Nowaid Zabi 4

What Happened
Nowaid Zabi, General Counsel of MARA Holdings, had 12,328 shares of MARA common stock withheld to satisfy tax withholding related to the vesting of restricted stock units. The transaction is reported as a disposition (code F) at $8.16 per share for a total value of approximately $100,596. This was not an open-market sale but an administrative tax-withholding event tied to awards vesting.

Key Details

• Transaction date: 2026-04-01; reported on Form 4 filed 2026-04-03 (appears timely).
• Price: $8.16 per share; total value: ~$100,596.
• Shares affected: 12,328 shares withheld.
• Shares owned after transaction: not disclosed in the filing.
• Footnote: F1 — shares withheld to cover the reporting person's tax liability in connection with RSU vesting; not an open market sale.
• Transaction code: F (tax withholding/net share settlement).

Context
Tax-withholding dispositions like this are common when restricted stock units vest; the company withholds shares to cover payroll/tax obligations rather than the insider selling shares on the open market. Such transactions are administrative and generally do not indicate a trading signal about the insider's view of the stock.