Khan Salman Hassan 4

What Happened

• Khan Salman Hassan, Chief Financial Officer of MARA Holdings, had 65,456 shares withheld to satisfy tax withholding related to the vesting of restricted stock units. The shares were valued at $11.99 each for a total of approximately $784,817 on April 30, 2026. This was a tax-withholding transaction (code F), not an open-market sale.

Key Details

• Transaction date and price: April 30, 2026 — 65,456 shares at $11.99 each (total ≈ $784,817).
• Transaction type/code: F (shares withheld to cover tax liability for RSU vesting).
• Shares owned after transaction: not disclosed in the provided filing.
• Footnotes: F1 clarifies the shares were withheld to cover tax liability from RSU vesting and were not an open-market sale; F2 notes the reporting person and spouse are trustees of the S & N Khan Family Trust and immediate family are beneficiaries.
• Filing: Form 4 filed May 4, 2026 (the filing does not indicate a late reporting flag in the provided data).

Context

• Tax-withholding via share retention is a common, administrative action when restricted stock units vest and does not necessarily signal a change in the insider's view of the company. Because the shares were withheld to cover taxes rather than sold on the open market, this transaction is generally considered routine rather than a disclosure of directional insider sentiment.