Salman Hassan Khan - 16 May 2025 Form 4 Insider Report for MARA Holdings, Inc. (MARA)

Signature
/s/ Zabi Nowaid, Attorney-in-Fact for Salman Khan
Issuer symbol
MARA
Transactions as of
16 May 2025
Net transactions value
-$1,135,291
Form type
4
Filing time
20 May 2025, 19:59:37 UTC
Previous filing
13 May 2025
Next filing
13 Jun 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Khan Salman Hassan Chief Financial Officer C/O MARA HOLDINGS, INC., 101 NE THIRD AVENUE, SUITE 1200, FORT LAUDERDALE /s/ Zabi Nowaid, Attorney-in-Fact for Salman Khan 20 May 2025 0001907413

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MARA Common Stock Tax liability $873,435 -65,328 -3.9% $13.37 1,615,643 16 May 2025 Direct F1
transaction MARA Common Stock Sale $261,856 -16,700 -1% $15.68 1,598,943 16 May 2025 Direct F2
holding MARA Common Stock 309,925 16 May 2025 By S & N Khan Family Trust 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. This transaction was not an open market sale by the reporting person.
F2 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 21, 2024.
F3 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.