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Merrick Okamoto RSU settlement payment

Company: Marathon Digital

Subject kind
personnel
Statement date
2023-03-15
Promised amount
24000.0 thousand USD
Current status
stated

The claim, verbatim

Company committed to pay former CEO and Chairman Merrick Okamoto $24 million in settlement of restricted stock unit award dispute

Source (primary)

Marathon Digital 10-K filed 2023-03-16 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “the Company agreed to pay Mr. Okamoto $24,000 thousand”

How we checked this

Checked on September 21, 2026. The cited source supports every part of this claim.

The filing states the Company agreed to pay Okamoto, its former CEO and Chairman, $24,000 thousand to settle the RSU award dispute.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315223007879/form10-k.htm) in full (445,884 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Marathon Digital 10-K filed 2023-03-16

Quote: “the Company agreed to pay Mr. Okamoto $24,000 thousand”

View cached copy (2026-09-13)Live source ↗