MARA CFO trust sells 16,000 shares at $14.25

MARA Holdings, Inc. Chief Financial Officer Salman Hassan Khan reported an open-market sale of 16,000 shares of Common Stock at $14.25 per share.

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Filing Sentiment

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Form Type

Rhea-AI Filing Summary

MARA Holdings, Inc. Chief Financial Officer Salman Hassan Khan reported an open-market sale of 16,000 shares of Common Stock at $14.25 per share. The sale was made indirectly through the S & N Khan Family Trust under a pre-arranged Rule 10b5-1 trading plan. Following the transaction, the trust held 409,066 shares, while a separate entry shows 1,731,655 shares held directly.

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 ($228K)

Type	Security	Shares	Price	Value
Sale	Common Stock	16,000	$14.25	$228K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 409,066 shares (Indirect, By S & N Khan Family Trust); Common Stock — 1,731,655 shares (Direct)

Footnotes (2)

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.
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: $14.25 per share Indirect holdings after sale: 409,066 shares +3 more

6 metrics

Shares sold 16,000 shares Open-market sale of Common Stock with code S

Sale price $14.25 per share Price for 16,000-share Common Stock sale

Indirect holdings after sale 409,066 shares Common Stock held by S & N Khan Family Trust after transaction

Direct holdings entry 1,731,655 shares Common Stock shown as directly held following holding entry

Transaction date June 17, 2026 Date of reported sale and holding entry

Transaction code S Classified as sale in open market or private transaction

Key Terms

Rule 10b5-1 trading plan, open-market sale, S & N Khan Family Trust, indirect ownership, +1 more

5 terms

Rule 10b5-1 trading plan regulatory

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

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 is described as open-market sale for the Common Stock transaction"

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.

S & N Khan Family Trust financial

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

indirect ownership financial

"The 16,000-share sale is reported as indirect, with 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.

FAQ

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

What insider transaction did MARA Holdings (MARA) report for its CFO?

MARA Holdings reported that CFO Salman Hassan Khan was involved in an open-market sale of 16,000 shares of Common Stock. The sale was executed indirectly through the S & N Khan Family Trust, which is associated with his immediate family.

How many MARA Holdings (MARA) shares were sold and at what price?

The transaction shows a sale of 16,000 MARA Holdings Common Stock shares at a price of $14.25 per share. This figure comes from a Form 4 entry classified as a non-derivative open-market sale transaction with code S.

Were the MARA (MARA) insider sales made under a Rule 10b5-1 plan?

Yes. A footnote states the sale was effected under a Rule 10b5-1 trading plan adopted by the reporting person on September 11, 2025. Such plans pre-schedule trades, making the timing more routine and less discretionary.

How are the MARA (MARA) shares held after the CFO’s reported sale?

After the sale, the Form 4 shows 409,066 shares of Common Stock held indirectly by the S & N Khan Family Trust. A separate holding entry shows 1,731,655 shares held directly, giving a clearer picture of overall reported ownership.

Who controls the S & N Khan Family Trust holding MARA (MARA) shares?

A footnote explains that the reporting person and his spouse are trustees of the S & N Khan Family Trust. Members of his immediate family are the sole beneficiaries, meaning the trust’s MARA shares are an indirect form of family ownership.

Is the MARA (MARA) CFO’s sale a market purchase or sale transaction?

The Form 4 classifies the transaction as a sale in the open market or a private transaction, with transaction code S. This indicates a disposition of shares rather than a purchase, and it is recorded as an indirect transaction through the family trust.

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

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Accepted by SEC EDGAR 06/22/2026 - 07:00 PM EDT

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

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)
06/17/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/17/2026		S⁽¹⁾		16,000	D	$14.25	409,066	I⁽²⁾	By S & N Khan Family Trust
Common Stock								1,731,655	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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	06/22/2026
	** 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)

Source: View Original Filing on SEC EDGAR