Form 4: MARA Holdings CFO Salman Khan Reports Stock Transactions

Chief Financial Officer of MARA Holdings, Salman Khan, reports disposition and acquisition of company stock, including shares withheld for tax liability and sales under a 10b5-1 trading plan.

Summary

• On February 28, 2025, Salman Khan, CFO of MARA Holdings, had 30,946 shares of common stock withheld to cover his tax liability related to the vesting of restricted stock units at a price of $18.34.
• On March 3, 2025, Khan sold 16,700 shares of common stock at a price of $15.31.
• These sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 21, 2024.
• Following these transactions, Khan directly owns 1,773,788 shares of MARA Holdings common stock.
• Khan also indirectly owns 309,925 shares through the S & N Khan Family Trust, where he and his spouse serve as trustees and his immediate family are the beneficiaries.

Sentiment

Score: 5

Explanation: Neutral sentiment as it reports routine stock transactions by an executive. The use of a 10b5-1 plan suggests pre-planned sales, reducing potential negative interpretations.

Industry Context

Form 4 filings are standard practice for reporting insider transactions, providing transparency to investors regarding the buying and selling activities of company executives and directors. The use of a 10b5-1 trading plan is a common strategy to avoid accusations of insider trading.

Key Dates