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Chief Financial Officer RSU vesting through 2027

Company: Marathon Digital

Subject kind
personnel
Statement date
2023-08-27
Promised by
2024-07-01
Promised amount
74312.0 RSU
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

No post-July 2024 passage confirms that Khan's 74,312-RSU tranche or the later quarterly tranches vested. The July 1, 2024 footnotes in P10 and P12 predate that date and do not identify the holder.

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

Salman Khan, Chief Financial Officer, was granted 297,247 restricted stock units with an initial tranche of 74,312 RSUs vesting on July 1, 2024, followed by quarterly vesting of approximately 18,578 RSUs per quarter for 11 quarters, and a final tranche on July 1, 2027.

Source (primary)

Marathon Digital DEF 14A filed 2023-08-28 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “Mr. Khan is due 297,247 restricted stock units upon joining as the Company's Chief Financial Officer which 25% (74,312) will vest on July 1, 2024 and then 18,578 RSUs shall vest on the last day of each of the eleven calendar quarters thereafter and 18,577 RSUs shall vest on the twelfth calendar quarter, which is July 1, 2027.”

How we checked this

Checked on October 11, 2026. The cited source supports every part of this claim.

The proxy footnote states each element of Khan's vesting schedule as described.

Confirmed in the source:

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. Khan is due 297,247 restricted stock units upon joining as the Company's Chief Financial Officer which 25% (74,312) will vest on July 1, 2024 and then 18,578 RSUs shall vest on the last day of each of the eleven calendar quarters thereafter and 18,577 RSUs shall vest on the twelfth calendar quarter, which is July 1, 2027.”

View cached copy (2026-09-13)Live source ↗

Record of changes

September 13, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 14, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.