Form 4: Cleanspark Director Acquires New Restricted Stock Units

Cleanspark Director Roger Paul Beynon acquired 14,706 Restricted Stock Units, adding to his existing holdings and vesting schedule.

Summary

• Roger Paul Beynon, a Director of CLEANSPARK, INC. (CLSK), acquired 14,706 Restricted Stock Units (RSUs) on September 12, 2025.
• These newly acquired RSUs will vest in two tranches: 50% on December 31, 2025, and the remaining 50% on March 31, 2026.
• Mr. Beynon also beneficially owns 116,978 shares of Common Stock directly.
• Additionally, he holds 8,533 Restricted Stock Units that are scheduled to vest on December 3, 2025.
• Following these reported transactions, Mr. Beynon directly beneficially owns a total of 116,978 shares of Common Stock and 23,239 Restricted Stock Units.

Sentiment

Score: 7

Explanation: The acquisition of RSUs by a director is generally viewed positively as it indicates continued commitment and alignment with the company's future performance, although it is part of compensation rather than an open market purchase.

Positives

• The acquisition of 14,706 Restricted Stock Units by a director signals continued alignment of management interests with shareholder value.
• The vesting schedule for the RSUs provides an incentive for long-term performance and retention of key personnel.

Industry Context

Insider transactions, such as the acquisition of Restricted Stock Units by a director, are common practices in publicly traded companies. They are often part of executive compensation packages designed to align management's financial interests with the long-term performance of the company and shareholder returns. While not indicative of broader industry trends, such filings provide transparency into individual executive holdings and compensation structures.

Stakeholder Impact

• Shareholders may view this as a positive signal, indicating that a key director has a vested interest in the company's future success, potentially boosting investor confidence.

Next Steps

• The vesting of 8,533 Restricted Stock Units on December 3, 2025.
• The vesting of 50% of 14,706 Restricted Stock Units on December 31, 2025.
• The vesting of the remaining 50% of 14,706 Restricted Stock Units on March 31, 2026.

Key Dates

Recommendation

The acquisition of Restricted Stock Units by a director, while a positive signal of alignment and commitment, is typically part of a compensation package rather than a direct open-market purchase. This event alone does not fundamentally alter the company's financial outlook or strategic position to warrant a 'buy' or 'sell' recommendation, but it reinforces a 'hold' stance due to continued insider interest.

Keywords

CLSK, Cleanspark, Form 4, Insider Transaction, Restricted Stock Units, Director, Equity Compensation