CLSK.NASDAQCleanspark, INC

Form 4: CleanSpark CFO Gary Vecchiarelli Reports Stock Transactions

Sentiment:

SEC Form 4

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Gary Vecchiarelli, CFO of CleanSpark, reports acquisition and disposal of company stock, including shares sold to cover tax liabilities related to vesting RSUs.

Summary

  • On February 13, 2025, Gary Vecchiarelli, CFO of CleanSpark, acquired 1,606 shares of common stock.
  • On February 14, 2025, Vecchiarelli sold 717 shares of common stock at a price of $10.6394 per share.
  • Following these transactions, Vecchiarelli beneficially owns 564,998 shares of CleanSpark common stock.
  • The acquisition of shares is related to the vesting of Restricted Stock Units (RSUs).
  • The sale of shares was to cover the tax liability associated with the vesting of these RSUs.

Sentiment

Score: 5

Explanation: This is a routine filing reflecting standard compensation practices; it doesn't inherently indicate positive or negative sentiment.

Industry Context

This is a standard Form 4 filing, common for corporate insiders who have transactions in their company's stock. It reflects compensation and standard tax liability coverage.

Key Dates

DateDescription
02/13/2025CFO acquired 1,606 shares of common stock and the first vesting date for 19,272 RSUs in twelve equal quarterly installments.
02/14/2025CFO sold 717 shares at $10.6394 to cover tax liability.
05/13/2025Next vesting date for 19,272 RSUs in twelve equal quarterly installments.
08/13/2025Next vesting date for 19,272 RSUs in twelve equal quarterly installments.
09/12/2025Vesting date for 40,000 RSUs.
12/03/2025Next vesting date for 19,272 RSUs in twelve equal quarterly installments.
02/13/2026Next vesting date for 19,272 RSUs in twelve equal quarterly installments.
05/13/2026Next vesting date for 19,272 RSUs in twelve equal quarterly installments.
08/13/2026Next vesting date for 19,272 RSUs in twelve equal quarterly installments.
12/03/2026Next vesting date for 19,272 RSUs in twelve equal quarterly installments.
02/12/2027Next vesting date for 19,272 RSUs in twelve equal quarterly installments.
05/13/2027Next vesting date for 19,272 RSUs in twelve equal quarterly installments.
08/13/2027Next vesting date for 19,272 RSUs in twelve equal quarterly installments.
12/03/2027Final vesting date for 19,272 RSUs in twelve equal quarterly installments.

Keywords

CleanSpark, CLSK, Gary Vecchiarelli, CFO, stock, shares, RSU, Restricted Stock Units, beneficial ownership, Form 4, SEC

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