Salman Khan - Feb 28, 2025 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
Feb 28, 2025
Transactions value $
-$823,227
Form type
4
Date filed
3/4/2025, 08:48 PM
Previous filing
Feb 5, 2025
Next filing
Apr 10, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MARA Common Stock Tax liability -$568K -30.9K -1.7% $18.34 1.79M Feb 28, 2025 Direct F1
transaction MARA Common Stock Sale -$256K -16.7K -0.93% $15.31 1.77M Mar 3, 2025 Direct F2
holding MARA Common Stock 310K Feb 28, 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.