Form 4: CleanSpark CFO Gary Vecchiarelli Reports Stock Transactions
SEC Form 4 Filing
CleanSpark's CFO, Gary Vecchiarelli, reports the acquisition and disposal of company stock related to vested restricted stock units.
Summary
- On September 12, 2024, Gary Vecchiarelli, the CFO of CleanSpark, Inc., reported transactions involving the company's common stock.
- Vecchiarelli acquired 40,000 shares of common stock upon the vesting of restricted stock units (RSUs) at a price of $0.
- Simultaneously, 15,740 shares were withheld by CleanSpark to cover withholding taxes associated with the RSU vesting at a price of $9.25.
- Following these transactions, Vecchiarelli directly owns 578,651 shares of CleanSpark common stock.
- He also continues to hold 40,000 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which is crucial for investor confidence and regulatory oversight.
Key Dates
| Date | Description |
|---|---|
| 09/12/2024 | Date of stock transactions (acquisition and disposal related to RSU vesting). |
| 09/12/2025 | Expiration date of the restricted stock units. |
| 09/13/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.