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MARA Holdings (MARA) CFO trades 16,000 shares in Rule 10b5-1 sale

(High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

MARA Holdings, Inc. Chief Financial Officer Salman Hassan Khan reported a Rule 10b5-1 plan sale of 16,000 shares of common stock at $10.90 per share on July 17, 2026. The S & N Khan Family Trust held 393,066 shares afterward, and Khan also reported 1,670,140 shares held directly.

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Insider Khan Salman Hassan
Role Chief Financial Officer
Sold 16,000 shs ($174K)
Type Security Shares Price Value
Sale Common Stock F1, F2 16,000 $10.90 $174K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 393,066 shares (Indirect, By S & N Khan Family Trust); Common Stock — 1,670,140 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.
Shares Sold 16,000 shares Common stock sale on July 17, 2026 by CFO via trust
Sale Price $10.90 per share Price for 16,000 common shares sold on July 17, 2026
Indirect Holdings After Sale 393,066 shares Shares held by S & N Khan Family Trust after the sale
Direct Holdings Reported 1,670,140 shares Common shares held directly by Salman Hassan Khan after reported activity
10b5-1 Plan Adoption Date September 11, 2025 Date CFO adopted Rule 10b5-1 trading plan used for this sale
Rule 10b5-1 trading plan regulatory
"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.
S & N Khan Family Trust financial
"The reporting person and his spouse are trustees of the S & N Khan Family Trust"
beneficiaries of the trust financial
"members of the reporting person's immediate family are the sole beneficiaries of the trust"

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FAQ

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

MARA Holdings CFO Salman Hassan Khan reported a sale of 16,000 common shares on July 17, 2026. The transaction was executed under a Rule 10b5-1 trading plan, indicating it was carried out according to a pre-established schedule rather than on an ad hoc basis.

At what price did the MARA CFO sell shares and what was the total size?

The CFO sold 16,000 shares of MARA common stock at $10.90 per share. This represents an open-market or private transaction sale coded as an "S" transaction, as reported in the Form 4 insider trading disclosure for July 17, 2026.

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

After the sale, the S & N Khan Family Trust held 393,066 shares of MARA common stock. Salman Hassan Khan and his spouse serve as trustees, and members of his immediate family are the sole beneficiaries of this trust, reflecting indirect ownership.

How many MARA shares does the CFO report as direct holdings after the transaction?

Following the reported activity, Salman Hassan Khan reported 1,670,140 shares of MARA common stock held directly. This direct position is separate from the 393,066 shares held indirectly through the S & N Khan Family Trust, as disclosed in the Form 4 holding entry.

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

Yes. The filing states the sale was effected under a Rule 10b5-1 trading plan adopted on September 11, 2025. Such plans allow insiders to pre-arrange stock trades, which can reduce the informational significance of the trade’s exact timing for investors.

Who benefits from the S & N Khan Family Trust that holds MARA shares?

The S & N Khan Family Trust is managed by Salman Hassan Khan and his spouse as trustees. According to the disclosure, members of Khan’s immediate family are the sole beneficiaries of the trust, which held 393,066 MARA shares after the reported sale.
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).
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/17/2026
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 Stock07/17/2026S(1)16,000D$10.9393,066I(2)By S & N Khan Family Trust
Common Stock1,670,140D
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. 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 Khan07/20/2026
** 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)