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CFO RSU Grant

Company: Marathon Digital

Subject kind
personnel
Statement date
2023-06-05
Promised by
2024-07-01
Promised amount
297247.0 RSUs
Current status
verified

What the later record shows

Delivered; the record does not say when

The 2026 proxy shows the 297,247-RSU grant was made and 25% vested. It states the first vest date as July 1, 2023, which conflicts with the promised July 1, 2024, so on-time status is unclear.

“Amount additionally reflects a grant of 297,247 RSUs, which vested as to 25% of the underlying shares on July 1, 2023, and vest as to the remaining shares in 12 equal quarterly installments thereafter”
2026-04-29 · Marathon Digital DEF 14A filed 2026-04-30 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

Grant of 297,247 restricted stock units with vesting schedule: 74,312 RSUs on July 1, 2024, then 18,578 RSUs quarterly for 11 quarters, and 18,577 RSUs on July 1, 2027

Source (primary)

Marathon Digital 8-K filed 2023-06-06 (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 October 11, 2026. The cited source supports every part of this claim.

The filing sets out the 297,247 RSU grant and the exact vesting schedule described in the claim.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315223020303/form8-k.htm) in full (9,204 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

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

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 ↗

confirms Marathon Digital DEF 14A filed 2026-04-30

Quote: “Amount additionally reflects a grant of 297,247 RSUs, which vested as to 25% of the underlying shares on July 1, 2023, and vest as to the remaining shares in 12 equal quarterly installments thereafter”

View cached copy (2026-08-31)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.
October 10, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.