Khan Salman Hassan 4
4 · MARA Holdings, Inc. · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
MARA CFO Salman Khan Sells Shares for Tax Withholding
What Happened
Salman Hassan Khan, Chief Financial Officer of MARA Holdings, reported the disposal of 40,272 shares on 2026-04-01 to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). The transactions consisted of: 30,820 shares withheld at $8.16 per share (value $251,491) and 9,452 shares withheld at $8.04 per share (value $75,994). These were withholdings to cover taxes — not open-market sales.
Key Details
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (appears timely, within the usual two-business-day window).
- Lots and values: 30,820 shares @ $8.16 = $251,491; 9,452 shares @ $8.04 = $75,994; combined value $327,485.
- Transaction code: F — shares withheld to satisfy tax liability on vested RSUs (not a market sale).
- Ownership after transaction: not specified in the provided filing excerpt.
- Footnote on ownership: Reporting person and spouse are trustees of the S & N Khan Family Trust; immediate family members are beneficiaries.
Context
Tax-withholding dispositions on RSU vesting are routine administrative transactions and do not necessarily indicate the insider's view of the company's stock. The filing clarifies these shares were retained by the issuer to cover tax obligations rather than sold in the open market.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-04-01$8.16/sh−30,820$251,491→ 1,920,464 total - Tax Payment
Common Stock
[F1]2026-04-01$8.04/sh−9,452$75,994→ 1,911,012 total
- 343,165(indirect: By Trust)
Common Stock
[F2]
Footnotes (2)
- [F1]Reflects shares of the issuer's common stock withheld to cover the reporting person's tax liability in connection with the vesting of restricted stock units. This transaction was not an open market sale by the reporting person.
- [F2]The reporting person and his spouse are trustees of the S & N Khan Family Trust, and members of the reporting person's immediate family are the sole beneficiaries of the trust.