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Settlement payment to former CEO Merrick D. Okamoto

Company: Marathon Digital

Subject kind
personnel
Statement date
2022-10-16
Promised amount
24.0 USD
Current status
stated

The claim, verbatim

The company agreed to pay $24 million to former CEO and Chairman Merrick D. Okamoto to settle a dispute concerning restricted stock unit awards

Source (primary)

Marathon Digital 8-K filed 2022-10-17 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “the Company entered into a settlement agreement with Mr. Okamoto, pursuant to which the Company agreed to pay Mr. Okamoto $24 million”

How we checked this

Attempted on September 22, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315222028520/form8-k.htm) in full (3,279 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Marathon Digital 8-K filed 2022-10-17

Quote: “the Company entered into a settlement agreement with Mr. Okamoto, pursuant to which the Company agreed to pay Mr. Okamoto $24 million”

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