Thiel Frederick G 4

What Happened
Frederick G. Thiel, CEO of MARA Holdings, had 63,101 shares withheld on July 1, 2026 to cover his tax liability related to the vesting of restricted stock units. The withholding was calculated at $13.89 per share, totaling approximately $876,473. This was a tax-withholding transaction (not an open-market sale or new purchase).

Key Details

• Transaction date: 2026-07-01; Filing date: 2026-07-02 (filed the next day; timely Form 4).
• Shares withheld: 63,101 at $13.89 per share; total value ≈ $876,473.
• Footnote: Shares were withheld to cover the reporting person's tax liability from RSU vesting (transaction code F); explicitly not an open-market sale.
• Shares owned after the transaction: not specified in the filing.

Context
This is a routine tax-withholding event following RSU vesting. Such withholdings are administrative (the company retains/cancels shares to satisfy taxes) and do not signal a deliberate open-market sale or purchase decision by the insider. For retail investors, purchases by insiders tend to be more informative than tax-withholdings, which are common and expected after equity awards vest.