Sullivan base salary
Company: Core Scientific
What the later record shows
Delivered on time · happened April 30, 2023
Sullivan's April 2023 employment agreement set a $500,000 base salary, and the 2025 proxy lists his 2023 annual base salary as $500,000.
“Mr. Sullivan’s employment agreement provides for an annual base salary of $500,000 and eligibility for an annual discretionary cash bonus award”
2024-05-05 · Core Scientific 424B3 filed 2024-05-06 View cached copy (2026-08-31)Live source ↗
“Named Executive Officer 2023 Annual Base Salary 2024 Annual Base Salary Percentage Increase Mr. Sullivan(1) $ 500,000 $ 625,000 25 %”
2025-03-27 · Core Scientific DEF 14A filed 2025-03-28 View cached copy (2026-08-31)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Sullivan will receive an annual base salary of $500,000
Source (primary)
Core Scientific 8-K filed 2023-05-17 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Mr. Sullivan will receive an annual base salary of $500,000”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 8-K states that under the Employment Agreement Sullivan will receive an annual base salary of $500,000.
Confirmed in the source:
- Under his Employment Agreement, Sullivan will receive an annual base salary of $500,000
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000119312523147063/d445001d8k.htm) in full (5,425 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific 8-K filed 2023-05-17
Quote: “Mr. Sullivan will receive an annual base salary of $500,000”
confirms Core Scientific 424B3 filed 2024-05-06
Quote: “Mr. Sullivan’s employment agreement provides for an annual base salary of $500,000 and eligibility for an annual discretionary cash bonus award”
confirms Core Scientific DEF 14A filed 2025-03-28
Quote: “Named Executive Officer 2023 Annual Base Salary 2024 Annual Base Salary Percentage Increase Mr. Sullivan(1) $ 500,000 $ 625,000 25 %”