jain.com

CFO restricted stock unit grant

Company: Marathon Digital

Subject kind
personnel
Statement date
2023-06-13
Promised by
2027-07-01
Promised amount
297247.0 units
Current status
stated

The claim, verbatim

Chief Financial Officer granted 297,247 RSUs with vesting: 74,312 RSUs on July 1, 2024, then 18,578 RSUs on last day of each of eleven calendar quarters, and 18,577 RSUs in final quarter (July 1, 2027)

Source (primary)

Marathon Digital 8-K filed 2023-06-14 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “Mr. Khan will be provided with a grant of 297,247 restricted stock units, subject to the vesting schedule displayed below. Vesting of the Compensation Shares shall occur as follows 74,312 RSUs on July 1, 2024, and then 18,578 RSUs on the last day of each of the eleven calendar quarters thereafter and 18,577 RSUs vesting on the twelfth calendar quarter, which is July 1, 2027”

How we checked this

Checked on September 21, 2026. The cited source supports every part of this claim.

The document details the exact RSU vesting schedule matching every figure in the claim.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315223021175/form8-k.htm) in full (9,298 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Marathon Digital 8-K filed 2023-06-14

Quote: “Mr. Khan will be provided with a grant of 297,247 restricted stock units, subject to the vesting schedule displayed below. Vesting of the Compensation Shares shall occur as follows 74,312 RSUs on July 1, 2024, and then 18,578 RSUs on the last day of each of the eleven calendar quarters thereafter and 18,577 RSUs vesting on the twelfth calendar quarter, which is July 1, 2027”

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