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Executive equity compensation for co-CEOs

Company: IREN

Subject kind
personnel
Statement date
2026-07-01
Promised amount
788.0 USD
Current status
stated

The claim, verbatim

IREN's board approved equity packages of 9 million restricted stock units (RSUs) each for co-CEOs William Roberts and Daniel Roberts, valued at approximately $788 million, vesting over 4 years with 2-year post-vesting holding periods

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. 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

Attempted on September 14, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

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. 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)”

View cached copy (2026-08-31)Live source ↗

Record of changes

August 31, 2026 — statedlater found incorrect
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 1, 2026 — withdrawnlater found incorrect
Evidence review against the cited source. The source confirms the equity grant amount and valuation but contains no information about the vesting schedule, 4-year vesting period, 2-year post-vesting holding periods, or 6-year timeline claimed.
September 2, 2026 — stated
Correction after re-verification. Re-verification found the cited source does support this claim. The earlier withdrawal was made in error and has been reversed. The source fully supports every element of the claim and the attributed quote is near-verbatim, differing only by an unmarked elision of the parenthetical "($1.14 billion AUD)".