Form 4: MARA CFO Salman Khan Reports Routine Tax Withholding

MARA Holdings' Chief Financial Officer, Salman Khan, reported a routine disposition of 31,007 common shares to cover tax liabilities from restricted stock unit vesting.

Summary

• Salman Hassan Khan, Chief Financial Officer of MARA Holdings, Inc., reported a transaction involving the company's common stock.
• On February 5, 2026, 31,007 shares of common stock were disposed of at a price of $9.12 per share.
• This disposition was not an open market sale but rather shares withheld to cover tax liability associated with the vesting of restricted stock units.
• Following this transaction, Khan directly beneficially owns 1,104,359 shares of common stock.
• Additionally, 311,886 shares are indirectly beneficially owned through the S & N Khan Family Trust, where Khan and his spouse are trustees.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine administrative transaction for tax purposes rather than a strategic move by the CFO.

Positives

• The transaction is a routine tax withholding, not an open market sale, indicating no active divestment by the CFO.

Negatives

• No specific negatives are identified as this is a routine tax-related transaction.

Risks

• No specific risks are mentioned in this Form 4 filing.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Management Comments

• No direct quotes or paraphrased statements from company management are included in this Form 4 filing.

Industry Context

StockSavvy.ai notes that routine tax withholdings related to restricted stock unit vesting are common practice for executives in publicly traded companies across various industries. This transaction does not reflect a discretionary sale or purchase, distinguishing it from market-driven insider trading activities.

Comparison to Industry Standards

• This transaction is a standard practice for executive compensation and tax management, aligning with typical industry procedures for RSU vesting. There are no specific comparable companies or projects mentioned in the filing to assess against.

Related Party Transactions

• Salman Khan and his spouse are trustees of the S & N Khan Family Trust, which indirectly beneficially owns 311,886 shares of MARA common stock.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary tax-related transaction by an insider, not an open market sale.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Next Steps

• No specific future actions, events, or milestones are mentioned in this Form 4 filing.

Key Dates

Keywords

MARA Holdings, MARA, Salman Khan, CFO, Form 4, SEC filing, insider transaction, tax withholding, restricted stock units, RSU vesting, beneficial ownership