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AI brief of an SEC Form 8-K · MARA Holdings (MARA)

MARA Holdings Shareholders Reject Pay Vote, Approve 18 Million Share Plan Increase

Mixed Impact 3 of 5 shareholder Written later

At its June 26, 2025 annual meeting, MARA Holdings stockholders did not approve, on an advisory basis, the compensation of its Named Executive Officers, with 73,226,079 votes against and 20,154,119 for. They also approved an 18,000,000-share increase to the 2018 Equity Incentive Plan, which became effective June 26, 2025, and re-elected Georges Antoun and Jay Leupp as Class II directors.

Key points

  • Say-on-pay proposal not approved: 20,154,119 for, 73,226,079 against, 1,439,186 abstentions
  • Equity plan amendment approved: 80,572,963 for, 13,462,863 against, adding 18,000,000 shares to the 2018 Plan
  • Georges Antoun and Jay Leupp elected as Class II directors, serving until the 2028 annual meeting
  • PricewaterhouseCoopers LLP ratified as independent registered accounting firm for 2025

The filing

CompanyMARA Holdings (MARA)
Form8-K, current report
Filed with the SECJun 27, 2025, 5:15 PM ET
Accession number0001641172-25-016953

Items reported: 5.02 Director / Officer Change5.07 Shareholder Vote Results

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 27, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.