Form 4: MARA CEO Thiel Reports Routine Stock Transaction

MARA Holdings, Inc. CEO Frederick G. Thiel reported a routine disposition of 10,418 common shares to cover tax liabilities related to restricted stock unit vesting.

Summary

• Frederick G. Thiel, Chief Executive Officer and Director of MARA Holdings, Inc., reported a transaction on January 8, 2026.
• The transaction involved the disposition of 10,418 shares of common stock at a price of $8.98 per share.
• These shares were withheld to cover tax liability associated with the vesting of restricted stock units.
• This transaction was not an open market sale by the reporting person.
• Following the transaction, Thiel beneficially owns 3,545,071 shares of MARA common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine tax-related disposition of shares following the vesting of restricted stock units, which is a neutral event from an investment perspective. It is not an open market sale.

Positives

• The underlying event, the vesting of restricted stock units, represents compensation earned by the CEO.

Negatives

• A reduction of 10,418 shares in direct beneficial ownership due to tax withholding.

Future Outlook

NA

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, which is common across all industries for executives receiving equity-based compensation.

Stakeholder Impact

• Shareholders: Minimal impact as it is a routine tax-related transaction, not indicative of management's view on the stock's future performance.
• Management: The CEO received vested restricted stock units, which is a form of compensation.

Key Dates

Keywords

MARA Holdings, Frederick G Thiel, Form 4, Insider Transaction, Stock Vesting, Tax Withholding, CEO, Director, Common Stock, Restricted Stock Units, MARA