Thiel Frederick G 4

What Happened
Frederick G. Thiel, CEO of MARA Holdings, had 40,496 shares of MARA common stock withheld to satisfy tax withholding obligations in connection with vested restricted stock units. The shares were valued at $9.50 each, for a total of $384,712. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-01-30; Filing date (Form 4): 2026-02-03 (filed on time).
• Price per share: $9.50; Shares involved: 40,496; Total value: $384,712.
• Shares owned after the transaction: not specified in the provided filing details.
• Footnote: F1 — shares were withheld to cover the reporting person's tax liability on vesting of restricted stock units; this was not an open market sale.
• Transaction code: F (tax withholding on RSU vesting).

Context
Tax-withholding share dispositions are a common, administrative action when restricted stock units vest; they do not necessarily indicate the insider's sentiment about the company. This was a routine withholding to satisfy tax obligations rather than an active sale in the market.