Form 4: MARA CFO Sells Shares for Tax Obligations

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

Summary

• Salman Hassan Khan, Chief Financial Officer of MARA Holdings, Inc., reported transactions involving the company's common stock.
• On January 8, 2026, Khan disposed of 9,002 shares of common stock at a price of $8.98 per share.
• On the same date, an additional 9,513 shares of common stock were disposed of at a price of $9.91 per share.
• These dispositions were not open market sales but reflect shares withheld to cover tax liability in connection with the vesting of restricted stock units.
• Following these transactions, Khan directly beneficially owns 1,179,328 shares and 1,169,815 shares.
• Khan also 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 the sole beneficiaries.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax withholding related to RSU vesting, which is a neutral event with no direct positive or negative implications for the company's operational or financial performance.

Positives

• NA

Negatives

• NA

Risks

• NA

Future Outlook

NA

Management Comments

• NA

Industry Context

NA

Comparison to Industry Standards

• NA

Legal Proceedings

• NA

Related Party Transactions

• NA

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary sale to cover tax obligations from RSU vesting.
• No direct impact on employees, customers, suppliers, or creditors.

Next Steps

• NA

Key Dates

Keywords

MARA, Form 4, insider transaction, CFO, stock sale, tax withholding, restricted stock units, beneficial ownership