Form 4: Mara Holdings CFO Salman Khan Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Chief Financial Officer of Mara Holdings, Salman Khan, disposed of shares to cover tax liabilities related to vesting restricted stock units.
Summary
- Salman Hassan Khan, the CFO of MARA Holdings, Inc., disposed of shares of common stock on April 8, 2025, to cover tax liabilities associated with the vesting of restricted stock units.
- The transactions involved the disposal of 8,136 shares at $11.50, 9,433 shares at $11.84, and 41,848 shares at $13.92.
- Following these transactions, Khan directly owns 1,714,371 shares of MARA Holdings common stock and indirectly owns 309,925 shares through the S & N Khan Family Trust.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects routine transactions to cover tax obligations, with no indication of positive or negative implications for the company's performance.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The disposal of shares by the CFO could have a minor impact on shareholders due to the increased supply of shares in the market, but the impact is likely to be minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 04/08/2025 | Date of share disposal transactions. |
| 04/10/2025 | Date of signature by Attorney-in-Fact. |
Keywords
MARA Holdings, Salman Khan, CFO, Form 4, Share Disposal, Tax Liability, Restricted Stock Units, Beneficial Ownership
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