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CFO RSU grant to Salman Khan

Company: Marathon Digital

Subject kind
personnel
Statement date
2023-08-27
Promised by
2024-07-01
Promised amount
297247.0 RSUs
Current status
verified

What the later record shows

Delivered; the record does not say when

The 2026 proxy confirms Khan received the 297,247-RSU grant and that 25% vested, with the rest vesting quarterly. However, it gives the first vest date as July 1, 2023, not July 1, 2024, so the timing cannot be reliably confirmed.

“Amount additionally reflects a grant of 297,247 RSUs, which vested as to 25% of the underlying shares on July 1, 2023, and vest as to the remaining shares in 12 equal quarterly installments thereafter”
2026-04-29 · Marathon Digital DEF 14A filed 2026-04-30 View cached copy (2026-08-31)Live source ↗
“Salman Khan has served as Chief Financial Officer since June 14, 2023.”
2026-04-29 · Marathon Digital DEF 14A filed 2026-04-30 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

Salman Khan is due 297,247 restricted stock units upon joining as Chief Financial Officer, with 25% (74,312) vesting on July 1, 2024, followed by 18,578 RSUs on the last day of each of eleven calendar quarters, and 18,577 RSUs on the twelfth calendar quarter (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 every element of this grant and schedule.

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 ↗

confirms Marathon Digital DEF 14A filed 2026-04-30

Quote: “Amount additionally reflects a grant of 297,247 RSUs, which vested as to 25% of the underlying shares on July 1, 2023, and vest as to the remaining shares in 12 equal quarterly installments thereafter”

View cached copy (2026-08-31)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.
October 10, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.