MDAINasdaqSurgical & Medical Instruments & ApparatusFiscal year ends December 31Also trades as MDAIW
Spectral AI, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 11, 2026
$1.52+0.01 (+0.66%)
Close on Oct 19, 2026
- Market cap
- $48.76M
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
5M
Shares held, 13F filers
Institutional holders
34
12 new, 2 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
0 buys · 0 sales
Open-market trades only
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| John Michael DiMaio | 2,485,908 | 15.30% | 13D (active) amendment | Feb 7, 2024 |
| LMR Partners LLP | 2,106,358 | 6.20% | 13G (passive) | Jun 30, 2026 |
| Octopus Investments Limited | – | – | 13G (passive) amendment | Sep 30, 2024 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of MDAI | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Vanguard Capital Management LLC | 994,410 | – | $1.72M | +268,120 | 0.00% |
| Highlander Partners, L.P. | 900,000 | – | $1.56M | – | 0.52% |
| Marshall Wace, Llp | 827,454 | – | $1.43M | New | 0.00% |
| Bridgeway Capital Management, LLC | 287,000 | – | $496.51K | +88,000 | 0.01% |
| Jane Street Group, LLC | 226,319 | – | $391.53K | +5,318 | 0.00% |
| UBS Group AG | 225,823 | – | $390.67K | +112,803 | 0.00% |
| Geode Capital Management, LLC | 222,595 | – | $385.16K | −78,612 | 0.00% |
| BlackRock, Inc. | 161,777 | – | $279.87K | +39,523 | 0.00% |
| LPL Financial LLC | 160,701 | – | $278.01K | New | 0.00% |
| Vanguard Fiduciary Trust Co | 142,664 | – | $246.81K | +868 | 0.00% |
| University Of Texas/Texas Am Investment Managment Co | 121,711 | – | $210.56K | −88,777 | 0.02% |
| Rathbones Group PLC | 87,045 | – | $150.59K | −87,045 | 0.00% |
| State Street Corp | 75,600 | – | $130.79K | – | 0.00% |
| Forum Financial Management, LP | 60,501 | – | $104.67K | – | 0.00% |
| Northern Trust Corp | 50,547 | – | $87.45K | +18,449 | 0.00% |
| Virtu Financial LLC | 40,979 | – | $71 | New | 0.00% |
| XTX Topco Ltd | 32,927 | – | $56.96K | +5,839 | 0.00% |
| JPMorgan Chase & Co | 20,259 | – | $34.24K | New | 0.00% |
| N.E.W. Advisory Services LLC | 20,010 | – | $34.62K | +6,010 | 0.00% |
| Royal Bank of Canada | 15,452 | – | $27.00K | New | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|
| Q2 2026 | 34 | 5M | 12 / 11 | 3 / 2 | 2M | 0M |
| Q1 2026 | 24 | 3M | 5 / 5 | 4 / 7 | 1M | 2M |
| Q4 2025 | 27 | 5M | 7 / 8 | 2 / 4 | 2M | 0M |
| Q3 2025 | 24 | 3M | 3 / 8 | 7 / 5 | 0M | 1M |
| Q2 2025 | 26 | 4M | 6 / 6 | 5 / 6 | 1M | 0M |
| Q1 2025 | 26 | 4M | 5 / 7 | 5 / 7 | 0M | 0M |
| Q4 2024 | 28 | 3M | 10 / 8 | 3 / 5 | 0M | 0M |
| Q3 2024 | 23 | 3M | 3 / 9 | 1 / 1 | 0M | 0M |
| Q2 2024 | 22 | 3M | 5 / 4 | 5 / 8 | 0M | 1M |
| Q1 2024 | 25 | 3M | 12 / 5 | 1 / 2 | 1M | 0M |
| Q4 2023 | 15 | 2M | 6 / 2 | 2 / 0 | 0M | 7M |
| Q3 2023 | 9 | 9M | 9 / 0 | 0 / 0 | 9M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of MDAI | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 733,170 | – | $1.27M | 0.00% | Jun 30, 2026 |
| Ultra-Small Company Fund | 287,000 | – | $496.51K | 0.50% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 247,504 | – | $428.18K | 0.00% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 116,021 | – | $240.16K | 0.00% | May 31, 2026 |
| iShares Micro-Cap ETF | 91,968 | – | $159.10K | 0.01% | Jun 30, 2026 |
| Fidelity Series Total Market Index Fund | 30,346 | – | $62.82K | 0.00% | May 31, 2026 |
| Fidelity Total Market Index Fund | 28,717 | – | $59.44K | 0.00% | May 31, 2026 |
| Vanguard Balanced Index Fund | 13,736 | – | $23.76K | 0.00% | Jun 30, 2026 |
| Fidelity Nasdaq Composite Index Fund | 10,463 | – | $21.66K | 0.00% | May 31, 2026 |
| 1290 VT Micro Cap Portfolio | 6,203 | – | $10.73K | 0.00% | Jun 30, 2026 |
| Blackstone Alternative Multi-Strategy Fund | -5,700 | – | -$9.86K | -0.00% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | Latest filing |
|---|---|---|---|
| Vincent S. Capone | Chief Executive Officer | 286,450 | Apr 27, 2026 |
| John Michael DiMaio | Director | 5,404,755 | Sep 29, 2026 |
| Deepak Sadagopan | Director | 25,000 | May 20, 2026 |
| Richard John Cotton | Director | 111,477 | May 18, 2026 |
| Marion Ann Snyder | Director | 25,000 | Apr 27, 2026 |
| Martin C.B. Mellish | Director | 24,398 | Jun 6, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| John Michael DiMaio Director | Sep 28, 2026 | Award | +32,000 | $1.62 | $51.84K | 2,922,847 |
| John Michael DiMaio Director | Sep 23, 2026 | Award | +60,000 | $1.67 | $100.20K | 2,890,847 |
| John Michael DiMaio Director | Sep 21, 2026 | Award | +21,012 | $1.69 | $35.51K | 2,830,847 |
| John Michael DiMaio Director | Sep 18, 2026 | Award | +10,988 | $1.61 | $17.69K | 2,809,835 |
| John Michael DiMaio Director | Sep 11, 2026 | Award | +22,000 | $1.59 | $34.98K | 2,798,847 |
| John Michael DiMaio Director | Sep 10, 2026 | Award | +10,000 | $1.56 | $15.60K | 2,776,847 |
| John Michael DiMaio Director | Aug 13, 2026 | Award | +35,000 | $1.64 | $57.40K | 2,766,847 |
| John Michael DiMaio Director | Jun 29, 2026 | Award | +15,000 | $1.73 | $25.95K | 2,731,847 |
| John Michael DiMaio Director | Jun 25, 2026 | Award | +14,700 | $1.69 | $24.84K | 2,716,847 |
| John Michael DiMaio Director | Jun 24, 2026 | Award | +14,300 | $1.74 | $24.88K | 2,702,147 |
| John Michael DiMaio Director | May 29, 2026 | Award | +15,000 | $2.12 | $31.80K | 2,687,847 |
| John Michael DiMaio Director | May 28, 2026 | Award | +2,500 | $2.36 | $5.90K | 2,672,847 |
| John Michael DiMaio Director | May 26, 2026 | Award | +32,233 | $2.61 | $84.13K | 2,670,347 |
| Richard John Cotton Director | May 18, 2026 | Award | +8,818 | $2.40 | $21.16K | 111,477 |
| John Michael DiMaio Director | May 15, 2026 | Award | +25,000 | $2.16 | $54.00K | 2,638,114 |
| John Michael DiMaio Director | May 15, 2026 | Award | +1,887 | $2.12 | $4.00K | 2,613,114 |
| Richard John Cotton Director | May 15, 2026 | Award | +5,882 | $2.33 | $13.71K | 102,659 |
| Deepak Sadagopan Director | Apr 24, 2026 | Award | +25,000 | – | – | 25,000 |
| Marion Ann Snyder Director | Apr 24, 2026 | Award | +25,000 | – | – | 25,000 |
| Vincent S. Capone Chief Executive Officer | Apr 24, 2026 | Award | +100,000 | – | – | 286,450 |
| Richard John Cotton Director | Apr 24, 2026 | Award | +29,850 | – | – | 96,777 |
| John Michael DiMaio Director | Apr 24, 2026 | Award | +100,000 | – | – | 2,611,227 |
| John Michael DiMaio Director | Mar 27, 2026 | Award | +7,619 | $1.58 | $12.04K | 2,511,227 |
| Vincent S. Capone Chief Executive Officer | Mar 27, 2026 | Award | +16,750 | $1.52 | $25.46K | 186,450 |
| John Michael DiMaio Director | Jun 10, 2025 | Award | +9,700 | $2.11 | $20.47K | 2,503,608 |
| John Michael DiMaio Director | Jun 9, 2025 | Award | +2,000 | $2.10 | $4.20K | 2,493,908 |
| Martin C.B. Mellish Director | Jun 4, 2025 | Award | +5,000 | $1.73 | $8.65K | 24,398 |
| Richard John Cotton Director | Apr 30, 2025 | Award | +9,699 | – | – | 66,927 |
| Vincent S. Capone CFO and General Counsel | Apr 30, 2025 | Award | +100,000 | – | – | 119,700 |
| Martin C.B. Mellish Director | Apr 30, 2025 | Award | +9,699 | – | – | 19,398 |
| Erich Spangenberg Director, 10% owner | May 15, 2024 | Award | +6,000 | $1.74 | $10.44K | 628,574 |
| John Michael DiMaio Director, 10% owner | May 10, 2024 | Buy | +6,000 | $1.72 | $10.32K | 2,491,908 |
| Stan Micek CHIEF OPERATING OFFICER | May 10, 2024 | Award | +10,000 | $1.72 | $17.20K | 10,000 |
| Vincent S. Capone CFO and General Counsel | May 10, 2024 | Award | +10,000 | $1.73 | $17.30K | 19,700 |
| Erich Spangenberg Director, 10% owner | May 10, 2024 | Award | +45,000 | $1.77 | $79.65K | 622,574 |
| Jeremiah A. Sparks Chief Commerical Officer | May 10, 2024 | Award | +6,084 | $1.65 | $10.04K | 16,084 |
| Peter M. Carlson Chief Executive Officer, Director | May 10, 2024 | Award | +29,411 | $1.74 | $51.18K | 29,411 |
| John Michael DiMaio Director, 10% owner | Jan 19, 2024 | Small purchase | +2,000 | $2.20 | $4.40K | 2,485,908 |
| John Michael DiMaio Director, 10% owner | Jan 9, 2024 | Small purchase | +2,000 | $2.69 | $5.38K | 2,483,908 |
| John Michael DiMaio 10% owner | Nov 20, 2023 | Buy | +2,000 | $2.67 | $5.34K | 2,481,908 |
| Richard John Cotton Director | Nov 17, 2023 | Award | +14,650 | $2.67 | $39.12K | 47,529 |
| John Michael DiMaio 10% owner | Nov 16, 2023 | Buy | +500 | $2.68 | $1.34K | 2,479,908 |
| John Michael DiMaio 10% owner | Nov 14, 2023 | Buy | +355 | $2.81 | $998 | 2,479,408 |
| John Michael DiMaio 10% owner | Sep 13, 2023 | Buy | +198 | $5.07 | $1.00K | 2,479,053 |
| John Michael DiMaio 10% owner | Sep 12, 2023 | Buy | +1,000 | $5.97 | $5.97K | 2,478,855 |
| Jeffrey Edward Thatcher CHIEF SCIENTIST | Sep 11, 2023 | Other | +23,278 | – | – | 23,278 |
| Brian J. Radecki Director | Sep 11, 2023 | Option exercise | +25,000 | – | – | 25,000 |
| Wensheng Fan CHIEF EXECUTIVE OFFICER, Director | Sep 11, 2023 | Other | +145,489 | – | – | 145,489 |
| Michael Patrick Murphy Director | Sep 11, 2023 | Option exercise | +815,000 | – | – | 815,000 |
| Michael Patrick Murphy Director | Sep 11, 2023 | Award | +33,333 | – | – | 848,333 |
| Vincent S. Capone GENERAL COUNSEL | Sep 11, 2023 | Other | +9,699 | – | – | 9,699 |
| Heather Bellini Director | Sep 11, 2023 | Option exercise | +20,000 | – | – | 20,000 |
| Franklin S. Edmonds Jr. Director | Sep 11, 2023 | Option exercise | +20,000 | – | – | 20,000 |
| Richard John Cotton Director | Sep 11, 2023 | Other | +32,879 | – | – | 32,879 |
| Glazer Capital, Llc 10% owner | May 21, 2021 | Sale | −1,125 | $9.89 | $11.13K | 2,512,808 |
| Paul J. Glazer 10% owner | May 6, 2021 | Sale | −15,000 | $10.00 | $150.00K | 2,513,977 |
| Paul J. Glazer 10% owner | May 5, 2021 | Sale | −15,000 | $10.00 | $150.00K | 2,532,656 |
| Paul J. Glazer 10% owner | May 4, 2021 | Sale | −45,044 | $9.99 | $449.99K | 2,547,656 |
| Paul J. Glazer 10% owner | Apr 29, 2021 | Sale | −1,450 | $10.00 | $14.50K | 2,592,700 |
| Paul J. Glazer 10% owner | Apr 16, 2021 | Sale | −577 | $10.00 | $5.77K | 2,594,150 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Erich Spangenberg; ELS 1960 Family, L.P. Former Director | Jul 21, 2025 | 736,131 | $1.85M | Jul 21, 2025 | Private Purchase |