Companies Mara Holdings
Mara (MARA): executive pay, fiscal 2025
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CEO vs. named peers93rd pct.Of 16 peer CEOs
CEO pay, last three years
- $36,116,620FY2023
- $43,244,809FY2024
- $27,053,236FY2025
CEO total pay was $27,053,236 in fiscal 2025, down from $43,244,809 in fiscal 2024.
FY2025: salary $978,500 · bonus $0 · stock awards $19,518,868 · option awards $0
Executives and directors
Fred Thiel · CEOSalman Khan · CFOZabi Nowaid · General CounselBarbara Humpton · Independent DirectorDouglas Mellinger · Lead Independent DirectorGeorges Antoun · Independent DirectorJanet George · Independent DirectorJay Leupp · Independent DirectorKevin DeNuccio · Former director (through FY2025)Said Ouissal · Former director (through FY2025)Sarita James · Former director (through FY2025)Vicki Mealer-Burke · Independent Director
Frequently asked questions
Who was the highest-paid executive at Mara Holdings in fiscal 2025?
As disclosed, Fred Thiel (Chief Executive Officer and Chairman of the Board) was the highest-paid executive at Mara Holdings in fiscal 2025, with total compensation of $27,053,236.
How does Mara Holdings's chief executive pay compare to its disclosed peer group?
As disclosed, Fred Thiel's total compensation ranked at the 93rd percentile of Mara Holdings's disclosed peer group.
What is Mara Holdings's CEO-to-median employee pay ratio?
As disclosed, Mara Holdings's CEO-to-median employee pay ratio was 134:1.
How did shareholders vote on Mara Holdings's executive compensation?
As disclosed, 59.09% of shareholders supported Mara Holdings's executive compensation in the latest say-on-pay vote.
How much does Mara Holdings spend in total on board compensation for fiscal 2025?
As disclosed, Mara Holdings reported total board compensation of $4,822,500 for fiscal 2025.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Fred Thiel | $978,500 | $0 | $19,518,868 | $0 | $2,201,625 | $0 | $4,354,243 | $27,053,236 |
| Chief Executive Officer and Chairman of the Board | ||||||||
| Salman Khan | 643,750 | 0 | 12,841,346 | 0 | 1,448,438 | 0 | 3,956,898 | 18,890,432 |
| Chief Financial Officer | ||||||||
| Zabi Nowaid | 386,250 | 0 | 5,136,543 | 0 | 579,375 | 0 | 10,500 | 6,112,668 |
| General Counsel and Corporate Secretary | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Fred Thiel | $27,053,236 | $43,244,809 | $36,116,620 | ↓ −16,191,573 |
| Salman Khan | 18,890,432 | 28,441,126 | 21,167,804 | ↓ −9,550,694 |
| Zabi Nowaid | 6,112,668 | 11,587,075 | — | ↓ −5,474,407 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The primary objective of the executive compensation program is to attract, retain, and motivate talented individuals while creating sustainable long-term value for stockholders. The program is guided by principles of pay-for-performance, rewarding achievement of financial and strategic objectives, and aligning executive interests with stockholders through a significant portion of compensation tied to performance.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Compensia, Inc. |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2025
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Salman Khan | PSU | 2025-02-28 | — | 557,731 | 274,704 | 1,388,750 | $12,841,346 |
| Zabi Nowaid | PSU | 2025-02-28 | — | 223,093 | 109,881 | 555,502 | 5,136,543 |
| Fred Thiel | PSU | 2025-02-28 | — | 847,753 | 417,550 | 2,110,905 | 19,518,868 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Salman Khan | $0 | $12,841,346 | $0 | 100.0% |
| Zabi Nowaid | 0 | 5,136,543 | 0 | 100.0% |
| Fred Thiel | 0 | 19,518,868 | 0 | 100.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Zabi Nowaid | PSU | 41,622 | — | $373,766 |
| Salman Khan | PSU | 104,054 | — | 934,405 |
| Fred Thiel | PSU | 158,163 | — | 1,420,304 |
| Zabi Nowaid | RSU | 663,757 | — | 5,960,538 |
| Salman Khan | RSU | 1,662,847 | — | 14,932,366 |
| Fred Thiel | RSU | 2,748,316 | — | 24,679,878 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Douglas MellingerIndependent · Lead Independent Director · Nominating and Corporate Governance (Chair) · Social Responsibility · Technology and Strategy | $245,000 | $600,000 | — | — | — | $845,000 |
| Vicki Mealer-BurkeIndependent · Talent, Culture and Compensation (Chair) · Nominating and Corporate Governance · Social Responsibility | 210,000 | 600,000 | — | — | — | 810,000 |
| Barbara HumptonIndependent · Social Responsibility (Chair) · Talent, Culture and Compensation · Technology and Strategy | 210,000 | 600,000 | — | — | — | 810,000 |
| Janet GeorgeIndependent · Technology and Strategy (Chair) · Risk and Audit | 202,500 | 600,000 | — | — | — | 802,500 |
| Jay LeuppIndependent · Risk and Audit (Chair) | 187,500 | 600,000 | — | — | — | 787,500 |
| Georges AntounIndependent · Risk and Audit | 167,500 | 600,000 | — | — | — | 767,500 |
| Fred ThielEmployee director · Board Chair | — | — | — | — | — | 0 |
| Kevin DeNuccioNot independent · Departed during FY | — | — | — | — | — | — |
| Said OuissalNot independent · Departed during FY | — | — | — | — | — | — |
| Sarita JamesNot independent · Departed during FY | — | — | — | — | — | — |
Board fee structure and ownership guideline
| Annual cash retainer | $100,000 |
|---|---|
| Annual equity retainer | $600,000 |
| Per board meeting fee | $0 |
| Committee chair fees (audit / comp / nom-gov) | 50,000 / 50,000 / 50,000 |
| Stock ownership guideline | Non-employee directors are expected to meet their ownership requirement within three years of appointment. |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $1,222,500 |
| Equity awards (grant-date value) | $3,600,000 |
| All other compensation | $0 |
| Total cost of the board | $4,822,500 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Mara as a peer
Companies that benchmark against MARA
5 companies name MARA as a compensation peer
- Cipher Digital Inc.CIFRFY2025
- CLEANSPARK, INC.CLSKFY2025
- Core Scientific, Inc./txCORZFY2025
- Hut 8 Corp.HUTFY2025
- IREN LtdIRENFY2026
- Riot Platforms, Inc.RIOTFY2025
Each company listed discloses MARA in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named MARA in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
Disclosed peer group — fiscal year 2025
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
BASE CouchbaseAPPF AppFolioBRZE BrazeCIFR Cipher MiningCLSK CleanSparkDV DoubleVerify HoldingsFSLY FastlyGTLB GitLab MicroStrategyRPD Rapid7IOT SamsaraSPSC SPS CommerceRIOT Riot PlatformsAI C3.aiCFLT ConfluentSQSP Squarespace
Peer reciprocity
The companies Mara Holdings names as compensation peers that name it back in their own disclosed peer groups.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | CleanSpark | 2025 | S. Matthew Schultz | $862,917 | $37,098,637 | $0 | $0 | $44,901,507 |
| 2 | Mara Holdings | 2025 | Fred Thiel | 978,500 | 19,518,868 | 0 | 2,201,625 | 27,053,236 |
| 3 | C3.ai | 2026 | Thomas Siebel | 751,536 | 11,500,003 | 11,500,001 | 0 | 24,308,723 |
| 4 | Samsara | 2026 | Sanjit Biswas | 50,000 | 18,069,159 | 0 | 63,945 | 18,184,644 |
| 5 | Confluent | 2024 | Jay Kreps | 65,000 | 15,040,701 | 0 | 0 | 15,105,701 |
| 6 | Cipher Mining | 2025 | Rodney Tyler Page | 825,000 | 12,479,623 | 0 | 0 | 14,968,623 |
| 7 | Braze | 2026 | William Magnuson | 580,000 | 12,776,516 | 0 | 868,782 | 14,230,598 |
| 8 | DoubleVerify Holdings | 2025 | Mark Zagorski | 670,000 | 10,323,721 | 0 | 797,300 | 11,814,232 |
| 9 | SPS Commerce | 2025 | Chad Collins | 609,658 | 10,789,704 | 0 | 0 | 11,410,244 |
| 10 | Rapid7 | 2025 | Corey Thomas | 545,000 | 9,195,576 | 0 | 315,000 | 10,058,576 |
| 11 | Couchbase | 2025 | Matthew Cain | 535,000 | 7,639,000 | 0 | 508,250 | 8,685,250 |
| 12 | Fastly | 2025 | Charles Compton | 438,782 | 6,313,831 | 0 | 0 | 6,798,332 |
| 13 | AppFolio | 2025 | Shane Trigg | 550,000 | 4,000,307 | 0 | 814,000 | 5,438,904 |
| 14 | Riot Platforms | 2025 | Jason Les | 1,584,337 | 0 | 0 | 1,827,581 | 3,460,222 |
| 15 | GitLab | 2026 | William Staples | 600,000 | 0 | 0 | 447,060 | 1,047,060 |
| 16 | Squarespace | 2023 | Anthony Casalena | 1 | 0 | 0 | 0 | 552,146 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Incentive design against the same peers
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Mara Holdings | not disclosed | PSU 67 · RSU 33 | Yes — Relative TSR | Compensia, Inc. |
| AppFolio | 148% | PSU 60 · RSU 40 | No | not disclosed |
| Braze | 150% | RSU 70 · PSU 30 | No | Compensia |
| C3.ai | not disclosed | not disclosed | not disclosed | Compensia, Inc. |
| Cipher Mining | 200% | RSU 50 · PSU 50 | Yes — Relative TSR vs S&P Americas SmallCap Software & Services Index | Semler Brossy |
| CleanSpark | not disclosed | RSU 60 · PRSU 40 | No | Compensia Inc. |
| Confluent | 97.5% | RSU 100 | not disclosed | Compensia |
| Couchbase | 95% | not disclosed | No | Compensia |
| DoubleVerify Holdings | 119% | PSU 50 · RSU 50 | Yes — Relative TSR | Compensia |
| Fastly | 135.4% | RSU 50 · PSU 50 | Yes — Relative Total Shareholder Return (rTSR) | Semler Brossy |
| GitLab | 74.51% | RSU 60 · PSU 40 | No | Compensia |
| Rapid7 | 50% | RSU 50 · PSU 50 | No | Compensia |
| Riot Platforms | 125% | not disclosed | Yes — TSR relative to RUSSELL 3000 Index | Compensia Inc. |
| Samsara | 127.9% | RSU 100 | not disclosed | Compensia |
| SPS Commerce | not disclosed | RSU 50 · PSU 50 | Yes — relative TSR performance against the Russell 2000 Index | Compensia, Inc. |
| Squarespace | 162.97% | RSU 75 · PSU 25 | No | Frederic W. Cook & Co., Inc. |
Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-06-18 | 64,973,538 | 44,975,240 | 626,653 | 59.09% | Passed |
| 2025 | 2025-06-26 | 20,154,119 | 73,226,079 | 1,439,186 | 21.58% | Failed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-06-18 | 59.09%a |
| 2025 | 2025-06-26 | 21.58%b |
a. Approved under the standard stated in the filing — “Abstentions will have no effect on the outcome of the vote on this proposal.”.
b. Approved under the standard stated in the filing — “Abstentions will have no effect on the outcome of the vote on this proposal.”.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
CEO pay ratio
| Ratio (CEO : median employee) | 134 : 1 |
|---|---|
| CEO total compensation | $27,053,236 |
| Median employee compensation | $201,250 |
Insider trades since the proxy
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Zabi Nowaid | General Counsel | 2026-04-30 | D | 23,781 | $12 | $285,134 | Common | Form 4 ↗ |
| Fred Thiel | Director | 2026-04-30 | D | 80,884 | 12 | 969,799 | Common | Form 4 ↗ |
| Salman Khan | Chief Financial Officer | 2026-04-30 | D | 65,456 | 12 | 784,817 | Common | Form 4 ↗ |
| Zabi Nowaid | General Counsel | 2026-05-18 | D | 4,248 | 11 | 48,682 | Common | Form 4 ↗ |
| Salman Khan | Chief Financial Officer | 2026-05-18 | D | 16,000 | 12 | 192,000 | Common | Form 4 ↗ |
| Fred Thiel | Director | 2026-05-18 | D | 27,505 | 12 | 330,060 | Common | Form 4 ↗ |
| Fred Thiel | Director | 2026-05-18 | D | 27,316 | 11 | 313,041 | Common | Form 4 ↗ |
| Zabi Nowaid | General Counsel | 2026-05-18 | D | 8,250 | 12 | 99,000 | Common | Form 4 ↗ |
| Fred Thiel | Director | 2026-06-17 | D | 27,505 | 14 | 391,946 | Common | Form 4 ↗ |
| Zabi Nowaid | General Counsel | 2026-06-17 | D | 7,000 | 14 | 99,750 | Common | Form 4 ↗ |
| Salman Khan | Chief Financial Officer | 2026-06-17 | D | 16,000 | 14 | 228,000 | Common | Form 4 ↗ |
| Douglas Mellinger | Director | 2026-06-22 | D | 7,000 | 16 | 112,000 | Common | Form 4 ↗ |
| Fred Thiel | Director | 2026-07-01 | D | 63,101 | 14 | 876,473 | Common | Form 4 ↗ |
| Salman Khan | Chief Financial Officer | 2026-07-01 | D | 61,515 | 14 | 854,443 | Common | Form 4 ↗ |
| Zabi Nowaid | General Counsel | 2026-07-01 | D | 20,924 | 14 | 290,634 | Common | Form 4 ↗ |
| Salman Khan | Chief Financial Officer | 2026-07-17 | D | 16,000 | 11 | 174,400 | Common | Form 4 ↗ |
| Fred Thiel | Director | 2026-07-17 | D | 27,505 | 11 | 299,805 | Common | Form 4 ↗ |
| Zabi Nowaid | General Counsel | 2026-07-20 | D | 8,376 | 12 | 100,512 | Common | Form 4 ↗ |
| Fred Thiel | Director | 2026-07-30 | D | 40,497 | 12 | 478,675 | Common | Form 4 ↗ |
| Salman Khan | Chief Financial Officer | 2026-07-30 | D | 33,569 | 12 | 396,786 | Common | Form 4 ↗ |
| Zabi Nowaid | General Counsel | 2026-07-30 | D | 13,428 | 12 | 158,719 | Common | Form 4 ↗ |
| Salman Khan | Chief Financial Officer | 2026-07-31 | D | 30,215 | 11 | 342,034 | Common | Form 4 ↗ |
| Fred Thiel | Director | 2026-07-31 | D | 40,388 | 11 | 457,192 | Common | Form 4 ↗ |
| Zabi Nowaid | General Counsel | 2026-07-31 | D | 9,745 | 11 | 110,313 | Common | Form 4 ↗ |
| Fred Thiel | Director | 2026-08-03 | D | 27,316 | 12 | 320,963 | Common | Form 4 ↗ |
| Zabi Nowaid | General Counsel | 2026-08-03 | D | 4,139 | 12 | 48,633 | Common | Form 4 ↗ |
| Salman Khan | Chief Financial Officer | 2026-08-17 | D | 16,000 | 9 | 147,360 | Common | Form 4 ↗ |
| Fred Thiel | Director | 2026-08-17 | D | 27,505 | 9 | 253,321 | Common | Form 4 ↗ |
| Zabi Nowaid | General Counsel | 2026-08-21 | D | 8,376 | 12 | 100,512 | Common | Form 4 ↗ |
| Fred Thiel | Director | 2026-09-17 | D | 27,505 | 11 | 314,932 | Common | Form 4 ↗ |
| Salman Khan | Chief Financial Officer | 2026-09-17 | D | 16,000 | 11 | 183,200 | Common | Form 4 ↗ |
| Zabi Nowaid | General Counsel | 2026-09-18 | D | 8,376 | 12 | 101,350 | Common, open-market sale | Form 4 ↗ |
| Zabi Nowaid | General Counsel | 2026-09-30 | D | 20,923 | 11 | 237,058 | Common | Form 4 ↗ |
| Fred Thiel | Director | 2026-09-30 | D | 63,101 | 11 | 714,934 | Common | Form 4 ↗ |
| Salman Khan | Chief Financial Officer | 2026-09-30 | D | 52,307 | 11 | 592,638 | Common | Form 4 ↗ |
| Fred Thiel | Director | 2026-10-01 | D | 27,505 | 11 | 308,606 | Common | Form 4 ↗ |
| Salman Khan | Chief Financial Officer | 2026-10-05 | D | 9,210 | 11 | 103,244 | Common | Form 4 ↗ |
| Salman Khan | Chief Financial Officer | 2026-10-19 | D | 16,000 | 8 | 126,080 | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
Sources (79 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Fred Thiel. DEF 14A, filed 2026-04-30. Section “Executive Compensation Tables” · page 62. As printed: 27,053,236. View filing ↗
- Section 01, Salman Khan. DEF 14A, filed 2026-04-30. Section “Executive Compensation Tables” · page 62. As printed: 18,890,432. View filing ↗
- Section 01, Zabi Nowaid. DEF 14A, filed 2026-04-30. Section “Executive Compensation Tables” · page 62. As printed: 6,112,668. View filing ↗
- Section 03, Salman Khan PSU. DEF 14A, filed 2026-04-30. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Zabi Nowaid PSU. DEF 14A, filed 2026-04-30. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Fred Thiel PSU. DEF 14A, filed 2026-04-30. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-04-30. Section “CEO Pay Ratio”. As printed: 134 : 1. View filing ↗
- Section 08, Douglas Mellinger. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 845,000. View filing ↗
- Section 08, Vicki Mealer-Burke. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 810,000. View filing ↗
- Section 08, Barbara Humpton. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 810,000. View filing ↗
- Section 08, Janet George. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 802,500. View filing ↗
- Section 08, Jay Leupp. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 787,500. View filing ↗
- Section 08, Georges Antoun. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 767,500. View filing ↗
- Section 08, Fred Thiel. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Kevin DeNuccio. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: —. View filing ↗
- Section 08, Said Ouissal. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: —. View filing ↗
- Section 08, Sarita James. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: —. View filing ↗
- Section 02, Zabi Nowaid 2026-04-30. Form 4, filed 2026-05-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Fred Thiel 2026-04-30. Form 4, filed 2026-05-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Salman Khan 2026-04-30. Form 4, filed 2026-05-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Zabi Nowaid 2026-05-18. Form 4, filed 2026-05-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Salman Khan 2026-05-18. Form 4, filed 2026-05-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Fred Thiel 2026-05-18. Form 4, filed 2026-05-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Fred Thiel 2026-05-18. Form 4, filed 2026-05-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Zabi Nowaid 2026-05-18. Form 4, filed 2026-05-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Fred Thiel 2026-06-17. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Zabi Nowaid 2026-06-17. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Salman Khan 2026-06-17. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Douglas Mellinger 2026-06-22. Form 4, filed 2026-06-24. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Fred Thiel 2026-07-01. Form 4, filed 2026-07-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Salman Khan 2026-07-01. Form 4, filed 2026-07-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Zabi Nowaid 2026-07-01. Form 4, filed 2026-07-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Salman Khan 2026-07-17. Form 4, filed 2026-07-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Fred Thiel 2026-07-17. Form 4, filed 2026-07-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Zabi Nowaid 2026-07-20. Form 4, filed 2026-07-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Fred Thiel 2026-07-30. Form 4, filed 2026-08-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Salman Khan 2026-07-30. Form 4, filed 2026-08-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Zabi Nowaid 2026-07-30. Form 4, filed 2026-08-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Salman Khan 2026-07-31. Form 4, filed 2026-08-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Fred Thiel 2026-07-31. Form 4, filed 2026-08-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Zabi Nowaid 2026-07-31. Form 4, filed 2026-08-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Fred Thiel 2026-08-03. Form 4, filed 2026-08-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Zabi Nowaid 2026-08-03. Form 4, filed 2026-08-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Salman Khan 2026-08-17. Form 4, filed 2026-08-19. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Fred Thiel 2026-08-17. Form 4, filed 2026-08-19. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Zabi Nowaid 2026-08-21. Form 4, filed 2026-08-21. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Fred Thiel 2026-09-17. Form 4, filed 2026-09-18. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Salman Khan 2026-09-17. Form 4, filed 2026-09-18. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Zabi Nowaid 2026-09-18. Form 4, filed 2026-09-18. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Zabi Nowaid 2026-09-30. Form 4, filed 2026-10-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Fred Thiel 2026-09-30. Form 4, filed 2026-10-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Salman Khan 2026-09-30. Form 4, filed 2026-10-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Fred Thiel 2026-10-01. Form 4, filed 2026-10-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Salman Khan 2026-10-05. Form 4, filed 2026-10-07. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Salman Khan 2026-10-19. Form 4, filed 2026-10-21. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-06-22. Item 5.07 · say-on-pay result. As reported: 59.09% (votes for as printed: 64,973,538). View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-06-27. Item 5.07 · say-on-pay result. As reported: 21.58% (votes for as printed: 20,154,119). View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
- Section 09b board cost (computed). Computed. Cash 1,222,500 + equity 3,600,000 + all other 0 = 4,822,500, summed across the director compensation table rows.
- CleanSpark, Section 10b CEO total. DEF 14A, filed 2026-01-22. CEO total compensation as printed in CleanSpark's own proxy. As printed: 44,901,507. View filing ↗
- Mara Holdings (subject), Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Mara Holdings's own proxy. As printed: 27,053,236. View filing ↗
- C3.ai, Section 10b CEO total. DEF 14A, filed 2026-08-28. CEO total compensation as printed in C3.ai's own proxy. As printed: 24,308,723. View filing ↗
- Samsara, Section 10b CEO total. DEF 14A, filed 2026-06-01. CEO total compensation as printed in Samsara's own proxy. As printed: 18,184,644. View filing ↗
- Confluent, Section 10b CEO total. DEF 14A, filed 2025-04-23. CEO total compensation as printed in Confluent's own proxy. As printed: 15,105,701. View filing ↗
- Cipher Mining, Section 10b CEO total. DEF 14A, filed 2026-04-20. CEO total compensation as printed in Cipher Mining's own proxy. As printed: 14,968,623. View filing ↗
- Braze, Section 10b CEO total. DEF 14A, filed 2026-05-18. CEO total compensation as printed in Braze's own proxy. As printed: 14,230,598. View filing ↗
- DoubleVerify Holdings, Section 10b CEO total. DEF 14A, filed 2026-04-07. CEO total compensation as printed in DoubleVerify Holdings's own proxy. As printed: 11,814,232. View filing ↗
- SPS Commerce, Section 10b CEO total. DEF 14A, filed 2026-04-14. CEO total compensation as printed in SPS Commerce's own proxy. As printed: 11,410,244. View filing ↗
- Rapid7, Section 10b CEO total. DEF 14A, filed 2026-04-22. CEO total compensation as printed in Rapid7's own proxy. As printed: 10,058,576. View filing ↗
- Couchbase, Section 10b CEO total. DEF 14A, filed 2025-04-16. CEO total compensation as printed in Couchbase's own proxy. As printed: 8,685,250. View filing ↗
- Fastly, Section 10b CEO total. DEF 14A, filed 2026-04-22. CEO total compensation as printed in Fastly's own proxy. As printed: 6,798,332. View filing ↗
- AppFolio, Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in AppFolio's own proxy. As printed: 5,438,904. View filing ↗
- Riot Platforms, Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Riot Platforms's own proxy. As printed: 3,460,222. View filing ↗
- GitLab, Section 10b CEO total. DEF 14A, filed 2026-05-01. CEO total compensation as printed in GitLab's own proxy. As printed: 1,047,060. View filing ↗
- Squarespace, Section 10b CEO total. DEF 14A, filed 2024-04-22. CEO total compensation as printed in Squarespace's own proxy. As printed: 552,146. View filing ↗
- Section 10a, Cipher Mining reciprocity. DEF 14A. Cipher Mining names Mara Holdings in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, CleanSpark reciprocity. DEF 14A. CleanSpark names Mara Holdings in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Riot Platforms reciprocity. DEF 14A. Riot Platforms names Mara Holdings in its own disclosed peer group (read from its most recent proxy). View filing ↗