Executive LTIP performance RSU grant tied to TSR
Company: Marathon Digital
The claim, verbatim
The Reporting Person received LTIP Performance RSUs that vest based on total stockholder return. At the maximum 200% of the TSR target, the grant equals $22,500,000 divided by the average closing price over the prior 100 trading days. Actual vesting can range from 0% to 200% of target.
Source (primary)
marathon-digital 8-K exhibit (ex99.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-07)Live source ↗
Quote: “reflects the number of LTIP Performance RSUs that will be earned by the Reporting Person upon the Company's achievement of 200% of the target amount of the TSR metric, and is equal to $22,500,000 divided by the average closing price over the prior 100 consecutive trading days”
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 8-K exhibit (ex99.htm)
Quote: “reflects the number of LTIP Performance RSUs that will be earned by the Reporting Person upon the Company's achievement of 200% of the target amount of the TSR metric, and is equal to $22,500,000 divided by the average closing price over the prior 100 consecutive trading days”