
Insider filings
Marathon Digital Holdings, Inc. (MARA)
NASDAQ · Financial Services · 393 insider transactions · last filed 5 days ago
About Marathon Digital Holdings, Inc.
from the company's filings and listing, as of Oct 25, 2026- Exchange
- NASDAQ
- Sector
- Financial Services
- Industry
- Financial - Capital Markets
- Chief executive
- Frederick G. Thiel
- Employees
- 266
- Listed since
- May 4, 2012
- Market value
- $2.7B
- Price to earnings (12 mo)
- -
- Net income per share, as reported (12 mo)
- -$9.06
- Dividend yield
- -
Earnings
6 reported quarters · next on Nov 3, 2026| Quarter | EPS | EPS expected | Revenue | Revenue expected | Result |
|---|---|---|---|---|---|
| Q2 FY2026reported Aug 6, 2026 | -$1.60 | $0.17 | $174.9M | $209.4M | EPS miss, GAAPRevenue miss |
| Q1 FY2026reported May 11, 2026 | -$0.61 | -$0.46 | $174.6M | $181.9M | EPS missRevenue miss |
| Q4 FY2025reported Feb 26, 2026 | -$0.46 | -$0.23 | $202.3M | $252.2M | EPS missRevenue miss |
| Q3 FY2025reported Nov 4, 2025 | $0.27 | $0.02 | $252.4M | $251.7M | EPS beat, GAAPRevenue in line |
| Q2 FY2025reported Jul 29, 2025 | $1.84 | -$0.07 | $238.5M | $227.9M | EPS beat, GAAPRevenue beat |
| Q1 FY2025reported May 8, 2025 | -$1.55 | -$0.34 | $213.9M | $216.9M | EPS miss, GAAPRevenue in line |
Actual against the consensus estimate at the time. A flag marks a beat or a miss of more than 1.5% either way; inside that band the quarter is in line. A flag marked GAAP compares a GAAP figure the company reported with an adjusted consensus, two different measures, so a one-time gain or charge can move it either way. A flag reads n/a only when a number is missing. Quarterly EPS is the figure set against the consensus, usually adjusted, so the quarters need not add up to the 12-month net income per share above. An estimate is a forecast made by analysts, not a company target.
Executive pay
as filed for fiscal 2025 · proxy filed Apr 30, 2026| Executive | Salary | Stock awards | Other | Total |
|---|---|---|---|---|
| Fred ThielChief Executive Officer and Chairman of the Board | $979K | $19.5M | $6.6M | $27.1M |
| Salman KhanChief Financial Officer | $644K | $12.8M | $5.4M | $18.9M |
| Zabi NowaidGeneral Counsel and Corporate Secretary | $386K | $5.1M | $590K | $6.1M |
The summary compensation table from the proxy statement for fiscal 2025, with titles as filed then. Executives who have since left are not shown. Read the filing
Institutional holders
13F positions as of Jun 30, 2026| Holder | Value | Shares | Shares vs prior qtr | % of shares out |
|---|---|---|---|---|
| BlackRock, Inc. | $890.3M | 64,095,643 | +7.2% | 16.80% |
| Vanguard Portfolio Management LLC | $380.6M | 27,399,926 | +3.6% | 7.18% |
| Vanguard Capital Management LLC | $229.8M | 16,544,675 | +1.2% | 4.34% |
| State Street Corp | $220.9M | 15,901,746 | +4.5% | 4.18% |
| Geode Capital Management, LLC | $188.0M | 10,872,917 | +5.4% | 2.85% |
| D. E. Shaw & Co., Inc. | $144.1M | 10,376,069 | +687.2% | 2.72% |
| Marex Group Ltd | $110.5M | 7,953,008 | -4.4% | 2.08% |
| Morgan Stanley | $94.0M | 6,766,861 | +29.6% | 1.77% |
| Bank of America Corp | $84.7M | 6,100,582 | +19.9% | 1.60% |
| UBS Group AG | $77.5M | 5,579,055 | -26.8% | 1.46% |
| Goldman Sachs Group Inc | $69.1M | 4,977,949 | -17.5% | 1.30% |
| Charles Schwab Investment Management Inc | $65.7M | 4,727,923 | +15.2% | 1.24% |
A 13F reports long US equity positions and is filed within 45 days of the quarter end, so these are positions as they stood on Jun 30, 2026. For a manager's whole book see the fund directory. What a 13F covers and leaves out is explained in our guide to Form 13F.
Open-market insider trades
20 filings shown · newest filing first| Insider | Action | Shares | Price | Value | Trade date | Delay (business days) |
|---|---|---|---|---|---|---|
| Salman Hassan KhanChief Financial Officer | Sold · scheduled | 16,000 | $7.88 | $126K | Oct 19, 2026filed Oct 21, 2026 | 2d |
| Frederick G. ThielChief Executive Officer | Sold · scheduled | 27,505 | $11.22 | $309K | Oct 1, 2026filed Oct 2, 2026 | 1d |
| Zabi NowaidGeneral Counsel | Sold · scheduled | 8,376 | $12.10 | $101K | Sep 18, 2026filed Sep 18, 2026 | 0d |
| Salman Hassan KhanChief Financial Officer | Sold · scheduled | 16,000 | $11.45 | $183K | Sep 17, 2026filed Sep 18, 2026 | 1d |
| Frederick G. ThielChief Executive Officer | Sold · scheduled | 27,505 | $11.45 | $315K | Sep 17, 2026filed Sep 18, 2026 | 1d |
| Zabi NowaidGeneral Counsel | Sold · scheduled | 8,376 | $12.00 | $101K | Aug 21, 2026filed Aug 21, 2026 | 0d |
| Salman Hassan KhanChief Financial Officer | Sold · scheduled | 16,000 | $9.21 | $147K | Aug 17, 2026filed Aug 19, 2026 | 2d |
| Frederick G. ThielChief Executive Officer | Sold · scheduled | 27,505 | $9.21 | $253K | Aug 17, 2026filed Aug 19, 2026 | 2d |
| Salman Hassan KhanChief Financial Officer | Sold · scheduled | 16,000 | $10.90 | $174K | Jul 17, 2026filed Jul 20, 2026 | 1d |
| Zabi NowaidGeneral Counsel | Sold · scheduled | 8,376 | $12.00 | $101K | Jul 20, 2026filed Jul 20, 2026 | 0d |
| Frederick G. ThielChief Executive Officer | Sold · scheduled | 27,505 | $10.90 | $300K | Jul 17, 2026filed Jul 20, 2026 | 1d |
| Douglas K. MellingerDirector | Sold · scheduled | 7,000 | $16.00 | $112K | Jun 22, 2026filed Jun 24, 2026 | 2d |
| Frederick G. ThielChief Executive Officer | Sold · scheduled | 27,505 | $14.25 | $392K | Jun 17, 2026filed Jun 22, 2026 | 2d |
| Zabi NowaidGeneral Counsel | Sold · scheduled | 7,000 | $14.25 | $100K | Jun 17, 2026filed Jun 22, 2026 | 2d |
| Salman Hassan KhanChief Financial Officer | Sold · scheduled | 16,000 | $14.25 | $228K | Jun 17, 2026filed Jun 22, 2026 | 2d |
| Zabi NowaidGeneral Counsel | Sold · scheduled | 8,250 | $12.00 | $99K | May 18, 2026filed May 20, 2026 | 2d |
| Salman Hassan KhanChief Financial Officer | Sold · scheduled | 16,000 | $12.00 | $192K | May 18, 2026filed May 20, 2026 | 2d |
| Frederick G. ThielChief Executive Officer | Sold · scheduled | 27,505 | $12.00 | $330K | May 18, 2026filed May 20, 2026 | 2d |
| Salman Hassan KhanChief Financial Officer | Sold · scheduled | 16,000 | $11.68 | $187K | Apr 17, 2026filed Apr 21, 2026 | 2d |
| Zabi NowaidGeneral Counsel | Sold · scheduled | 42,090 | $12.00 | $505K | Apr 17, 2026filed Apr 21, 2026 | 2d |
One row is one filing, newest filing first. A filing that reported its trade in several tranches is summed, priced at the weighted average, and marked with its line count. Scheduled: set up in advance under a Rule 10b5-1 trading plan. The delay counts business days from the trade to the filing, the unit of Form 4's two business day deadline: weekends and federal holidays are skipped. How the filing itself works is explained in our guide to Form 4.
Other Form 4 activity (20)
| Insider | Event | Shares | Date |
|---|---|---|---|
| Salman Hassan KhanChief Financial Officer | Tax withholding | 9,210 | Oct 5, 2026 |
| Salman Hassan KhanChief Financial Officer | Tax withholding | 52,307 | Sep 30, 2026 |
| Frederick G. ThielChief Executive Officer | Tax withholding | 63,101 | Sep 30, 2026 |
| Zabi NowaidGeneral Counsel | Tax withholding | 20,923 | Sep 30, 2026 |
| Salman Hassan KhanChief Financial Officer | Tax withholding | 30,215 | Jul 31, 2026 |
| Zabi NowaidGeneral Counsel | Tax withholding | 4,139 | Aug 3, 2026 |
| Zabi NowaidGeneral Counsel | Tax withholding | 9,745 | Jul 31, 2026 |
| Frederick G. ThielChief Executive Officer | Tax withholding | 27,316 | Aug 3, 2026 |
| Frederick G. ThielChief Executive Officer | Tax withholding | 40,388 | Jul 31, 2026 |
| Salman Hassan KhanChief Financial Officer | Tax withholding | 33,569 | Jul 30, 2026 |
| Zabi NowaidGeneral Counsel | Tax withholding | 13,428 | Jul 30, 2026 |
| Frederick G. ThielChief Executive Officer | Tax withholding | 40,497 | Jul 30, 2026 |
| Frederick G. ThielChief Executive Officer | Tax withholding | 63,101 | Jul 1, 2026 |
| Salman Hassan KhanChief Financial Officer | Tax withholding | 61,515 | Jul 1, 2026 |
| Zabi NowaidGeneral Counsel | Tax withholding | 20,924 | Jul 1, 2026 |
| Zabi NowaidGeneral Counsel | Tax withholding | 4,248 | May 18, 2026 |
| Frederick G. ThielChief Executive Officer | Tax withholding | 27,316 | May 18, 2026 |
| Zabi NowaidGeneral Counsel | Tax withholding | 23,781 | Apr 30, 2026 |
| Frederick G. ThielChief Executive Officer | Tax withholding | 80,884 | Apr 30, 2026 |
| Salman Hassan KhanChief Financial Officer | Tax withholding | 65,456 | Apr 30, 2026 |
Awards, option exercises, shares withheld to cover tax and gifts all file on the same form as a purchase or a sale. None of them is a decision to trade, so they sit here rather than beside the ones that are.
Questions
Are insiders buying or selling MARA?
Across the 20 most recent open-market filings shown here, 0 were purchases and 20 were sales. 20 were scheduled in advance under a Rule 10b5-1 plan.
How quickly are MARA trades disclosed?
Insider filings on this page reached the public a median of 2 business days after the transaction (weekends and federal holidays skipped), against the two business days Form 4 allows.
How to read a Form 4
A DECISION THE INSIDER MADE
COMPENSATION PLUMBING
Congress rows disclose a value range rather than an exact amount, and the STOCK Act allows up to 45 days to report. Full sourcing and the limits of this data are on the methodology page. A filing is a record of a transaction, not a signal, and nothing here is investment advice.
Data as of Oct 26, 2026.
