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Chief Growth Officer Adam Swick RSU vesting schedule

Company: Marathon Digital

Subject kind
personnel
Statement date
2023-06-22
Promised by
2024-03-01
Promised amount
41704.0 RSUs
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

The only passages on Swick's grant are October 2023 restatements of the schedule. No passage confirms the March 1, 2024 tranche vested, though he was still Chief Growth Officer in April 2024.

“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”
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

Adam Swick (Chief Growth Officer) to receive 41,704 RSUs vesting on March 1, 2024, followed by quarterly vestings through March 1, 2028

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 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 October 11, 2026. The cited source supports part of this claim, but not all of it.

The filing says twelve quarterly tranches follow March 1, 2024, which would end around March 1, 2027, not March 1, 2028. The filing does not state a 2028 end date.

Confirmed in the source:

We could not confirm this from the cited source:

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. 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.”

View cached copy (2026-09-13)Live source ↗

Record of changes

September 13, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 14, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.