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Chief Growth Officer RSU vesting schedule

Company: Marathon Digital

Subject kind
personnel
Statement date
2023-08-27
Promised by
2024-03-01
Promised amount
41704.0 RSU
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

The evidence only restates the vesting schedule, in October 2023. No passage reports the March 1, 2024 or later quarterly vestings occurring.

“which shall vest 41,704 on his first anniversary as Chief Growth Officer on March 1, 2024 and then 10,426 shall vest every three months thereafter”
2023-10-12 · Marathon Digital DEF 14A filed 2023-10-13 View cached copy (2026-08-31)Live source ↗

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

Adam Swick, Chief Growth Officer, has RSU grants with 41,704 units vesting on March 1, 2024, followed by quarterly vesting of 10,426 units for twelve consecutive quarters through 2025.

Source (primary)

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

Quote: “In addition, Mr. Swick is due 166,817 restricted stock units upon joining as the Company's Chief Growth Officer which shall vest 41,704 on his first anniversary as Chief Growth Officer on March 1, 2024 and then 10,426 shall vest every three months thereafter for twelve consecutive quarters.”

How we checked this

Checked on October 11, 2026. The cited source supports part of this claim, but not all of it.

The proxy confirms the 41,704 tranche on March 1, 2024 and twelve quarterly tranches of 10,426, but it gives no 2025 end date. Twelve quarters after March 2024 would extend into 2027, not end in 2025.

Confirmed in the source:

We could not confirm this from the cited source:

That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.

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: “In addition, Mr. Swick is due 166,817 restricted stock units upon joining as the Company's Chief Growth Officer which shall vest 41,704 on his first anniversary as Chief Growth Officer on March 1, 2024 and then 10,426 shall vest every three months thereafter for twelve consecutive quarters.”

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.