---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-106224"
form_type: "8-K"
ticker: "CLSK"
cik: "0000827876"
company_name: "CLEANSPARK, INC."
filed_at: "2025-08-11T23:59:59+00:00"
generated_at: "2026-05-17T16:02:25.963639+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CleanSpark appoints founder Matt Schultz CEO; Zach Bradford resigns with $2.53M cash, 14.4 BTC, equity

## Summary
- Zachary Bradford resigned as CEO and director effective Aug 10, 2025; board reduced from 6 to 5 members.
- Separation package: $950k salary, $1.583M prorated bonus, $91k PTO, 14.4 BTC over 12 months.
- Immediate vesting of options for 500k shares and RSUs for 717,665 shares; additional 1,728,688 RSUs granted with 2-year vest.
- Former CEO Matt Schultz appointed President and CEO while remaining Chairman; management team stays.
- CleanSpark reaffirms strategic plans; will report FY 2025 full year results in November.

## SEC filing metadata
- accession: 0000950170-25-106224
- form_type: 8-K
- ticker: CLSK
- cik: 0000827876
- company_name: CLEANSPARK, INC.
- filed_at: 2025-08-11T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/827876/000095017025106224/0000950170-25-106224-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827876/000095017025106224/clsk-20250810.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-106224
- JSON: https://secwatch.observer/filing/0000950170-25-106224.json
- Plain text: https://secwatch.observer/filing/0000950170-25-106224.txt

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