MARA General Counsel Nowaid Zabi Sells 8,376 Shares

What Happened
Nowaid Zabi, General Counsel of MARA Holdings, sold 8,376 shares of MARA on September 18, 2026. The weighted average sale price was $12.10 per share (range $12.09–$12.15), for proceeds of approximately $101,350. This was a sale (not a purchase), and therefore is typically a disposition of shares rather than a bullish signal.

Key Details

• Transaction date: 2026-09-18 (reported on Form 4 filed 2026-09-18).
• Transaction type/code: Sale (S), open-market sales.
• Shares sold: 8,376; weighted average price: $12.10; price range: $12.09–$12.15.
• Proceeds: ≈ $101,350.
• Shares owned after the transaction: Not specified in the information provided.
• Footnotes: (1) Sale was executed under a Rule 10b5-1 trading plan adopted by the reporting person on Sept 12, 2025. (2) The filing reports a weighted average sale price and notes the seller will provide a breakdown of shares sold at each separate price on request.
• Filing timeliness: Reported the same day (appears timely).

Context
The trade was done under a prearranged 10b5‑1 plan, which generally means the sale was scheduled in advance and may not reflect immediate views about the company’s prospects. For retail investors, one routine insider sale like this is informational but not by itself a clear signal to buy or sell MARA stock.