Form 4: MARA Holdings CFO Salman Khan Reports Stock Transaction
SEC Form 4
Chief Financial Officer of MARA Holdings, Salman Hassan Khan, reports disposition of shares to cover tax liability related to vesting of restricted stock units.
Summary
- On February 3, 2025, Salman Hassan Khan, the Chief Financial Officer of MARA Holdings, Inc., reported a transaction involving the company's common stock.
- A total of 145,839 shares were disposed of at a price of $19.56 per share to cover tax liabilities associated with the vesting of performance-based restricted stock units.
- Following the transaction, Khan directly owns 1,679,837 shares of MARA Holdings, Inc.
- Khan also indirectly owns 176,818 shares through the S & N Khan Family Trust.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a standard transaction related to executive compensation and tax obligations.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations. It's common for company executives to sell shares to cover taxes when restricted stock units vest.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is related to tax obligations and does not indicate a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 02/03/2025 | Date of stock transaction (disposal of shares). |
| 02/05/2025 | Date of signature on the Form 4 filing. |
Keywords
MARA Holdings, Salman Khan, CFO, Form 4, Stock Transaction, Beneficial Ownership, Restricted Stock Units, Tax Liability
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