840 Class A Ordinary Shares. The holdings also include 31,512 Class A Ordinary Shares underlying restricted stock units that are scheduled to vest on the earlier of the company’s 2026 annual general meeting of shareholders or December 24, 2026, subject to continued service.