Fred Thiel FY 2023 LTIP Grant
Company: Marathon Digital
The claim, verbatim
Fred Thiel received $22,400,000 in FY 2023 Annual LTIP Grants as CEO, vesting 25% immediately and 6.25% quarterly over three years
Source (primary)
Marathon Digital 8-K filed 2024-02-02 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Fred Thiel $ 800,000 $ 22,400,000”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The 8-K lists Thiel's $22,400,000 FY 2023 LTIP grant, identifies him as CEO, and describes the 25% immediate / 6.25% quarterly vesting over three years.
Confirmed in the source:
- Fred Thiel is CEO (and Chairman) of Marathon Digital Holdings
- Fred Thiel was granted a FY 2023 Annual LTIP Grant of $22,400,000 in RSUs
- The FY 2023 LTIP Grants vest 25% immediately with the remainder in twelve quarterly installments of 6.25% over a three-year period
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315224004798/form8-k.htm) in full (8,397 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 8-K filed 2024-02-02
Quote: “Fred Thiel $ 800,000 $ 22,400,000”