CleanSpark Executive Compensation Details Revealed

TL;DR

CLEANSPARK's exec pay details are out for FY23 - check the equity awards for PEOs and non-PEOs.

AI Summary

CleanSpark, Inc. filed its DEF 14A on January 22, 2025, detailing executive compensation for the fiscal year ending September 30, 2023. The filing includes information on equity awards granted to its principal executive officer (PEO) and non-PEO named executive officers, with values calculated as of the vesting date of prior year awards and outstanding awards in the covered year.

Why It Matters

This filing provides transparency into how CleanSpark compensates its top executives, which can influence investor perception and company performance.

Risk Assessment

Risk Level: medium — DEF 14A filings, while routine, can reveal compensation structures that may impact shareholder value and executive alignment.

Key Numbers

• 0930 — Fiscal Year End (Indicates the end of the reporting period for financial data.)

Key Players & Entities

• CLEANSPARK, INC. (company) — Filer
• 20250122 (date) — Filing Date
• September 30, 2023 (date) — Fiscal Year End

FAQ

Key Financial Figures

• $0.001 — f the Company's common stock, par value $0.001 per share (" Common Stock "), were issu

Filing Documents

• clsk-20250122.htm (DEF 14A) — 1291KB
• img109902926_0.jpg (GRAPHIC) — 142KB
• img109902926_1.jpg (GRAPHIC) — 435KB
• img109902926_2.jpg (GRAPHIC) — 252KB
• 0000950170-25-007763.txt ( ) — 4286KB
• clsk-20250122.xsd (EX-101.SCH) — 8KB
• clsk-20250122_htm.xml (XML) — 379KB

From the Filing

DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under 240.14a-12 CLEANSPARK, INC. (Name of Registrant as Specified In Its Charter) N/A (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. CLEANSPARK, INC. 10624 S. Eastern Ave., Suite A-638 Henderson, Nevada 89052 NOTICE OF ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON MARCH 3, 2025 NOTICE IS HEREBY GIVEN that the annual meeting of the stockholders (the " Meeting ") of CleanSpark, Inc. (the " Company ," " we " or " us ") will be held on March 3, 2025, at 1:00 PM PST / 4:00 PM EST. We have adopted a completely virtual format for our Meeting to provide a convenient experience to all stockholders regardless of location. You may attend, vote, and submit questions during the Meeting via the Internet at www.virtualshareholdermeeting.com/CLSK2025 . You may also attend the Meeting by proxy and may submit questions ahead of the Meeting through the designated website. For further information about the virtual Meeting, please see "Questions and Answers Regarding This Solicitation and Voting at the Meeting" beginning on page 3 of the accompanying proxy statement (the " Proxy Statement "). The purpose of the Meeting is as follows: (1) To elect the following individuals to hold office until the next annual meeting of stockholders or until their respective successors are duly elected and qualified, subject to prior death, resignation, or removal: Zachary K. Bradford, S. Matthew Schultz, Larry McNeill, Dr. Thomas L. Wood, Roger P. Beynon, and Amanda Cavaleri; (2) To approve, on a non-binding advisory basis, named executive officer compensation; (3) To ratify the appointment of BDO USA, P.C. as our independent registered public accounting firm for the fiscal year ending September 30, 2025; and (4) To transact such other business as may properly come before the Meeting or any adjournment or postponement thereof. The close of business on January 9, 2025 has been fixed as the record date for determining stockholders entitled to notice of, and to vote at, the Meeting or any adjournments or postponement thereof. A complete list of stockholders entitled to vote at the Meeting will be available for any stockholder's examination during ordinary business hours at our principal executive offices located at 10624 S. Eastern Ave., Suite A-638, Henderson, Nevada 89052, (702) 989-7692, beginning two business days after the date of this notice and continuing through the Meeting. Our Board of Directors has carefully reviewed and considered the foregoing proposals and has concluded that each proposal is in the best interests of the Company and its stockholders. Therefore, our Board of Directors has approved each proposal and recommends that you vote FOR each of the foregoing proposals. Your vote is important no matter how large or small your holdings in the Company may be. If you do not expect to be present at the Meeting virtually, you are urged to promptly complete, date, sign, and return the proxy card. Please review the instructions on your voting options described in the enclosed Proxy Statement as well as in the Notice of Internet Availability of Proxy Materials you received in the mail. This will not limit your right to virtually attend or vote at the Meeting. You may revoke your proxy at any time before it has been voted at the Meeting. The Notice of Internet Availability of Proxy Materials also contains instructions on how to access the Proxy Statement and our 2024 Annual Report on Form 10-K for the fiscal year ended September 30, 2024, both of which will be available online at www.proxyvote.com on or about January 22, 2025, and are available on our website at investors.cleanspark.com/financials/sec-filings/. By Order of the Board of Directors /s/ Zachary K. Bradford Zachary K. Bradford Chief Executive Officer, President, and Director Henderson, Nevada January 22, 2025 IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON MARCH 3, 2025 The Notice of Annual Meeting of Stockholders, the Proxy Statement, and our 2024 Annual Report on Form 10-K are available on our website at investors.cleanspark.com/financials/sec-filings/. Additionally, in accordance with Securities and Exchange Commission rules

View Full Filing

View this DEF 14A filing on SEC EDGAR