MARA General Counsel Nowaid Zabi Sells 8,376 Shares

What Happened

• Nowaid Zabi, General Counsel of MARA Holdings, sold 8,376 shares on 2026-08-21 at $12.00 per share, generating proceeds of $100,512. The sale is reported as an open-market or private sale and was effected under a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction date and price: 2026-08-21 — 8,376 shares at $12.00 each.
• Total proceeds: $100,512.
• Shares owned after transaction: Not disclosed in the information provided with this summary (not included in the excerpt).
• Footnote: Sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2025.
• Filing timeliness: Report filed on 2026-08-21 (no late filing indicated in the provided data).

Context

• A sale under a 10b5-1 plan typically indicates the trades were pre-scheduled and may be routine (e.g., for diversification or liquidity), rather than a real-time signal about the insider's view of the company. Sales are generally less informative than purchases for gauging insider conviction.