2.5 million stock options issued to CEO
Company: Marathon Digital
The claim, verbatim
2,500,000 stock options were issued to Merrick Okamoto under the 2018 Equity Incentive Plan on October 12, 2018, exercisable within sixty days
Source (primary)
Marathon Digital SC 13D filed 2018-10-16 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “options were issued under the Issuer's 2018 Equity Incentive Plan issued October 12, 2018 exercisable within sixty (60) days”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The cover-page footnote and Item 3 state that the 2,500,000 options were issued under the 2018 Equity Incentive Plan on October 12, 2018, as compensation for Okamoto's services, and are exercisable within 60 days. The exact quoted wording combines two passages, but the substance of the claim is in the filing.
Confirmed in the source:
- Merrick Okamoto beneficially owns options covering 2,500,000 shares of Marathon Patent Group common stock
- The options were issued under the Issuer's 2018 Equity Incentive Plan
- The options were issued October 12, 2018
- The options are currently exercisable or become exercisable within 60 days
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315218014549/formsc13d.htm) in full (9,800 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital SC 13D filed 2018-10-16
Quote: “options were issued under the Issuer's 2018 Equity Incentive Plan issued October 12, 2018 exercisable within sixty (60) days”