Salman Khan - May 10, 2024 Form 4 Insider Report for MARA Holdings, Inc. (MARA)

Signature
/s/ Zabi Nowaid, Attorney-in-Fact for Salman Khan
Stock symbol
MARA
Transactions as of
May 10, 2024
Transactions value $
-$2,274,496
Form type
4
Date filed
9/20/2024, 09:20 PM
Previous filing
May 6, 2024
Next filing
Oct 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MARA Common Stock Tax liability -$485K -30.2K -1.36% $16.06 2.19M May 10, 2024 Direct F1, F2
transaction MARA Common Stock Tax liability -$920K -40.8K -1.86% $22.56 2.15M Jul 12, 2024 Direct F1
transaction MARA Common Stock Tax liability -$608K -30.9K -1.44% $19.67 2.12M Aug 28, 2024 Direct F1
transaction MARA Common Stock Sale -$262K -16.7K -0.79% $15.70 2.1M Sep 16, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 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 ("RSUs"). This transaction was not an open market sale by the reporting person.
F2 The amount of securities owned following the transaction has been updated in Column 5 to reflect an adjustment of 297,247 RSUs from the reporting person's Form 4 filed on May 6, 2024, which were previously reported on the reporting person's Form 3 filed on June 16, 2023.
F3 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 18, 2024.