MARA Holdings CEO Thiel Frederick G sells 27,505 shares at $19.52/share.

Friday, Jul 18, 2025 8:09 pm ET1min read

MARA Holdings, Inc. [MARA] has announced that Director and Chief Executive Officer Thiel Frederick G has disposed of 27,505 shares at a price of $19.52 per share on July 16, 2025.

MARA Holdings, Inc. [MARA], a publicly traded real estate investment company, has reported that Director and Chief Executive Officer Thiel Frederick G disposed of 27,505 shares of the company's common stock on July 16, 2025. The transaction was executed at a price of $19.52 per share, according to a recent SEC Form 4 filing [1].

The sale was part of a Rule 10b5-1 trading plan adopted by Thiel on June 18, 2024. The filing indicates that the total number of shares beneficially owned following the transaction is 3,946,504, which represents a significant reduction in the CEO's stake in the company.

This news comes amidst a period of financial and operational highlights for the company. SL Green Realty Corp., a subsidiary of MARA Holdings, reported a net loss of $0.16 per share for the second quarter of 2025, compared to a net loss of $0.04 per share for the same period in 2024 [2]. The company also reported an increase in its 2025 earnings guidance range, reflecting incremental income generated by its debt and preferred equity portfolio.

Despite the net loss, the company's funds from operations (FFO) for the second quarter of 2025 stood at $1.63 per share, a decrease from $2.05 per share in the same period in 2024. This drop can be attributed to negative non-cash fair value adjustments on mark-to-market derivatives and other factors.

The disposal of shares by Thiel could signal a shift in the company's strategic direction or a personal financial decision. Investors should monitor the company's future financial performance and any potential changes in the executive team or board composition that may result from this transaction.

References:
[1] https://www.sec.gov/Archives/edgar/data/1507605/000164117225020312/xslF345X03/ownership.xml
[2] https://finance.yahoo.com/news/sl-green-realty-corp-reports-201500314.html

MARA Holdings CEO Thiel Frederick G sells 27,505 shares at $19.52/share.

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