Salman Hassan Khan, Chief Financial Officer of MARA Holdings, Inc. (NASDAQ:MARA), filed a Form 4 on November 3, 2026, disclosing that 33,569 shares of common stock were withheld on October 30, 2026, to cover tax obligations arising from the vesting of restricted stock units.

Key Highlights

  • Transaction type: 33,569 shares of MARA Holdings common stock were disposed of under transaction code "F" (tax withholding on RSU vesting), not an open-market sale, according to the filing.
  • Price per share: The shares were withheld at $6.77 per share, as reported in the filing.
  • Direct ownership after transaction: Khan directly holds 1,320,655 shares of common stock following the reported transaction.
  • Indirect ownership: Khan also indirectly holds 535,681 shares through the S & N Khan Family Trust, of which he and his spouse are trustees and immediate family members are the sole beneficiaries.
  • Transaction date: The share withholding occurred on October 30, 2026.
  • Signing authority: The form was signed by Zabi Nowaid as Attorney-in-Fact for Salman Khan on November 3, 2026.

MARA Holdings CFO's RSU Vesting Triggers Tax Withholding Transaction

According to the Form 4 filed with the U.S. Securities and Exchange Commission, Salman Hassan Khan, the Chief Financial Officer of MARA Holdings, Inc., reported a disposal of 33,569 shares of the company's common stock on October 30, 2026. The filing specifies that the transaction, coded "F," reflects shares withheld by the issuer to cover the reporting person's tax liability in connection with the vesting of restricted stock units. The filing explicitly states: "This transaction was not an open market sale by the reporting person."

Following the withholding, Khan's direct beneficial ownership in MARA Holdings common stock stands at 1,320,655 shares, as reported in the filing. In addition, he indirectly holds 535,681 shares through the S & N Khan Family Trust. The filing notes that Khan and his spouse serve as trustees of the trust, and that members of his immediate family are the sole beneficiaries.

The Form 4 was filed on November 3, 2026, and covers the earliest transaction date of October 30, 2026. It was filed by one reporting person and signed by Zabi Nowaid as Attorney-in-Fact for Salman Khan.

What Was Disclosed

MARA Holdings CFO Salman Hassan Khan disclosed the withholding of 33,569 common shares at $6.77 per share to satisfy tax obligations from RSU vesting on October 30, 2026, leaving him with 1,320,655 shares held directly and 535,681 shares held indirectly through a family trust.