Form 4: MARA Holdings Director Jay P Leupp Sells 11,200 Shares Under 10b5-1 Plan

Director Jay P Leupp of MARA Holdings, Inc. sold 11,200 shares of common stock at $27.06 per share on November 25, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• Jay P Leupp, a director at MARA Holdings, Inc., sold 11,200 shares of common stock.
• The sale occurred on November 25, 2024, at a price of $27.06 per share.
• The transaction was executed under a Rule 10b5-1 trading plan adopted on June 5, 2024.
• Following the transaction, Mr. Leupp directly owns 142,556 shares of MARA Holdings, Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of a stock sale by a director under a pre-arranged plan, which is neither positive nor negative.

Industry Context

This is a routine disclosure of a stock sale by a company director, which is common practice and required by the SEC. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders and are required by the SEC.
• The use of a 10b5-1 trading plan is a common method for insiders to sell shares without being accused of trading on non-public information.
• The sale of 11,200 shares is not unusual for a director and does not indicate any significant deviation from industry norms.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment, but is unlikely to have a significant effect due to the pre-arranged nature of the sale.

Key Dates

Keywords

MARA Holdings, Jay P Leupp, stock sale, Form 4, insider trading, Rule 10b5-1, director, equity securities