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CEO RSU grant to Fred Thiel

Company: Marathon Digital

Subject kind
personnel
Statement date
2023-08-27
Promised amount
500000.0 RSUs
Current status
stated

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

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

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.”

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