Form 8-K · Current Report · Filed 2025-04-25
CleanSpark, Inc. Adjusts CTO Compensation
On April 22, 2025, CleanSpark, Inc.'s Compensation Committee approved a compensation adjustment for Taylor Monnig, the Chief Technology Officer.
- Filer
- Cleanspark Inc. CLSK · NASDAQ
- Filed
- Accession
- 0000950170-25-058862
- CIK
- 0000827876
- Signal
- Medium impactFinancial Services
- Source
- Official filing on sec.gov ↗
Details
His annual base salary was increased from $410,000 to $550,000, with a bonus target increase from 100% to 150% of his base salary. Additionally, the equity grants available to him under the 2025 Long Term Incentive Plan were increased, with the vesting of shares dependent on the company's performance in October 2025.
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Financial Statements and Exhibits
Market reaction
Close before filing
$8.86
Next session
-3.3%
Since filing
+55.0%
Latest close
$13.73
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from CLSK reporting the same item, with the next session's move:
About Cleanspark Inc.
Cleanspark Inc. is a technology company primarily focused on providing advanced energy software and control technology solutions. The company's main objective is to help customers achieve energy efficiency and maximize cost savings through its innovative microgrid design and energy analytics. Cleanspark Inc. offers services to a wide range of markets including commercial, industrial, and residential sectors, as well as unique solutions for military and municipal applications. Its solutions empower users to take control of their power needs by integrating multiple power sources, energy storage, and intelligent control systems. As the demand for sustainable and resilient energy solutions increases, Cleanspark Inc. plays a significant role in the transition towards more decentralized and efficient energy systems, aligning with global sustainability trends and energy independence initiatives.
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