Summary by Futu AI
On December 12, 2024, Douglas K. Mellinger, an insider at Marathon Digital, executed a sale of 1,000 shares of common stock in an open market transaction. The shares were sold at a price of $23.80 per share, resulting in a total transaction value of $23,800.Following this transaction, Mellinger's direct ownership in Marathon Digital stands at 138,756 shares. The sale represents a minor reduction in the insider's holdings, with the transaction being completed on the reported date.This insider activity provides investors with insight into executive-level transactions at Marathon Digital, though it's important to note that individual trades may not necessarily indicate broader company trends or future stock performance.