secwatch.observer — SEC 8-K summary
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Issuer:     MARA Holdings, Inc. (MARA)
CIK:        0001507605
Form:       8-K
Filed at:   2022-04-05T23:59:59+00:00
Accession:  0001493152-22-009175
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marathon Digital appoints Hugh Gallagher as CFO, Douglas Mellinger as director
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- Hugh Gallagher appointed CFO effective March 31, 2022; Sim Salzman appointed Chief Accounting Officer.
- Douglas Mellinger appointed to board to fill vacancy from Merrick Okamoto's departure at end of 2021.
- Gallagher's employment agreement: 3-year term, $475,000 base salary, 150,000 RSUs with 3-year vesting.
- Gallagher's RSUs vest 33.33% (50,000) on March 31, 2023, then 8.33% (12,500) quarterly.
- Salzman's annual base salary increased to $275,000 under amended agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1507605/000149315222009175/0001493152-22-009175-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1507605/000149315222009175/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-009175

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