jain.com

Chief Technology Officer Ashu Swami RSU vesting schedule

Company: Marathon Digital

Subject kind
personnel
Statement date
2023-06-12
Promised by
2025-12-27
Promised amount
80000.0 units
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

This is the same Swami vesting schedule as claim 12428. The evidence only shows interim progress in 2023 (45,000 unvested as of October 5, 2023) and nothing on completion by December 27, 2025.

“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 (Chief Technology Officer) has 80,000 RSUs vesting with 20,000 on December 27, 2022 and 5,000 quarterly for 12 consecutive quarters

Source (primary)

Marathon Digital PRE 14A filed 2023-06-13 (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.

Both the ownership footnote and the employment agreement description give this grant and vesting schedule for Swami, and they are consistent.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315223021104/formpre14a.htm) in full (113,914 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Marathon Digital PRE 14A filed 2023-06-13

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.”

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.