CEO equity compensation - RSU vesting schedule
Company: Marathon Digital
The claim, verbatim
Fred Thiel is due 500,000 restricted stock units, with 33.33% vesting upon the first anniversary of joining as CEO, and the remaining units vesting at 8.33% (41,650 shares) quarterly over 8 consecutive quarters thereafter.
Source (primary)
Marathon Digital DEF 14A filed 2022-09-12 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Mr. Thiel is due 500,000 restricted stock units upon joining as the Company's Chief Executive Officer which 33.33% will vest upon the first anniversary of signing the agreement and the remaining 235,000 RSUs will vest 8.33% (41,650) every three months thereafter for eight consecutive calendar quarters.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Marathon Digital DEF 14A filed 2022-09-12
Quote: “Mr. Thiel is due 500,000 restricted stock units upon joining as the Company's Chief Executive Officer which 33.33% will vest upon the first anniversary of signing the agreement and the remaining 235,000 RSUs will vest 8.33% (41,650) every three months thereafter for eight consecutive calendar quarters.”