MARA CFO Khan Salman Hassan Sells 30,215 Shares (Tax Withholding)

What Happened

• Khan Salman Hassan, Chief Financial Officer of MARA Holdings, had 30,215 shares of MARA common stock withheld to cover his tax liability related to the vesting of restricted stock units. The shares were valued at $11.32 each for a total of $342,034. This was a tax-withholding disposition, not an open-market sale.

Key Details

• Transaction date: 2026-07-31
• Price per share: $11.32; Total value: $342,034
• Transaction type: Tax withholding to cover tax liability on vested RSUs (footnote F1) — treated as a disposition, not an open market sale
• Ownership after the transaction: Not disclosed in the provided Form 4
• Filing date: 2026-08-04 (filed 4 days after the transaction; Form 4s are generally due within two business days, so this appears to be a late filing)
• Additional note (F2): The reporting person and spouse are trustees of the S & N Khan Family Trust; immediate family members are sole beneficiaries of the trust

Context

• Tax-withholding dispositions on RSU vesting are routine and do not necessarily indicate the insider is selling shares for investment reasons. Because the shares were withheld by the company to satisfy tax obligations (not sold on the open market), this transaction is administrative rather than a directional trade signal.