Adam Swick CGO RSU compensation
Company: Marathon Digital
The claim, verbatim
Adam Swick is due 212,817 total restricted stock units from two grants: 46,000 units vesting from July 2022 through September 2025, and 166,817 units from CGO appointment vesting through March 1, 2027
Source (primary)
Marathon Digital DEF 14A filed 2023-06-23 (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 shall vest 25% (11,500) on September 30, 2022 and the remaining 34,500 RSUs will 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
Checked on September 21, 2026. The cited source supports every part of this claim.
The document describes both Swick grants (46,000 and 166,817, totaling 212,817) with the vesting periods as claimed.
Confirmed in the source:
- Adam Swick is due 212,817 total RSUs across two grants
- a 46,000 RSU grant vesting from September 2022 through 2025
- a 166,817 RSU grant tied to his Chief Growth Officer appointment
- the 166,817 grant vests from March 1, 2024 through March 1, 2027
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. Swick is due 46,000 restricted stock units upon joining the Company on July 29, 2022 which shall vest 25% (11,500) on September 30, 2022 and the remaining 34,500 RSUs will 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.”