Chief Growth Officer RSU grant to Adam Swick
Company: Marathon Digital
What the later record shows
Delivered; the record does not say when
Later proxies confirm the 166,817-RSU Chief Growth Officer grant. They show 195,567 unvested units as of September 29, 2023, consistent with the combined 212,817 grant partly vested. The March 1, 2024 and later vestings are not confirmed.
“Swick is due 166,817 restricted stock units upon joining as the Company’s Chief Growth Officer”
2023-10-01 · Marathon Digital PRE 14A filed 2023-10-02 View cached copy (2026-08-31)Live source ↗
“As of September 29, 2023, Mr. Swick has 195,567 unvested restricted stock units remaining.”
2023-10-01 · Marathon Digital PRE 14A filed 2023-10-02 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 is due 46,000 RSUs from initial hire (July 29, 2022) with 25% vesting September 30, 2022 and remaining 34,500 vesting 2,875 quarterly for twelve quarters, plus 166,817 RSUs as Chief Growth Officer vesting 41,704 on March 1, 2024 (first anniversary) and 10,426 quarterly thereafter for twelve consecutive 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. Swick is due 46,000 restricted stock units upon joining the Company on July 29, 2022 which vested 25% (11,500) on September 30, 2022 and the remaining 34,500 RSUs vest 6.25% (2,875) every three months thereafter for twelve consecutive calendar quarters. 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 every part of this claim.
The proxy footnote states both of Swick's grants and their vesting schedules as described.
Confirmed in the source:
- Adam Swick is due 46,000 RSUs from joining the company on July 29, 2022
- 25% of those RSUs vested on September 30, 2022
- The remaining 34,500 RSUs vest 2,875 every three months for twelve quarters
- Swick is also due 166,817 RSUs as Chief Growth Officer
- 41,704 of those vest on March 1, 2024, his first anniversary as Chief Growth Officer
- 10,426 then vest every three months for twelve 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. Swick is due 46,000 restricted stock units upon joining the Company on July 29, 2022 which vested 25% (11,500) on September 30, 2022 and the remaining 34,500 RSUs vest 6.25% (2,875) every three months thereafter for twelve consecutive calendar quarters. 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.”
confirms Marathon Digital PRE 14A filed 2023-10-02
Quote: “Swick is due 166,817 restricted stock units upon joining as the Company’s Chief Growth Officer”