Nowaid Zabi 4

What Happened Nowaid Zabi, General Counsel of MARA Holdings, had 14,301 shares of MARA common stock withheld to cover his tax liability related to the vesting of restricted stock units. The transaction is reported at a withholding price of $9.50 per share, totaling about $135,860. This was a tax-withholding event (code F), not an open-market sale.

Key Details

• Transaction date: 2026-01-30; withholding price: $9.50; shares withheld: 14,301; value ≈ $135,860.
• Transaction type/code: F (shares withheld to cover tax liability on RSU vesting). Footnote F1 confirms the shares were withheld to cover tax liability and were not sold in the open market.
• Filing date: 2026-02-03 (filed within the two-business-day Form 4 deadline for a 2026-01-30 transaction).
• Shares owned after the transaction: not specified in the provided filing excerpt — see the full Form 4 for holdings details.

Context Tax withholding on vested RSUs is a routine, administrative transaction where the company retains shares to satisfy tax obligations; it does not represent an open-market sale or a new purchase signal. For investors, purchases by insiders can be more informative than withholding events, which primarily reflect tax obligations rather than a change in conviction.