secwatch.observer — SEC 8-K summary
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Issuer:     CLEANSPARK, INC. (CLSK)
CIK:        0000827876
Form:       8-K
Filed at:   2024-10-03T23:59:59+00:00
Accession:  0000950170-24-112014
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CleanSpark appoints Brian Carson CAO, adopts LTIP with up to $35M CEO target
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- Brian Carson appointed CAO effective Oct 1, 2024; base salary $300k, bonus up to 40%, 131,148 RSUs.
- New LTIP ties RSU vesting to peer-group performance; CEO Zach Bradford target $17.575M, max $35.15M.
- FY2025 base salaries raised: Bradford $950k, Schultz $855k, Vecchiarelli $510k, Garrison $550k, Monnig $410k.
- LTIP vesting: 40% after FY2025 performance test, balance over 12 quarters; payout 0-200% of target.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/827876/000095017024112014/0000950170-24-112014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/827876/000095017024112014/clsk-20241001.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-112014

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