MARA Holdings (MARA) CFO’s family trust sells 16,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 16,000 shares ($228,000)
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, null)
Footnotes (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. 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
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.
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.
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.