Executive stock and cash compensation awards
Company: Marathon Digital
The claim, verbatim
Company approved 1,164,000 restricted stock units at $0.43 per unit vesting quarterly over 1 year, and cash awards of $105,000 to Merrick Okamoto and $54,000 to David Lieberman
Source (primary)
Marathon Digital S-1 filed 2020-06-29 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Total awards to be granted amounted to 1,164,000 restricted stock units at a price of $0.43 per unit with a term of one year, vesting quarterly in equal amounts, and cash award of $105,000 to Merrick Okamoto and $54,000 to David Lieberman”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The filing states that the Compensation Committee approved 1,164,000 RSUs at $0.43 per unit vesting quarterly over one year, plus cash awards of $105,000 to Okamoto and $54,000 to Lieberman.
Confirmed in the source:
- The Compensation Committee approved the awards on May 5, 2020
- Total awards of 1,164,000 restricted stock units at $0.43 per unit
- The units have a one-year term and vest quarterly in equal amounts
- A cash award of $105,000 to Merrick Okamoto
- A cash award of $54,000 to David Lieberman
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315220012113/foms-1.htm) in full (261,086 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital S-1 filed 2020-06-29
Quote: “Total awards to be granted amounted to 1,164,000 restricted stock units at a price of $0.43 per unit with a term of one year, vesting quarterly in equal amounts, and cash award of $105,000 to Merrick Okamoto and $54,000 to David Lieberman”