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Hugh Gallagher RSU grant vesting schedule

Company: Marathon Digital

Subject kind
personnel
Statement date
2022-04-04
Promised by
2023-03-31
Promised amount
50000.0 units
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

The April 2023 10-K/A only restates Gallagher's vesting schedule. No passage reports how many of his RSUs vested on March 31, 2023.

“vesting of the Compensation Shares shall vest 33.33% (50,000 restricted stock units “rsus”)) on March 31, 2023”
2023-04-27 · Marathon Digital 10-K/A filed 2023-04-28 View cached copy (2026-09-13)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

Hugh Gallagher was granted 150,000 restricted stock units with 50,000 units vesting on March 31, 2023 and remaining 100,000 units vesting at 8.33% every three months for eight consecutive quarters

Source (primary)

Marathon Digital 8-K filed 2022-04-05 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “Mr. Gallagher has been provided with a grant of 150,000 restricted stock units ('Initial Executive Award')... vesting of the Compensation Shares shall vest 33.33% (50,000 restricted stock units 'rsus')) on March 31, 2023, and the remaining 100,000 rsus will vest 8.33% (12,500 rsus) 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.

Marathon Digital's 8-K states Gallagher received 150,000 RSUs, with 50,000 vesting on March 31, 2023 and the remaining 100,000 vesting 8.33% (12,500) every three months for eight consecutive quarters, matching every part of the claim.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315222009175/form8-k.htm) in full (10,580 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Marathon Digital 8-K filed 2022-04-05

Quote: “Mr. Gallagher has been provided with a grant of 150,000 restricted stock units ('Initial Executive Award')... vesting of the Compensation Shares shall vest 33.33% (50,000 restricted stock units 'rsus')) on March 31, 2023, and the remaining 100,000 rsus will vest 8.33% (12,500 rsus) every three months, thereafter, for eight consecutive calendar quarters”

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

Record of changes

September 14, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 15, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.