Form 4: MARA CFO's Tax-Related Stock Disposition

MARA Holdings' CFO, Salman Hassan Khan, reported a disposition of 8,136 common shares to cover tax liabilities from restricted stock unit vesting.

Summary

• Salman Hassan Khan, Chief Financial Officer of MARA Holdings, Inc. (MARA), reported a transaction on October 1, 2025.
• The transaction involved the disposition of 8,136 shares of common stock at a price of $18.26 per share.
• This disposition was due to shares being withheld to cover the reporting person's tax liability in connection with the vesting of restricted stock units.
• This was not an open market sale by the reporting person.
• Following the reported transaction, Salman Hassan Khan directly beneficially owns 1,360,477 shares of common stock.
• Additionally, 318,428 shares are indirectly beneficially owned through the S & N Khan Family Trust, where the reporting person and spouse are trustees and immediate family members are beneficiaries.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax purposes related to restricted stock unit vesting, which is a neutral event for the company's operational or financial performance.

Negatives

• The Chief Financial Officer's direct beneficial ownership of common stock decreased by 8,136 shares due to tax withholding.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance.

Industry Context

This is a routine insider transaction disclosure and does not provide specific insights into broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-open market transaction for tax purposes by an executive.

Key Dates

Recommendation

A routine insider transaction, specifically the withholding of shares for tax liability upon RSU vesting, does not typically indicate a change in the company's fundamental prospects or warrant a shift in investment recommendation. It is a standard compensation-related event.

Keywords

MARA, Salman Khan, Form 4, Insider Transaction, Stock Disposition, CFO, Restricted Stock Units, Tax Liability