Chief Growth Officer RSU grant to Adam Swick
Company: Marathon Digital
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
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. 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.”