Form 4: MARA CFO Salman Khan Reports RSU Tax Withholding

MARA Holdings, Inc.'s Chief Financial Officer, Salman Khan, reported the withholding of 34,449 common shares to cover tax liabilities related to restricted stock unit vesting.

Summary

• Salman Hassan Khan, Chief Financial Officer of MARA Holdings, Inc., reported a transaction on January 30, 2026.
• 34,449 shares of common stock were disposed of (withheld) at a deemed price of $9.5 per share.
• This disposition was to cover the reporting person's tax liability in connection with the vesting of restricted stock units.
• The transaction was explicitly stated not to be an open market sale by the reporting person.
• Following this transaction, Khan directly beneficially owns 1,135,366 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 and immediate family are beneficiaries.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine administrative action related to executive compensation rather than a strategic or operational development for MARA Holdings, Inc.

Positives

• The transaction reflects the vesting of restricted stock units, indicating the realization of compensation for the Chief Financial Officer.

Negatives

• No direct negatives are apparent from this routine tax withholding transaction.

Risks

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

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Management Comments

• No direct quotes or paraphrased statements from company management are provided in this Form 4 filing, beyond the factual reporting of the transaction.

Industry Context

StockSavvy.ai notes that the withholding of shares to cover tax liabilities upon the vesting of restricted stock units is a standard and routine compensation practice across various industries, particularly for executive compensation packages. This transaction does not indicate any specific industry trends or competitive shifts.

Comparison to Industry Standards

• This transaction is a standard practice for executive compensation and tax management related to equity awards. It aligns with common industry practices where companies like Apple, Google, and Microsoft also facilitate tax withholdings for RSU vesting, rather than requiring executives to sell shares on the open market to cover tax obligations. No specific comparable companies or projects are relevant for this routine administrative event.

Related Party Transactions

• Salman Khan indirectly beneficially owns 311,886 shares through the S & N Khan Family Trust, where he and his spouse are trustees and immediate family members are beneficiaries, constituting a related party for beneficial ownership reporting.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related transaction for executive compensation, not an open market sale that would significantly affect liquidity or share price.
• Management: Reflects the realization of equity compensation for the Chief Financial Officer.

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, restricted stock units, RSU vesting, tax withholding, insider transaction, beneficial ownership