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MARA (NASDAQ: MARA) CFO reports 40,272 shares withheld for RSU tax obligations

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

Rhea-AI Filing Summary

MARA Holdings, Inc. Chief Financial Officer Salman Hassan Khan reported routine tax-related share dispositions. On April 1, 2026, a total of 40,272 shares of common stock were withheld at prices of $8.16 and $8.04 per share to cover his tax liability from vesting restricted stock units, and the footnote clarifies these were not open market sales. After these withholding transactions, he directly owned 1,911,012 shares of common stock and indirectly held 343,165 shares through the S & N Khan Family Trust, where he and his spouse are trustees and his immediate family are the sole beneficiaries.

Positive

  • None.

Negative

  • None.
Insider Khan Salman Hassan
Role Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Common Stock 30,820 $8.16 $251K
Tax Withholding Common Stock 9,452 $8.04 $76K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 1,920,464 shares (Direct); Common Stock — 343,165 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.
Tax-withheld shares total 40,272 shares Shares withheld to cover tax liability on RSU vesting
First tax-withholding block 30,820 shares at $8.16/share Common stock withheld on April 1, 2026
Second tax-withholding block 9,452 shares at $8.04/share Additional common stock withheld on April 1, 2026
Direct holdings after transactions 1,911,012 shares Direct common stock owned by Salman Hassan Khan after April 1, 2026
Indirect trust holdings 343,165 shares Common stock held by S & N Khan Family Trust
Tax-withholding transaction count 2 transactions Form 4 entries coded F for tax liability payments
restricted stock units financial
"in connection with the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
S & N Khan Family Trust financial
"nature_of_ownership": "By S & N Khan Family Trust""
beneficiaries financial
"immediate family are the sole beneficiaries of the trust"
Beneficiaries are the people or organizations designated to receive benefits, such as money or assets, from a financial arrangement like a trust, insurance policy, or retirement plan. They matter to investors because choosing the right beneficiaries ensures that assets are passed on according to their wishes, providing financial security or support to loved ones when needed. Think of beneficiaries as the intended recipients of a gift or inheritance.
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/01/2026F30,820(1)D$8.161,920,464D
Common Stock04/01/2026F9,452(1)D$8.041,911,012D
Common Stock343,165I(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 Khan04/03/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did MARA CFO Salman Hassan Khan report?

MARA CFO Salman Hassan Khan reported shares being withheld for taxes on vested restricted stock units. Two Form 4 entries show tax-withholding dispositions totaling 40,272 shares of common stock, rather than open market sales, tied to equity compensation vesting.

How many MARA shares were withheld for Salman Hassan Khan’s taxes?

A total of 40,272 shares of MARA common stock were withheld to cover Khan’s tax liability. The dispositions occurred at prices of $8.16 and $8.04 per share in connection with vesting restricted stock units, as described in the Form 4 footnote.

Were Salman Hassan Khan’s MARA share transactions open market sales?

No, the filing states the shares were withheld to cover tax liabilities from vesting restricted stock units. The footnote explicitly clarifies the transactions were not open market sales, characterizing them as tax-withholding dispositions rather than discretionary stock sales.

How many MARA shares does Salman Hassan Khan own directly after these transactions?

Following the tax-withholding dispositions, Salman Hassan Khan directly held 1,911,012 shares of MARA common stock. This figure reflects his direct ownership position after the Form 4 transactions dated April 1, 2026, as shown in the filing’s ownership columns.

What is the S & N Khan Family Trust’s relationship to MARA shares?

The Form 4 shows 343,165 shares of MARA common stock held indirectly through the S & N Khan Family Trust. Khan and his spouse are trustees, and members of his immediate family are the sole beneficiaries, indicating family-related indirect ownership of these shares.

How many total tax-withholding transactions did MARA’s CFO report?

The filing reports two tax-withholding transactions, both coded “F.” Together they account for 40,272 shares withheld to satisfy tax obligations arising from restricted stock unit vesting, without any recorded open market purchases or sales in this Form 4.