secwatch.observer — SEC 8-K summary
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Issuer:     CLEANSPARK, INC. (CLSK)
CIK:        0000827876
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0000950170-24-055968
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 5.02, 1.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CleanSpark names Scott Garrison COO and Taylor Monnig CTO effective May 7
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- Garrison, previously SVP of Growth, appointed COO; Monnig, previously SVP of Mining Tech, appointed CTO.
- Each receives $335k base salary, 100k RSUs vesting in thirds starting Sep 30, 2024.
- Annual discretionary bonus up to 100% of base salary at Compensation Committee discretion.
- Employment agreements provide severance: 0.5 + 1/12 per year of service times base salary.
- Garrison oversaw data center construction; Monnig led miner performance and uptime improvement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/827876/000095017024055968/0000950170-24-055968-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/827876/000095017024055968/clsk-20240507.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-055968

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer