Fred Thiel CEO RSU grant
Company: Marathon Digital
What the later record shows
Delivered; the record does not say when
A 2023 proxy says 33.33% of Thiel's 500,000 RSUs vested on the first anniversary, which shows the grant was made. It does not give the dates.
“Thiel is due 500,000 restricted stock units upon joining as the Company’s Chief Executive Officer which 33.33% vested upon the first anniversary of signing the agreement”
2023-10-12 · Marathon Digital DEF 14A filed 2023-10-13 View cached copy (2026-08-31)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Fred Thiel granted 500,000 restricted stock units as Chief Executive Officer, with 33.33% vesting upon first anniversary of joining agreement and remaining RSUs vesting 8.33% quarterly for 8 consecutive quarters
Source (primary)
Marathon Digital PRE 14A filed 2022-09-02 (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
Checked on October 11, 2026. The cited source supports every part of this claim.
The proxy's ownership-table footnote states the 500,000-RSU award to Thiel and the described vesting schedule. The footnote's own figure for the remaining RSUs (235,000) is internally inconsistent with the percentages, but the claim does not repeat that number.
Confirmed in the source:
- Fred Thiel is due 500,000 restricted stock units in connection with joining as Marathon's Chief Executive Officer
- 33.33% of Thiel's RSUs vest on the first anniversary of signing the agreement
- Thiel's remaining RSUs vest 8.33% every three months for eight consecutive calendar quarters
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315222024987/formpre14a.htm) in full (101,802 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital PRE 14A filed 2022-09-02
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.”
confirms Marathon Digital DEF 14A filed 2023-10-13
Quote: “Thiel is due 500,000 restricted stock units upon joining as the Company’s Chief Executive Officer which 33.33% vested upon the first anniversary of signing the agreement”