Mealer-Burke Vicki 4

What Happened

• Vicki Mealer-Burke, a director of MARA Holdings, Inc. (MARA), received a grant of 82,759 restricted stock units (RSUs) on February 13, 2026. The RSUs were reported at $0.00 per share because they are contingent awards, not open-market purchases or sales. The RSUs will vest in full on January 31, 2027, subject to her continued service. Each RSU represents a contingent right to one share of MARA common stock.

Key Details

• Transaction date: 2026-02-13; Reporting (file) date: 2026-02-13 (appears timely).
• Transaction type/code: Award/Grant (A); Shares awarded: 82,759 RSUs; price reported: $0.00.
• Vesting: RSUs vest in full on 2027-01-31, subject to continued service (per footnote).
• Shares owned after transaction: Not specified in the provided filing information.
• Footnote: Confirms RSUs granted under the issuer’s 2018 Equity Incentive Plan; each unit converts to one share upon vesting.

Context

• This is a compensation grant (an award), not a purchase or sale. RSU grants are common director/executive compensation and do not immediately change share ownership until they vest.
• RSUs typically convert to shares (and may create tax consequences) upon vesting; until then they are a contingent claim on future shares and can dilute shareholders when issued.