2018 Employee Incentive Plan share authorization increase approved
Company: Marathon Digital
The claim, verbatim
Shareholders approved an increase to the authorized shares available under the 2018 Employee Incentive Plan
Source (primary)
Marathon Digital 8-K filed 2023-11-13 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Proposal 1, which required approval of a majority of the shares voting either in person or by proxy thereon, was approved by the shareholders.”
How we checked this
Checked on September 18, 2026. The cited source supports part of this claim, but not all of it.
The filing shows stockholders approved Proposal 1, 'APPROVE INCREASE SHS 2018 EIP'. It never spells out 'EIP', so it does not confirm the plan's full name as 'Employee Incentive Plan'.
Confirmed in the source:
- Marathon Digital Holdings' stockholders voted on a proposal to increase shares under its 2018 plan, abbreviated 'EIP', at a special meeting on November 10, 2023
- Proposal 1 (the share increase) was approved by the shareholders
We could not confirm this from the cited source:
- The 2018 'EIP' is the '2018 Employee Incentive Plan' (the filing uses only the abbreviation 'EIP' and never gives the plan's full name)
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315223040579/form8-k.htm) in full (5,340 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 8-K filed 2023-11-13
Quote: “Proposal 1, which required approval of a majority of the shares voting either in person or by proxy thereon, was approved by the shareholders.”