MARA CFO sells 16,000 shares via family trust

MARA Holdings, Inc. Chief Financial Officer Salman Hassan Khan reported an insider transaction involving company common stock.

Rhea-AI Filing Summary

MARA Holdings, Inc. Chief Financial Officer Salman Hassan Khan reported an insider transaction involving company common stock. On April 17, 2026, a trust associated with him completed an open-market sale of 16,000 shares at $11.68 per share.

The shares were held indirectly through the S & N Khan Family Trust, where Khan and his spouse serve as trustees and family members are beneficiaries. After this sale, the trust still holds 441,066 shares indirectly, and Khan also holds 1,797,111 shares directly, indicating he retains a substantial stake in MARA Holdings.

Insider Trade Summary 10b5-1

Net Seller: 16,000 shares

Net Sell 2 txns

Insider Khan Salman Hassan

Role Chief Financial Officer

Sold 16,000 shs ($187K)

Type	Security	Shares	Price	Value
Sale	Common Stock	16,000	$11.68	$187K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 441,066 shares (Indirect, By S & N Khan Family Trust); Common Stock — 1,797,111 shares (Direct)

Footnotes (2)

1. F1. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 11, 2025.
2. F2. 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.

Key Figures

Shares sold: 16,000 shares Sale price: $11.68 per share Direct holdings after: 1,797,111 shares +2 more

5 metrics

Shares sold 16,000 shares Open-market sale on April 17, 2026

Sale price $11.68 per share Average price for 16,000 shares sold

Direct holdings after 1,797,111 shares Common stock held directly by CFO after transactions

Indirect holdings after 441,066 shares Common stock held via S & N Khan Family Trust

Net shares sold 16,000 shares Net sell direction in transaction summary

Key Terms

Rule 10b5-1 trading plan, open-market sale, indirect ownership, Form 4, +1 more

5 terms

Rule 10b5-1 trading plan financial

"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

open-market sale financial

"transaction_action: "open-market sale" for 16,000 shares of Common Stock"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

indirect ownership financial

"direct_or_indirect: "I" and nature_of_ownership: "By S & N Khan Family Trust""

Form 4 regulatory

"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

trustees financial

"The reporting person and his spouse are trustees of the S & N Khan Family Trust"

Trustees are people or a small group legally appointed to hold and manage assets, documents, or obligations on behalf of others and must act in those beneficiaries’ best interests. Think of them as a neutral guardian or custodian who enforces rules, protects assets, and makes decisions that can affect payments, corporate governance, or recovery in a default — all of which directly influence investor returns and risk.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did MARA (MARA) disclose for its CFO?

MARA’s CFO Salman Hassan Khan disclosed an insider sale of 16,000 shares of common stock. The trade occurred on April 17, 2026, and was executed as an open-market transaction through a family trust associated with him and his immediate family.

At what price were the MARA (MARA) shares sold in the CFO’s Form 4?

The 16,000 MARA shares were sold at an average price of $11.68 per share. This represents an open-market sale disclosed in a Form 4 filing and reflects trading activity by a family trust linked to the company’s Chief Financial Officer.

How many MARA (MARA) shares does the CFO hold after the reported sale?

After the reported sale, CFO Salman Hassan Khan holds 1,797,111 shares directly and 441,066 shares indirectly. The indirect holdings are through the S & N Khan Family Trust, where he and his spouse act as trustees for immediate family beneficiaries.

Was the MARA (MARA) CFO’s share sale under a Rule 10b5-1 plan?

Yes. The filing states the sale was executed under a Rule 10b5-1 trading plan adopted on September 11, 2025. Such plans pre-schedule trades, indicating this transaction followed a pre-arranged program rather than a discretionary, opportunistic decision.

Who executed the MARA (MARA) share sale reported for the CFO?

The sale was executed by the S & N Khan Family Trust, which holds MARA shares indirectly for the CFO’s family. Salman Hassan Khan and his spouse are trustees, and their immediate family members are the sole beneficiaries of the trust’s holdings.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/21/2026 - 07:00 PM EDT Learn about SEC filing dates

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).

X

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 FLORIDA 33009

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	04/17/2026		S(1)		16,000	D	$11.68	441,066	I(2)	By S & N Khan Family Trust
Common Stock								1,797,111	D

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. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 11, 2025.

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	04/21/2026
	** 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.
* Form 4: SEC 1474 (03-26)