Chief Technology Officer RSU grant to Ashu Swami
Company: Marathon Digital
What the later record shows
Delivered; the record does not say when
Later filings confirm the 80,000-RSU grant. Unvested units fell from 55,000 to 45,000 by October 5, 2023, consistent with ongoing vesting, but the individual vesting dates are not confirmed.
“Mr. Swami is due 80,000 restricted stock units upon joining as the Company’s Chief Technology Officer”
2023-10-12 · Marathon Digital DEF 14A filed 2023-10-13 View cached copy (2026-08-31)Live source ↗
“As of October 5, 2023, Mr. Swami has 45,000 unvested restricted stock units remaining.”
2023-10-12 · Marathon Digital DEF 14A filed 2023-10-13 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
Ashu Swami is due 80,000 restricted stock units upon joining as Chief Technology Officer, with 20,000 vesting on first anniversary December 27, 2022, and 5,000 vesting every three months for 12 consecutive calendar quarters thereafter.
Source (primary)
Marathon Digital DEF 14A filed 2023-08-28 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Mr. Swami is due 80,000 restricted stock units upon joining as the Company's Chief Technology Officer which vested 20,000 on his first anniversary December 27, 2022 and then 5,000 vests every three months thereafter for 12 consecutive calendar quarters.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The proxy footnote states the grant and vesting schedule exactly as claimed.
Confirmed in the source:
- Ashu Swami is due 80,000 restricted stock units upon joining as Chief Technology Officer
- 20,000 vested on his first anniversary, December 27, 2022
- 5,000 vest every three months thereafter for 12 consecutive calendar 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. Swami is due 80,000 restricted stock units upon joining as the Company's Chief Technology Officer which vested 20,000 on his first anniversary December 27, 2022 and then 5,000 vests every three months thereafter for 12 consecutive calendar quarters.”
confirms Marathon Digital DEF 14A filed 2023-10-13
Quote: “Mr. Swami is due 80,000 restricted stock units upon joining as the Company’s Chief Technology Officer”