Khan Salman Hassan 4

What Happened
Salman Hassan Khan, Chief Financial Officer of MARA Holdings, sold 16,000 shares on June 17, 2026, at $14.25 per share, resulting in proceeds of approximately $228,000. The sale was reported on Form 4 filed June 22, 2026. Sales are often routine and do not necessarily indicate a change in view on the company.

Key Details

• Transaction date and price: June 17, 2026 — 16,000 shares at $14.25 each.
• Gross proceeds: ~$228,000.
• Transaction type: Sale (code S) — reported as open-market or private sale.
• Footnote F1: The sale was effected under a pre-arranged Rule 10b5-1 trading plan adopted Sept 11, 2025.
• Footnote F2: Reporting person and spouse are trustees of the S & N Khan Family Trust; immediate family are beneficiaries (indicates potential indirect holdings).
• Shares owned after transaction: Not specified in the information provided in this summary/transaction list.
• Filing timeliness: Report filed June 22 for a June 17 transaction (5 days later). Form 4s are generally due within two business days, so this appears later than the typical reporting window and may be marked late.

Context
Because the sale was executed under a 10b5-1 trading plan, it was likely pre-scheduled rather than a discretionary trade based on inside information. Sales alone are less informative than purchases for gauging insider sentiment; this filing documents the disposition but does not explain the insider’s motive.