Nowaid Zabi 4

What Happened Nowaid Zabi, General Counsel of MARA Holdings, had 23,781 shares of MARA common stock withheld to cover tax liability related to vesting restricted stock units. The withholding was at $11.99 per share, totaling approximately $285,134. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date: 2026-04-30
• Withheld shares: 23,781 at $11.99 per share; total value ≈ $285,134
• Transaction code: F (shares withheld to satisfy tax liability)
• Shares owned after transaction: Not stated on this Form 4
• Filing: Report filed 2026-05-04 (timely; within two business days)
• Footnote: The filing clarifies these shares were withheld to cover taxes on vested RSUs and were not sold on the open market.

Context This is a routine tax-withholding event tied to RSU vesting (a cashless method to satisfy tax obligations) and should not be interpreted as an active sale by the insider. Such withholdings are common and do not necessarily signal a change in the insider’s view of the company.