$MDAI

$1.53 +$0.03 (2.0%) Close

$MDAI Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 32.2M shares outstanding

Who owns MDAI?

By type of holder

Institutions 14.9% Insiders 10.5% Everyone else 74.6%

Concentration Top 10 holders own 23.7%

DiMaio John Michael 9.1% · Vanguard Capital Management LLC 3.1%

Institutional ownership

14.9%

+4.6 pts vs last qtr

Institutional holders

+10 vs last qtr

Net shares bought

+1.5M

by institutions in Q2 2026

New / sold out

12 / 2

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Marshall Wace, LLP NEW +827.5K
Vanguard Capital Management LLC +268.1K

Biggest sellers in Q2 2026

University Of Texas/texas Am Investment Management Co −88.8K
Geode Capital Management, LLC −78.6K

Who is planning to sell?

No insider has filed a notice of proposed sale (Form 144) for Spectral AI Inc in the last 12 months.

Is your stake being diluted?

Diluted share count, FY2022–FY2025

+101.9%

+26.38% a year

Each share's claim on the business

−50.5%

shrank without buying or selling a share

Spent on buybacks vs paid in stock

$251M vs $4.55M

over 4 fiscal years

Diluted shares, split-adjusted

Buybacks Stock-based comp

How patient are the owners?

Institutional shares by how long they've been held

5+ years0% 3–5 years0% 1–3 years70% Under 1 year30%

Quarterly turnover

28.1%

of institutional shares changed hands

Top 10 managers, median time held

2.3 years

Super Investors

Investment managers reporting MDAI on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
VC Vanguard Capital Management LLC	994.4K	3.09%	+268.1K (+36.9%)	2024	0.0%
Shares held by quarter Peak holding994.4K (Q2'26) Change over 8 quarters+994.4K Share of the company3.090% Vanguard Capital Management LLC's full portfolio →
HP Highlander Partners, L.P.	900.0K	2.80%	Unchanged	2023	0.5%
Shares held by quarter Peak holding900.0K (Q3'24) Change over 8 quarters0 Share of the company2.800% Highlander Partners, L.P.'s full portfolio →

Vanguard Capital Management LLC

994.4K

% of company

3.09%

Change vs last qtr

+268.1K (+36.9%)

Held since

2024

Highlander Partners, L.P.

900.0K

% of company

2.80%

Change vs last qtr

Unchanged

Held since

2023

25 more super investors behind a free account

See every manager holding Spectral AI Inc, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting MDAI on Form N-PORT; together they hold 4.6% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
VT Vanguard Total Stock Market Index Fund Vanguard Index Funds	$1.27M	733.2K	2.28%	0.00%	June 30, 2026
VE Vanguard Extended Market Index Fund Vanguard Index Funds	$428K	247.5K	0.77%	0.00%	June 30, 2026

Vanguard Total Stock Market Index Fund

Vanguard Index Funds

Position value

$1.27M

% of company

2.28%

% of the fund

0.00%

As of

June 30, 2026

Vanguard Extended Market Index Fund

Vanguard Index Funds

Position value

$428K

% of company

0.77%

% of the fund

0.00%

As of

June 30, 2026

9 more funds behind a free account

See every fund holding Spectral AI Inc and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
DJ DiMaio John Michael Insider	2.9M	9.08%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company9.080% DiMaio John Michael's insider activity →
ES Erich Spangenberg 5%+ holder 13D · 2.4%	736.1K	2.29%	—	—	—	—
This holder reports through Schedule 13D/G, not a quarterly 13F. Share of the company2.290% Disclosed stake13D · 2.4% View the 13D/G filing →

DiMaio John Michael

Insider

2.9M

% of company

9.08%

Change vs last qtr

—

Held since

—

Erich Spangenberg

5%+ holder13D · 2.4%

736.1K

% of company

2.29%

Change vs last qtr

—

Held since

—

6 more holders behind a free account

See every insider and 5%+ holder of Spectral AI Inc.

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