Frederick G. Thiel - 16 Sep 2024 Form 4 Insider Report for MARA Holdings, Inc. (MARA)

Signature
/s/ Zabi Nowaid, Attorney-in-Fact for Fred Thiel
Issuer symbol
MARA
Transactions as of
16 Sep 2024
Net transactions value
-$431,938
Form type
4
Filing time
20 Sep 2024, 21:20:08 UTC
Previous filing
06 May 2024
Next filing
18 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MARA Common Stock Sale $431,938 -27,512 -0.64% $15.70 4,278,309 20 Sep 2024 Direct F1, 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 The amount of securities owned following the transaction has been updated in Column 5 to reflect an adjustment of 57,147 shares from the reporting person's Form 4 filed on May 6, 2024. This adjustment was not an open market sale by the reporting person.