Salman Hassan Khan, Chief Financial Officer of MARA Holdings, Inc. (NASDAQ:MARA), executed a pre-arranged stock sale on April 17, 2026, disposing of 16,000 shares of the company’s common stock. The transaction, carried out under a Rule 10b5-1 trading plan, generated proceeds totaling $186,880 at a per-share price of $11.68.
The shares sold were held indirectly through the S & N Khan Family Trust. Mr. Khan and his spouse act as trustees of the trust, and members of their immediate family are listed as the sole beneficiaries.
After completing this sale, Mr. Khan’s indirect interest in MARA Holdings’ common stock stands at 441,066 shares. In addition to his indirect holdings, he directly owns 1,797,111 shares of the company’s common stock.
Separately, MARA Holdings disclosed plans to repurchase approximately $1 billion of its convertible senior notes at a discount to par. The company said it will buy approximately $367.5 million of its 0.00% Convertible Senior Notes due 2030 for about $322.9 million, and approximately $633.4 million of its 0.00% Convertible Senior Notes due 2031 for approximately $589.9 million. The filings indicate these repurchases represent an approximate 9% discount to par value and are expected to close in March 2026, subject to customary closing conditions. The company highlighted this action in a statement filed with the U.S. Securities and Exchange Commission.
The repurchase disclosures and the insider sale were reported alongside broader market moves in cryptocurrency-related securities. Bitcoin rose to $71,277.82, its highest level in more than three weeks, and the increase in the digital asset’s value corresponded with gains in crypto-linked stocks, including MARA Holdings. The rise in Bitcoin was cited as a contributing factor to higher trading activity and a notable uptick in MARA’s share price during the same period.
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This report presents the transaction details disclosed by the company and the SEC filing describing the planned debt repurchases, and it notes concurrent market movements tied to Bitcoin’s price direction. The disclosures outline the trading plan used for the insider sale, the trust structure holding the indirectly owned shares, the scale of both direct and indirect holdings by the CFO after the sale, and the specific terms and expected timing of the convertible note repurchases.