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 |
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).
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. |