CFO Long-Term Incentive Plan Eligibility
Company: Marathon Digital
The claim, verbatim
Eligible for long-term incentive plan awards after first anniversary of employment; if 100% of targets are met, entitled to RSUs equal to 300% of base salary
Source (primary)
Marathon Digital 8-K filed 2023-06-06 (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 the executive is eligible for long-term incentive plan awards on or after the first anniversary of employment and that meeting 100% of targets entitles him to RSUs equal to 300% of base salary.
Confirmed in the source:
- The executive is eligible for long-term incentive plan awards on or after the first anniversary of the commencement date of employment
- If 100% of any determined targets are met, the executive is entitled to RSUs equal to 300% of the then applicable base salary
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: “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”