Summary by Moomoo AI
Frederick G Thiel, the Chief Executive Officer of Marathon Digital Holdings, Inc. (ticker: MARA), completed a sale of 161,554 shares of common stock on February 16, 2024. The transaction was carried out at a price of $17.73 per share, resulting in a total market value of $2,864,352.42. Following the sale, Thiel's direct holdings in the company amount to 2,716,362 shares. The sale was executed to cover the payment of exercise price or tax liability by delivering or withholding securities, as indicated by the transaction code 'F'. This financial move by the CEO of Marathon Digital reflects a significant change in his investment in the company, and it may influence investor sentiment regarding the stock.