Form 4: Mara Holdings Director Georges Antoun Receives Restricted Stock Units

Director Georges Antoun received 43,103 restricted stock units (RSUs) from Mara Holdings, Inc. on February 28, 2025, which will vest on January 31, 2026, contingent upon continued service.

Summary

• On February 28, 2025, Georges Antoun, a director of MARA Holdings, Inc., was granted 43,103 restricted stock units (RSUs).
• These RSUs were granted under the issuer's Amended and Restated 2018 Equity Incentive Plan.
• The RSUs will vest in full on January 31, 2026, contingent upon Antoun's continued service to the company.
• Each RSU represents a contingent right to receive one share of MARA Holdings' common stock, with a par value of $0.0001 per share.
• Following the transaction, Antoun beneficially owns 167,880 shares of common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The granting of RSUs is a standard practice and indicates confidence in the director's continued service. It's a routine event, but positive for aligning interests.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders, incentivizing continued service and contribution to the company's success.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the RSUs.

Industry Context

Grants of restricted stock units are a common practice in corporate governance to incentivize and retain key personnel, aligning their interests with those of the shareholders.

Comparison to Industry Standards

• Equity compensation practices vary across industries and company sizes.
• Comparing the size and vesting schedule of these RSUs to similar grants at comparable companies in the technology or cryptocurrency sectors would provide a more detailed assessment of their competitiveness.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it incentivizes the director to work towards increasing shareholder value.
• The director benefits from the potential future value of the RSUs.

Key Dates