Khan Salman Hassan 4

What Happened

• Khan Salman Hassan, Chief Financial Officer of MARA Holdings, had 31,007 shares of MARA common stock withheld to cover his tax liability in connection with the vesting of restricted stock units (RSUs). The withholding was recorded at $9.12 per share for a value of $282,784 on February 5, 2026.
• This was a tax-withholding disposition (not an open-market sale) related to compensation, not a discretionary sale of shares.

Key Details

• Transaction date: February 5, 2026; Filing date (Form 4): February 6, 2026 (appears timely).
• Price used for withholding: $9.12 per share; Total value: $282,784.
• Shares disposed: 31,007 (withheld to cover tax liability; transaction code F).
• Shares owned after the transaction: not disclosed in the filing.
• Footnotes: F1 confirms the shares were withheld to cover tax on RSU vesting and were not sold on the open market. F2 notes the reporting person and spouse are trustees of the S & N Khan Family Trust, with immediate family as beneficiaries.

Context

• Tax-withholding on RSU vesting is a routine administrative transaction and does not necessarily signal the insider’s view on the company’s prospects. It reduces the insider’s outstanding share count but is distinct from a voluntary sale.
• For retail investors, purchases and open-market sales typically carry more direct sentiment information than withholding transactions like this one.