Thiel Frederick G 4
4 · MARA Holdings, Inc. · Filed May 4, 2026
Research Summary
AI-generated summary of this filing
MARA CEO Frederick Thiel Withholds 80,884 Shares for Taxes
What Happened
Frederick G. Thiel, CEO of MARA Holdings, had 80,884 shares of MARA common stock withheld to satisfy tax withholding related to the vesting of restricted stock units. The shares were recorded at $11.99 per share, totaling approximately $969,799. This was a tax-withholding event (code F), not an open-market sale.
Key Details
- Transaction date: 2026-04-30
- Withheld shares: 80,884 at $11.99 per share (total ≈ $969,799)
- Transaction type/code: Tax withholding related to RSU vesting (F / footnote F1) — not an open market sale
- Filing date: 2026-05-04 (filed within the typical two-business-day Form 4 window)
- Shares owned after the transaction: not specified in the provided filing excerpt
Context
Withholding shares to cover taxes is a routine administrative step when restricted stock units vest and does not necessarily indicate the insider's view of the company. Because these shares were retained by the company/broker for taxes rather than sold in the open market, this filing should not be interpreted as a directional trade by the CEO.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-04-30$11.99/sh−80,884$969,799→ 4,644,335 total
Footnotes (1)
- [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.