Fred Thiel RSU Grant - 500,000 units over 4-year vesting schedule
Company: Marathon Digital
The claim, verbatim
Fred Thiel, Chairman and CEO, was granted 500,000 restricted stock units vesting over four years: 125,000 RSUs at end of first year, then 31,250 RSUs every three months for 12 consecutive quarters
Source (primary)
Marathon Digital 8-K filed 2023-05-08 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “granted 500,000 restricted stock units of the Company ("RSUs") to Fred Thiel, its Chairman and Chief Executive Officer. The RSUs shall vest over four (4) years with 125,000 RSUs vesting at the end of the first year after the date of grant, with the balance of 375,000 RSUs vesting in equal amounts of 31,250 RSUs on each three month anniversary of the end of the first year after the date of grant, for 12 consecutive three month periods”
How we checked this
Additional evidence
confirms Marathon Digital 8-K filed 2023-05-08
Quote: “granted 500,000 restricted stock units of the Company ("RSUs") to Fred Thiel, its Chairman and Chief Executive Officer. The RSUs shall vest over four (4) years with 125,000 RSUs vesting at the end of the first year after the date of grant, with the balance of 375,000 RSUs vesting in equal amounts of 31,250 RSUs on each three month anniversary of the end of the first year after the date of grant, for 12 consecutive three month periods”