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AI brief of an SEC Form 8-K · CleanSpark (CLSK)

CleanSpark raises CTO Taylor Monnig's base salary to $550,000 and boosts LTIP awards

Neutral Impact 2 of 5 leadership Written later

After a mid-year assessment on April 22, 2025, CleanSpark's Compensation Committee increased the base salary of Chief Technology Officer Taylor Monnig from $410,000 to $550,000 and raised his bonus target maximum from 100% to 150% of base salary. His 2025 long-term incentive equity grants were also increased, with 100% of target RSUs rising from 268,852 (valued at $2.46 million) to 360,656 (valued at $3.16 million). Shareholders should note that the larger award values depend on future performance, with the Committee expected to determine results in October 2025.

Key points

  • Base salary raised from $410,000 to $550,000 following the April 22, 2025 assessment
  • Bonus target maximum raised from 100% to 150% of base salary
  • At 100% of target, LTIP RSUs increased from 268,852 to 360,656, valued at $3,162,953 based on the $8.77 closing price on April 22, 2025
  • Committee expects to determine performance in October 2025; 40% of any earned awards vest October 31, 2025

The filing

CompanyCleanSpark (CLSK)
Form8-K, current report
Filed with the SECApr 25, 2025, 5:14 PM ET
Accession number0000950170-25-058862

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 25, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.