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sellModerate cluster of 4

Zabi Nowaid sold $480k of MARA

General Counsel at MARA Holdings, Inc.. 30,000 shares at an average of $16.01, traded Nov 6, 2025, filed Nov 10, 2025.

Warning score
48
Value
$480k
30,000 shares
Holdings after
723,136
-4% from before
From 52-week low
+52%
low $10.52, close $15.96
From 52-week high
-42%
high $27.42, as of Nov 6, 2025

Score components

  • Role
    Officer
    +15
  • Trade size
    $480k at market
    +18
  • Share of holdings sold
    Sold 4.0% of holdings
    0
  • Cluster
    4 insiders selling within 14 days
    +15

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

MARAOct 9, 2026 · close 9.65
Since filing Nov 10, 2025: -38.1%SPY +15.5% · excess -53.5%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001493152-25-021590, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Nov 6, 2025SOpen-market sale
Common Stock
-4,887$16.70$82k752,489Nov 10, 2025
Nov 6, 2025FTax withholding
Common Stock
-4,240$17.81$76k748,249Nov 10, 2025
Nov 10, 2025SOpen-market sale
Common Stock
-25,023$15.87$397k723,226Nov 10, 2025
Nov 10, 2025SOpen-market sale
Common Stock
-90$16.58$1,492723,136Nov 10, 2025

Related signals

Other insiders at MARA Holdings, Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
34Weak
MARAsell 310b5-1
MARA Holdings, Inc.
Frederick G Thiel
Chief Executive Officer
$309k
27,505 shares
-1%
29Weak
MARAsell 310b5-1
MARA Holdings, Inc.
Salman Hassan Khan
Chief Financial Officer
$183k
16,000 shares
-3%
20Weak
MARAsell 310b5-1
MARA Holdings, Inc.
Zabi Nowaid
General Counsel
$101k
8,376 shares
-1%
34Weak
MARAsell 310b5-1
MARA Holdings, Inc.
Frederick G Thiel
Chief Executive Officer
$315k
27,505 shares
-1%
21Weak
MARAsell 210b5-1
MARA Holdings, Inc.
Salman Hassan Khan
Chief Financial Officer
$147k
16,000 shares
-4%
26Weak
MARAsell 210b5-1
MARA Holdings, Inc.
Frederick G Thiel
Chief Executive Officer
$252k
27,505 shares
-1%
20Weak
MARAsell 210b5-1
MARA Holdings, Inc.
Salman Hassan Khan
Chief Financial Officer
$123k
16,000 shares
-4%
25Weak
MARAsell 210b5-1
MARA Holdings, Inc.
Frederick G Thiel
Chief Executive Officer
$211k
27,505 shares
-1%
19Weak
MARAsell10b5-1
MARA Holdings, Inc.
Frederick G Thiel
Chief Executive Officer
$297k
27,505 shares
-1%
27Weak
MARAsell 210b5-1
MARA Holdings, Inc.
Frederick G Thiel
Chief Executive Officer
$296k
27,505 shares
-1%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Zabi Nowaid sold $480k of MARA | InsiderTell