CEO RSU grant to Fred Thiel
Company: Marathon Digital
The claim, verbatim
Fred Thiel is due 500,000 restricted stock units upon joining as Chief Executive Officer, with 33.33% vesting upon first anniversary of signing the agreement and the remaining 41,650 RSUs vesting every three months for eight consecutive calendar quarters.
Source (primary)
Marathon Digital DEF 14A filed 2023-08-28 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Mr. Thiel is due 500,000 restricted stock units upon joining as the Company's Chief Executive Officer which 33.33% vested upon the first anniversary of signing the agreement and the remaining 235,000 RSUs vest 8.33% (41,650) every three months thereafter for eight consecutive calendar quarters.”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document states each element of Thiel's 500,000-RSU grant, including the 33.33% first-anniversary vest and 41,650 per-quarter tranches for eight quarters.
Confirmed in the source:
- Fred Thiel is Chief Executive Officer
- Thiel is due 500,000 RSUs upon joining
- 33.33% vests upon the first anniversary of signing the agreement
- 41,650 RSUs vest every three months for eight consecutive quarters
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. Thiel is due 500,000 restricted stock units upon joining as the Company's Chief Executive Officer which 33.33% vested upon the first anniversary of signing the agreement and the remaining 235,000 RSUs vest 8.33% (41,650) every three months thereafter for eight consecutive calendar quarters.”