Khan Salman Hassan 4
Research Summary
AI-generated summary
MARA CFO Khan Salman Hassan Withholds 61,515 Shares for Taxes
What Happened
Khan Salman Hassan, Chief Financial Officer of MARA Holdings, had 61,515 shares of MARA common stock withheld to satisfy tax withholding related to the vesting of restricted stock units. The withholding was reported as 61,515 shares at $13.89 per share, for a total value of approximately $854,443. This was not an open-market sale by the insider.
Key Details
- Transaction date: 2026-07-01; price used: $13.89 per share.
- Shares involved: 61,515 withheld; total value ≈ $854,443.
- Post-transaction holdings: Not specified in the provided filing.
- Footnotes: F1 — shares were withheld to cover the reporting person's tax liability (not an open market sale). F2 — the reporting person and spouse are trustees of the S & N Khan Family Trust; immediate family are sole beneficiaries.
- Filing date: 2026-07-02 (filed the day after the transaction; no late filing indicated).
Context
This was a tax-withholding (code F) tied to RSU vesting — effectively a cashless settlement where shares are surrendered to cover taxes. Such withholdings are routine and do not necessarily indicate either a positive or negative view of the company's prospects.