Chief Accounting Officer RSU vesting schedule through 2025
Company: Marathon Digital
What the later record shows
Outcome not yet confirmed
No passage refers to John Lee's RSUs vesting on December 31, 2023 or on any later quarter-end.
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
John Lee, Chief Accounting Officer, was granted 120,000 restricted stock units with 40,000 RSUs vesting on December 31, 2023, followed by 10,000 RSUs vesting on each quarter-end for eight additional quarters through December 31, 2025.
Source (primary)
Marathon Digital DEF 14A filed 2023-08-28 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Mr. Lee is due 120,000 restricted stock units upon joining as the Company's Chief Accounting Officer which shall vest 33.33% (40,000) on his first anniversary December 31, 2023 and then 10,000 on each successive quarter end of March 31, 2024, June 30, 2024, September 20, 2024, December 31, 2024, March 31, 2025, June 30, 2025, September 30, 2025 and December 31, 2025.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The proxy footnote sets out the 120,000-RSU grant, the 40,000 first tranche on December 31, 2023, and eight 10,000-unit quarter-end tranches through December 31, 2025. One listed date appears as September 20, 2024, likely a typo for September 30.
Confirmed in the source:
- John Lee, as Chief Accounting Officer, is due 120,000 restricted stock units
- 40,000 RSUs vest on December 31, 2023
- 10,000 RSUs vest at each of eight subsequent quarter-ends, ending December 31, 2025
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315223030329/formdef14a.htm) in full (28,222 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital DEF 14A filed 2023-08-28
Quote: “Mr. Lee is due 120,000 restricted stock units upon joining as the Company's Chief Accounting Officer which shall vest 33.33% (40,000) on his first anniversary December 31, 2023 and then 10,000 on each successive quarter end of March 31, 2024, June 30, 2024, September 20, 2024, December 31, 2024, March 31, 2025, June 30, 2025, September 30, 2025 and December 31, 2025.”