Nowaid Zabi 4

What Happened

• Nowaid Zabi, General Counsel of MARA Holdings, sold 8,376 shares on 2026-07-20 at $12.00 per share, for total proceeds of $100,512. The filing lists the disposition as an open-market or private sale.

Key Details

• Transaction date and price: July 20, 2026 — 8,376 shares at $12.00 each.
• Total value of transaction: $100,512.
• Shares owned after the transaction: not specified in the provided filing summary.
• Footnote: The sale was executed under a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2025 (pre-arranged trading plan).
• Timeliness: Reported with a period of report of 2026-07-20 (no late filing indicated in the provided data).

Context

• Sales executed under 10b5-1 plans are pre-scheduled and often routine, so they do not necessarily indicate the insider’s current view of the company’s prospects. This was a sale (liquidity/event-driven) rather than a purchase, which generally provides less direct bullish signal to investors.