---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-021175"
form_type: "8-K"
ticker: "MARA"
cik: "0001507605"
company_name: "MARA Holdings, Inc."
filed_at: "2023-06-14T23:59:59+00:00"
generated_at: "2026-06-14T01:11:00.484059+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Marathon Digital appoints Salman Khan as CFO effective June 14, 2023

## Summary
- Salman Khan appointed CFO; previously CFO at Verb Technology, and senior roles at Occidental Petroleum.
- Three-year employment agreement with annual base salary of $475,000 and annual 3% cost-of-living increases.
- Signing bonus of $125,000 subject to clawback if employment ends before June 14, 2024.
- Grant of 297,247 RSUs vesting quarterly from July 1, 2024 through July 1, 2027; immediate vesting on change of control.
- Eligible for annual bonus up to 100% of base salary and long-term incentive awards up to 300% of base salary.

## SEC filing metadata
- accession: 0001493152-23-021175
- form_type: 8-K
- ticker: MARA
- cik: 0001507605
- company_name: MARA Holdings, Inc.
- filed_at: 2023-06-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1507605/000149315223021175/0001493152-23-021175-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1507605/000149315223021175/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-021175
- JSON: https://secwatch.observer/filing/0001493152-23-021175.json
- Plain text: https://secwatch.observer/filing/0001493152-23-021175.txt

## Key facts
- Executive change
  Salman Khan was appointed as Chief Financial Officer at MARA Holdings, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: Marathon Digital Holdings, Inc. (the “Company”) appointed Salman Khan as its new Chief Financial Officer, effective as of June 14, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1507605/000149315223021175/0001493152-23-021175-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.