MARA Holdings DEF 14A: Executive Compensation & Governance
Ticker: MARA · Form: DEF 14A · Filed: 2025-04-30T00:00:00.000Z
Sentiment: neutral
Topics: proxy-statement, executive-compensation, corporate-governance
TL;DR
MARA Holdings DEF 14A out: exec comp details for Thiel & Okamoto, governance info.
AI Summary
MARA Holdings, Inc. filed a DEF 14A on April 30, 2025, detailing executive compensation and corporate governance matters for the fiscal year ending December 31, 2024. The filing includes information on Fred Thiel and Merrick Okamoto, key members of the company's compensation committee, and their roles in determining compensation for named executive officers. The company, formerly known as Marathon Digital Holdings, Inc., is incorporated in Nevada and operates in the finance services sector.
Why It Matters
This filing provides insight into how MARA Holdings compensates its top executives, which can influence investor perception and company performance.
Risk Assessment
Risk Level: medium — DEF 14A filings often contain information about executive compensation and corporate governance, which can be sensitive and impact stock price.
Key Numbers
- 20250430 — Filing Date (Date the DEF 14A was filed with the SEC.)
- 20250626 — Period of Report (The period covered by the filing.)
- 1231 — Fiscal Year End (Indicates the end of the company's fiscal year.)
Key Players & Entities
- MARA Holdings, Inc. (company) — Filer
- Fred Thiel (person) — Member of Compensation Committee
- Merrick Okamoto (person) — Member of Compensation Committee
- Marathon Digital Holdings, Inc. (company) — Former Company Name
- Marathon Patent Group, Inc. (company) — Former Company Name
- American Strategic Minerals Corp (company) — Former Company Name
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Definitive Proxy Statement, is filed by a company to solicit proxies from shareholders for an upcoming annual meeting or special meeting of shareholders.
Who are the key individuals mentioned in relation to the compensation committee?
Fred Thiel and Merrick Okamoto are mentioned as members of the compensation committee.
When was MARA Holdings, Inc. previously known by another name?
MARA Holdings, Inc. was formerly known as Marathon Digital Holdings, Inc. (name change on 20210315), Marathon Patent Group, Inc. (name change on 20130222), and American Strategic Minerals Corp (name change on 20111213).
What is the company's state of incorporation?
The company is incorporated in Nevada (NV).
What is the business address and phone number provided in the filing?
The business address is 101 NE THIRD AVENUE, SUITE 1200, FORT LAUDERDALE, FL 33301, and the business phone number is (800) 804-1690.
From the Filing
0001507605-25-000006.txt : 20250430 0001507605-25-000006.hdr.sgml : 20250430 20250430161550 ACCESSION NUMBER: 0001507605-25-000006 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 81 CONFORMED PERIOD OF REPORT: 20250626 FILED AS OF DATE: 20250430 DATE AS OF CHANGE: 20250430 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MARA Holdings, Inc. CENTRAL INDEX KEY: 0001507605 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 09 Crypto Assets EIN: 010949984 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-36555 FILM NUMBER: 25895489 BUSINESS ADDRESS: STREET 1: 101 NE THIRD AVENUE, STREET 2: SUITE 1200 CITY: FORT LAUDERDALE STATE: FL ZIP: 33301 BUSINESS PHONE: (800) 804-1690 MAIL ADDRESS: STREET 1: 101 NE THIRD AVENUE, STREET 2: SUITE 1200 CITY: FORT LAUDERDALE STATE: FL ZIP: 33301 FORMER COMPANY: FORMER CONFORMED NAME: MARATHON DIGITAL HOLDINGS, INC. DATE OF NAME CHANGE: 20210315 FORMER COMPANY: FORMER CONFORMED NAME: Marathon Patent Group, Inc. DATE OF NAME CHANGE: 20130222 FORMER COMPANY: FORMER CONFORMED NAME: American Strategic Minerals Corp DATE OF NAME CHANGE: 20111213 DEF 14A 1 mara-20250430.htm DEF 14A mara-20250430 0001507605 DEF 14A false iso4217:USD iso4217:USD xbrli:shares 0001507605 2024-01-01 2024-12-31 0001507605 mara:FredThielMember 2024-01-01 2024-12-31 0001507605 mara:FredThielMember 2023-01-01 2023-12-31 0001507605 2023-01-01 2023-12-31 0001507605 mara:FredThielMember 2022-01-01 2022-12-31 0001507605 2022-01-01 2022-12-31 0001507605 mara:MerrickOkamotoMember 2021-01-01 2021-12-31 0001507605 mara:FredThielMember 2021-01-01 2021-12-31 0001507605 2021-01-01 2021-12-31 0001507605 mara:MerrickOkamotoMember 2020-01-01 2020-12-31 0001507605 2020-01-01 2020-12-31 0001507605 2021-01-01 2021-03-31 0001507605 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember mara:MerrickOkamotoMember 2021-01-01 2021-12-31 0001507605 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember mara:MerrickOkamotoMember 2020-01-01 2020-12-31 0001507605 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember mara:MerrickOkamotoMember 2021-01-01 2021-12-31 0001507605 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember mara:MerrickOkamotoMember 2020-01-01 2020-12-31 0001507605 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember mara:MerrickOkamotoMember 2021-01-01 2021-12-31 0001507605 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember mara:MerrickOkamotoMember 2020-01-01 2020-12-31 0001507605 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember mara:MerrickOkamotoMember 2021-01-01 2021-12-31 0001507605 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember mara:MerrickOkamotoMember 2020-01-01 2020-12-31 0001507605 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember mara:MerrickOkamotoMember 2021-01-01 2021-12-31 0001507605 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember mara:MerrickOkamotoMember 2020-01-01 2020-12-31 0001507605 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember mara:MerrickOkamotoMember 2021-01-01 2021-12-31 0001507605 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember mara:MerrickOkamotoMember 2020-01-01 2020-12-31 0001507605 2021-04-01 2021-12-31 0001507605 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember mara:FredThielMember 2024-01-01 2024-12-31 0001507605 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember mara:FredThielMember 2023-01-01 2023-12-31 0001507605 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember mara:FredThielMember 2022-01-01 2022-12-31 0001507605 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember mara:FredThielMember 2021-01-01 2021-12-31 0001507605 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMem