Salman Khan - Nov 18, 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
Nov 18, 2024
Transactions value $
-$330,660
Form type
4
Date filed
11/20/2024, 09:00 PM
Previous filing
Nov 7, 2024
Next filing
Dec 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MARA Common Stock Sale -$331K -16.7K -0.82% $19.80 2.03M Nov 18, 2024 Direct F1
transaction MARA Common Stock Gift $0 -177K -8.71% $0.00 1.85M Nov 18, 2024 Direct F2
holding MARA Common Stock 177K Nov 18, 2024 By S & N Khan Family Trust F2
* 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 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.
F2 On November 18, 2024, the reporting person transferred 176,818 shares of the issuer's common stock to the S & N Khan Family Trust for no consideration. The reporting person and his spouse are trustees of the trust, and members of the reporting person's immediate family are the sole beneficiaries of the trust.