Thiel Frederick G 4

What Happened

• Frederick G. Thiel, CEO of MARA Holdings, had 36,230 shares of MARA common stock withheld to cover his tax liability in connection with the vesting of restricted stock units (RSUs). The withholding is reported at $8.16 per share, totaling $295,637.
• This was a tax-withholding disposition (code F), not an open-market sale or a new purchase.

Key Details

• Transaction date: 2026-04-01; Filing date: 2026-04-03 (filed within the typical two-business-day Form 4 window).
• Price reported: $8.16 per share; Total value: $295,637.
• Shares withheld/disposed: 36,230 (footnote F1: shares withheld to cover tax liability on RSU vesting; not an open-market sale).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing type/code: Form 4; transaction code F (tax withholding).

Context

• Tax-withholding on vested RSUs is a routine administrative transaction and does not necessarily indicate the insider is reducing their long-term holdings via open-market sales.
• For retail investors, direct purchases by insiders are generally a stronger bullish signal than routine tax withholding or vesting-related disposals.