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  4. [Form 4] MARA Holdings, Inc. Insider Trading Activity

MARA Holdings (MARA) CFO reports tax withholding and 1,135,366 direct shares

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

MARA Holdings, Inc. Chief Financial Officer Salman Hassan Khan reported a routine share withholding tied to equity compensation. On 01/30/2026, 34,449 shares of common stock were withheld at $9.50 per share to cover his tax liability from vesting restricted stock units, and this was explicitly not an open market sale. After this transaction, he beneficially owned 1,135,366 common shares directly and 311,886 common shares indirectly through the S & N Khan Family Trust, where he and his spouse serve as trustees for the benefit of immediate family members.

Positive

  • None.

Negative

  • None.
Insider Khan Salman Hassan
Role Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Common Stock 34,449 $9.50 $327K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 1,135,366 shares (Direct); Common Stock — 311,886 shares (Indirect, By S & N Khan Family Trust)
Footnotes (1)
  1. Reflects shares of the issuer's common stock withheld to cover the reporting person's tax liability in connection with the vesting of restricted stock units. This transaction was not an open market sale by the reporting person. The reporting person and his spouse are trustees of the S & N Khan Family Trust, and members of the reporting person's immediate family are the sole beneficiaries of the trust.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Khan Salman Hassan
(Last) (First) (Middle)
C/O MARA HOLDINGS, INC.
1010 SOUTH FEDERAL HIGHWAY, SUITE 2700
(Street)
HALLANDALE BEACH FL 33009
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MARA Holdings, Inc. [ MARA ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/30/2026 F 34,449(1) D $9.5 1,135,366 D
Common Stock 311,886 I(2) By S & N Khan Family Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Reflects shares of the issuer's common stock withheld to cover the reporting person's tax liability in connection with the vesting of restricted stock units. This transaction was not an open market sale by the reporting person.
2. The reporting person and his spouse are trustees of the S & N Khan Family Trust, and members of the reporting person's immediate family are the sole beneficiaries of the trust.
/s/ Zabi Nowaid, Attorney-in-Fact for Salman Khan 02/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did MARA CFO Salman Khan report on this Form 4?

Salman Hassan Khan reported a routine tax-withholding transaction. On 01/30/2026, 34,449 shares of MARA Holdings common stock were withheld at $9.50 per share to satisfy taxes from vesting restricted stock units, and this was not an open market sale.

Did MARA CFO Salman Khan sell MARA stock in the open market?

No, the Form 4 shows no open market sale by Salman Khan. The 34,449 shares reported with transaction code “F” were withheld by the company solely to cover his tax liability on vesting restricted stock units, not sold into the market.

How many MARA shares does CFO Salman Khan hold directly after this transaction?

After the transaction, Salman Khan held 1,135,366 MARA shares directly. This direct beneficial ownership figure reflects his position following the 34,449 shares withheld to cover taxes related to the vesting of restricted stock units on January 30, 2026.

What indirect MARA share holdings are reported for Salman Khan on this Form 4?

The Form 4 reports 311,886 MARA shares held indirectly. These shares are owned through the S & N Khan Family Trust, where Salman Khan and his spouse are trustees and members of his immediate family are the sole beneficiaries of the trust.

What is transaction code "F" in Salman Khan’s MARA Form 4 filing?

Transaction code “F” indicates shares withheld for taxes. In this case, 34,449 MARA common shares were withheld at $9.50 to satisfy Salman Khan’s tax obligations arising from the vesting of restricted stock units, rather than being sold on the open market.

What is Salman Khan’s role at MARA Holdings, Inc. according to this filing?

Salman Hassan Khan is identified as Chief Financial Officer of MARA Holdings. The Form 4 designates him as an officer, specifically holding the title Chief Financial Officer, and reports both his direct and indirect beneficial ownership of MARA common stock.