Form 4: Mara Holdings General Counsel Zabi Nowaid Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Zabi Nowaid, General Counsel of Mara Holdings, Inc., reported disposing of shares to cover tax liabilities related to vesting restricted stock units.
Summary
- On April 8, 2025, Zabi Nowaid, General Counsel of Mara Holdings, Inc., disposed of 3,254 shares of common stock at $11.50 and 16,739 shares at $13.92 to cover tax obligations.
- These disposals were not open market sales but were shares withheld to cover the reporting person's tax liability in connection with the vesting of restricted stock units.
- Following these transactions, Nowaid beneficially owns 843,567 shares of Mara Holdings, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares in the market, but it is primarily related to insider tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/08/2025 | Date of stock disposal to cover tax liability. |
| 04/10/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, MARA Holdings, Zabi Nowaid, stock disposal, tax liability, restricted stock units, beneficial ownership, General Counsel
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.