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Visram retention - April 30, 2024 milestone

Company: Hut 8

This claim was marked delayed on September 4, 2026. Recorded automatically from the cited source when it was published, then queued for evidence review.

How this was decided: Automated extraction from the cited source. The claim is preserved below exactly as it was originally published, so the record shows what was asserted as well as what became of it.

Subject kind
personnel
Statement date
2024-02-11
Promised by
2024-04-30
Promised amount
315000.0 USD
Current status
delayed

The claim, verbatim

If Shenif Visram remains employed through April 30, 2024, he will receive USD $315,000 cash bonus and 33,333 RSUs will accelerate vesting to April 30, 2024

Source (primary)

Hut 8 8-K filed 2024-02-12 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “Subject to Mr. Visram remaining actively employed by the Hut Group and performing his duties in a manner satisfactory to the Board of Directors of the Company through (i) April 30, 2024, then he will receive a cash retention bonus of USD$315,000 (the "First Bonus") and 33,333 restricted shares units of the Company scheduled to vest on December 31, 2024 will instead vest on April 30, 2024”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Hut 8 8-K filed 2024-02-12

Quote: “Subject to Mr. Visram remaining actively employed by the Hut Group and performing his duties in a manner satisfactory to the Board of Directors of the Company through (i) April 30, 2024, then he will receive a cash retention bonus of USD$315,000 (the "First Bonus") and 33,333 restricted shares units of the Company scheduled to vest on December 31, 2024 will instead vest on April 30, 2024”

View cached copy (2026-08-31)Live source ↗

Record of changes

September 3, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 4, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.