Fred Thiel CEO RSU compensation
Company: Marathon Digital
What the later record shows
Outcome not yet confirmed
No passage states that the remaining 235,000 RSUs vested quarterly through April 26, 2024. Thiel's continued tenure as CEO (P8) does not by itself show vesting.
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
Fred Thiel is due 500,000 restricted stock units as Chief Executive Officer, with 33.33% vesting on first anniversary April 26, 2022, and remaining 235,000 RSUs vesting 8.33% per quarter for eight quarters through April 26, 2024
Source (primary)
Marathon Digital DEF 14A filed 2023-06-23 (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% will vest upon the first anniversary of signing the agreement and the remaining 235,000 RSUs will vest 8.33% (41,650) every three months thereafter for eight consecutive calendar quarters.”
How we checked this
Checked on October 11, 2026. The cited source supports part of this claim, but not all of it.
The filing gives the grant size and vesting structure, but it ties the first vesting to the anniversary of signing and never states the April 26, 2022 or April 26, 2024 dates. Those dates are inferred from the agreement's April 26, 2021 effective date, not stated.
Confirmed in the source:
- Fred Thiel is due 500,000 restricted stock units upon joining as Chief Executive Officer
- 33.33% of Thiel's RSUs vest on the first anniversary of signing his agreement
- The remaining 235,000 of Thiel's RSUs vest 8.33% (41,650) every three months for eight consecutive calendar quarters
We could not confirm this from the cited source:
- Thiel's first-anniversary vesting date was April 26, 2022
- Thiel's quarterly vesting ran through April 26, 2024
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315223022290/formdef14a.htm) in full (114,104 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital DEF 14A filed 2023-06-23
Quote: “Mr. Thiel is due 500,000 restricted stock units upon joining as the Company's Chief Executive Officer which 33.33% will vest upon the first anniversary of signing the agreement and the remaining 235,000 RSUs will vest 8.33% (41,650) every three months thereafter for eight consecutive calendar quarters.”