---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-004798"
form_type: "8-K"
ticker: "MARA"
cik: "0001507605"
company_name: "MARA Holdings, Inc."
filed_at: "2024-02-02T23:59:59+00:00"
generated_at: "2026-06-06T09:53:29.479437+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Marathon Digital grants CEO $22.4M in RSUs; raises 2024 salaries and bonuses for top execs

## Summary
- CEO Fred Thiel received FY 2023 LTIP RSUs valued at $22.4M; base salary increased to $950,000.
- CFO Salman Khan received $13.3M in LTIP RSUs; base salary raised to $625,000.
- FY 2023 annual performance bonuses: Thiel $1.8M, Khan $623,438, Crawford $463,500, Swick $450,000.
- FY 2024 bonus targets for CEO/CFO up to 225% of base; COO/CTO/CGO up to 150%; CAO up to 125%.
- Board members each granted $850,000 in immediately vesting RSUs for FY 2023.

## SEC filing metadata
- accession: 0001493152-24-004798
- form_type: 8-K
- ticker: MARA
- cik: 0001507605
- company_name: MARA Holdings, Inc.
- filed_at: 2024-02-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1507605/000149315224004798/0001493152-24-004798-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1507605/000149315224004798/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-004798
- JSON: https://secwatch.observer/filing/0001493152-24-004798.json
- Plain text: https://secwatch.observer/filing/0001493152-24-004798.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.