Nowaid Zabi 4

What Happened

Nowaid Zabi, General Counsel of MARA Holdings, sold 7,000 shares on June 17, 2026 at $14.25 per share, for a total of $99,750. The filing reports the transaction as an open-market or private sale and is coded as a sale (S), which is often a routine disposition rather than a company-specific signal.

Key Details

• Transaction date and price: 2026-06-17 — 7,000 shares @ $14.25 each (total $99,750).
• Shares owned after transaction: Not reported in the provided filing excerpt.
• Footnote: The sale was effected under a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2025.
• Filing timeliness: The Form 4 was filed on 2026-06-22 for a 2026-06-17 transaction, which appears to be a late filing (transactionTimeliness = 'L').

Context

Sales executed under a 10b5-1 plan are prearranged trades that allow insiders to sell shares on a predetermined schedule and are typically treated as routine. Sales do not carry the same market signal as purchases; retail investors should view this as a planned disposition unless other company news suggests otherwise.