John Lee CAO RSU compensation
Company: Marathon Digital
What the later record shows
Outcome not yet confirmed
No passage reports how many of John Lee's 120,000 RSUs vested or whether the schedule ran through December 31, 2025.
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
John Lee is due 120,000 restricted stock units as Chief Accounting Officer, vesting 33.33% (40,000) on first anniversary December 31, 2023, then 10,000 per quarter through December 31, 2025
Source (primary)
Marathon Digital DEF 14A filed 2023-06-23 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Mr. Lee is due 120,000 restricted stock units upon joining as the Company's Chief Accounting Officer which shall vest 33.33% (40,000) on his first anniversary December 31, 2023 and then 10,000 on each successive quarter end of March 31, 2024, June 30, 2024, September 20, 2024, December 31, 2024, March 31, 2025, June 30, 2025, September 30, 2025 and December 31, 2025.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The ownership-table footnote states this schedule. Note that the same filing's employment-agreement section describes a different schedule (30,000 on October 31, 2023, then 12,500 per quarter).
Confirmed in the source:
- John Lee is due 120,000 restricted stock units as Chief Accounting Officer
- 33.33% (40,000) of Lee's RSUs vest on his first anniversary, December 31, 2023
- Lee's RSUs then vest 10,000 at each quarter end through December 31, 2025
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. Lee is due 120,000 restricted stock units upon joining as the Company's Chief Accounting Officer which shall vest 33.33% (40,000) on his first anniversary December 31, 2023 and then 10,000 on each successive quarter end of March 31, 2024, June 30, 2024, September 20, 2024, December 31, 2024, March 31, 2025, June 30, 2025, September 30, 2025 and December 31, 2025.”