Ashu Swami CTO RSU compensation
Company: Marathon Digital
What the later record shows
Outcome not yet confirmed
The latest status is from October 2023, when 45,000 of Swami's 80,000 RSUs were still unvested, so vesting was on schedule then. No passage says whether the final tranches vested through December 27, 2025. Swami is also absent from the March 2026 management team list, which does not say what happened to his remaining units.
“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 as Chief Technology Officer, vesting 20,000 on first anniversary December 27, 2022, then 5,000 per quarter for 12 quarters through December 27, 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. Swami is due 80,000 restricted stock units upon joining as the Company's Chief Technology Officer which shall vest 20,000 on his first anniversary December 27, 2022 and then 5,000 will vest 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 filing states the grant, the first-anniversary tranche, the quarterly vesting, and that the last tranche vests on the agreement's four-year anniversary.
Confirmed in the source:
- Ashu Swami is due 80,000 restricted stock units as Chief Technology Officer
- 20,000 of Swami's RSUs vest on his first anniversary, December 27, 2022
- Swami's RSUs then vest 5,000 every three months for 12 consecutive quarters
- Swami's last RSUs vest on the four-year anniversary of his December 27, 2021 agreement, i.e. December 27, 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. Swami is due 80,000 restricted stock units upon joining as the Company's Chief Technology Officer which shall vest 20,000 on his first anniversary December 27, 2022 and then 5,000 will vest every three months thereafter for 12 consecutive calendar quarters.”