{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-008063","form_type":"8-K","ticker":"MARA","cik":"0001507605","company_name":"MARA Holdings, Inc.","filed_at":"2026-02-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.265520+00:00","generated_at":"2026-05-16T00:15:32.262064+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"MARA adopts new RSU/PSU agreements tying executive pay to megawatt capacity and recurring revenue","bullets":["RSUs vest over 11 quarterly installments from April 2026 to Dec 2028, subject to continued employment.","PSUs tied to FY2026 metrics: Economic Triad Megawatt Capacity and Annual Recurring Revenues; payout up to 249% of target.","Earned PSUs: 1/3 settles after certification, remaining 2/3 vest in two annual installments on anniversaries.","Relative TSR modifier over 3-year period (2026-2028) adjusts payout; aggregate LTIP payout capped at 200% of target.","Change in control: unvested PSUs treated like RSUs with performance deemed at target."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-008063","json":"https://secwatch.observer/filing/0001493152-26-008063.json","markdown":"https://secwatch.observer/filing/0001493152-26-008063.md","text":"https://secwatch.observer/filing/0001493152-26-008063.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1507605/000149315226008063/0001493152-26-008063-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1507605/000149315226008063/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T00:15:32.262064+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}