Co-CEO restricted stock units award
Company: IREN
The claim, verbatim
The board approved approximately 9 million restricted stock units each for co-CEOs William Roberts and Daniel Roberts, valued at approximately $788 million, vesting equally over four years with a subsequent two-year post-vesting holding period (extending through fiscal year 2033).
Source (primary)
IREN Stock Heads For Ninth Straight Loss: $50M-A-Year NBA Spends, $788M Co-Founder Pay Packet Leave Retail Unimpressed - Stocktwits (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “Iren's board unanimously approved an equity package granting 9 million restricted stock units (RSUs) each to Co-Founders and Co-CEOs William Roberts and Daniel Roberts. Based on recent stock values, the total package is worth roughly US$788 million ($1.14 billion AUD). The RSUs vest in equal installments over four years. Crucially, each annual tranche is subject to an additional two-year post-vesting holding period, meaning they cannot sell or monetize those shares for a combined six-year timeline (stretching to the 2033 fiscal year).”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document fully describes the RSU grant, its ~$788 million value, the four-year vesting, and the two-year post-vesting holding period through fiscal 2033.
Confirmed in the source:
- IREN's board approved 9 million RSUs each for co-CEOs William Roberts and Daniel Roberts
- The package is valued at roughly US$788 million
- The RSUs vest in equal installments over four years
- Each tranche has an additional two-year post-vesting holding period extending to fiscal year 2033
What we did: Read our cached copy of the publisher (https://stocktwits.com/news-articles/markets/equity/iren-stock-heads-for-ninth-straight-loss-/cZmeu82R7j3) in full (5,354 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Stock Heads For Ninth Straight Loss: $50M-A-Year NBA Spends, $788M Co-Founder Pay Packet Leave Retail Unimpressed - Stocktwits
Quote: “Iren's board unanimously approved an equity package granting 9 million restricted stock units (RSUs) each to Co-Founders and Co-CEOs William Roberts and Daniel Roberts. Based on recent stock values, the total package is worth roughly US$788 million ($1.14 billion AUD). The RSUs vest in equal installments over four years. Crucially, each annual tranche is subject to an additional two-year post-vesting holding period, meaning they cannot sell or monetize those shares for a combined six-year timeline (stretching to the 2033 fiscal year).”