CEO & Chairman · CLEANSPARK, INC. (CLSK)

S. Matthew Schultz

A named executive officer of CLEANSPARK in every fiscal year CompBrief holds from FY2020 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$44,901,507

FY2024: $13,897,921

2nd of 5 named executive officers at Cleanspark by FY2025 total.

5 named officers on file for CLEANSPARK, FY2025

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What this number hides

The filing gives the total. CLEANSPARK’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed January 22, 2026 (DEF 14A). Insider transactions since that proxy, current to 2026-11-07.

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S. Matthew Schultz compensation by year

CLEANSPARK Summary Compensation Table · all 6 fiscal years held
In US dollars, as CLEANSPARK reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2020FY2021FY2022FY2023FY2024FY2025
Salary$0$350,000$350,000$540,000$720,000$862,917
Bonus$350,000$2,210,000$329,000$2,340,000$8,664,666$5,533,333
Stock awards$484,200$1,864,926$21,814,888$3,080,700$3,834,005$37,098,637
Option awards$239,450$7,429,135$484,356$0$0$0
Non-equity incentive$0—$0$0$0$0
Pension and deferred compensation$0—$0$0$0$0
All other$252,000$279,626$170,721$318,038$679,250$1,406,620
Total$1,325,650$12,133,686$23,148,965$6,278,738$13,897,921$44,901,507

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: CLEANSPARK, INC. DEF 14A filed January 22, 2026, accession 0001193125-26-019447, and prior-year filings.

How this page was built: the CLEANSPARK, INC. filed document, accession 0001193125-26-019447. Every figure is read from that document and cited to the page and table it appears in. Filed January 22, 2026.

$1.3M
$12.1M
$23.1M
$6.3M
$13.9M
$44.9M
FY20
FY21
FY22
FY23
FY24
FY25
SalaryBonusStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU1,729,000$25,070,500—
RSU1,296,750$18,802,875—
RSU627,753$9,102,419—
RSU184,722$2,678,469—

Per the Outstanding Equity Awards at Fiscal Year-End table in CLEANSPARK, INC.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

24 Form 4 lines since the FY2025 proxy (filed January 22, 2026)
current to 2026-11-07 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-09-08Tax withholding10b5-192,070$13.342,595,313
2026-09-08Tax withholding10b5-1253,587$13.343,039,089
2026-09-04Exercise or conversion10b5-1576,333$0.003,292,676
2026-09-04Exercise or conversion10b5-1209,042$0.002,687,383
2026-09-04Exercise or conversion10b5-1216,125$0.002,811,438
2026-09-04Tax withholding10b5-195,095$12.612,716,343
2026-09-04Exercise or conversion derivative10b5-1576,333$0.001,152,667
2026-09-04Exercise or conversion derivative10b5-1209,042$0.00418,711

The 8 most recent of 24 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

Change-in-control & termination

estimated payments CLEANSPARK discloses, by trigger · FY2025
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Involuntary termination without cause$950,000$55,654,263$22,814$58,527,077
Change in control and involuntary termination$950,000$55,654,263$22,814$58,527,077
Resignation for good reason, no change in control$950,000$55,654,263$22,814$58,527,077
Change in control and resignation for good reason$950,000$55,654,263$22,814$58,527,077

Per the Potential Payments Upon Termination or Change in Control table in CLEANSPARK, INC.'s FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.

CLEANSPARK’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Zachary K. BradfordFormer CEO & President$48,754,996
S. Matthew Schultz · this pageCEO & Chairman$44,901,507
Gary A. VecchiarelliCFO & President$16,144,711
Taylor MonnigCTO/COO$11,643,857
Scott E. GarrisonCDO & EVP$11,643,834

Board service

CLEANSPARK board · FY2023–FY2025

How this board is paid

Company policy: CLEANSPARK pays directors a $120,000 cash retainer and $200,000 in RSUs. As stated in CLEANSPARK's FY2025 proxy.

The full CLEANSPARK compensation record

free company brief

This page is one person within CLEANSPARK's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the CLEANSPARK proxy · each links to its own free brief

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order CLEANSPARK's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are CLEANSPARK's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

S. Matthew Schultz's compensation dossier