CFO long-term incentive plan awards
Company: Marathon Digital
The claim, verbatim
Chief Financial Officer eligible for long-term incentive plan awards starting first employment anniversary; if 100% of targets met, entitled to RSUs worth 300% of base salary
Source (primary)
Marathon Digital 8-K filed 2023-06-14 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “If 100% of any determined targets are met, the Executive would be entitled to a dollar amount in RSUs equal to 300% of the Executive's then applicable Base Salary”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document states LTIP awards begin on or after the first employment anniversary and that meeting 100% of targets yields RSUs worth 300% of base salary.
Confirmed in the source:
- CFO eligible for long-term incentive plan awards awarded on or after the first anniversary of employment
- If 100% of targets are met, entitled to RSUs equal to 300% of applicable base salary
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: “If 100% of any determined targets are met, the Executive would be entitled to a dollar amount in RSUs equal to 300% of the Executive's then applicable Base Salary”