MARA GC Nowaid Zabi Withholds 13,884 Shares for Taxes

What Happened
Nowaid Zabi, General Counsel of MARA Holdings, had a total of 13,884 shares of MARA common stock withheld to satisfy tax withholding related to the vesting of restricted stock units (RSUs). The transactions reported: 9,745 shares withheld at $11.32 each (≈ $110,313) on 2026-07-31, and 4,139 shares withheld at $11.75 each (≈ $48,633) on 2026-08-03. These were tax-withholding dispositions (code F), not open-market sales.

Key Details

• Transaction dates & amounts:
  • 2026-07-31: 9,745 shares withheld at $11.32 — $110,313 reported.
  • 2026-08-03: 4,139 shares withheld at $11.75 — $48,633 reported.
• Total: 13,884 shares withheld, total value ≈ $158,946.
• Transaction code: F (shares withheld to cover tax liability on RSU vesting).
• Footnote: F1 confirms shares were withheld to cover taxes and this was not an open-market sale.
• Filing date: Form 4 filed 2026-08-04. (Timeliness flag not provided in the materials supplied.)
• Shares owned after the transactions: not specified in the provided filing details.

Context
Withholding shares to pay taxes on vested RSUs is a routine internal tax settlement and is reported as a disposition (F). This is not an investor-driven sale and typically doesn't signal a change in the insider’s view on the company. Purchases or open-market sales can be more informative about insider sentiment.