Form 4: CleanSpark Director Acquires Shares

CleanSpark Director Amanda Cavaleri acquired 8,532 shares of common stock through the vesting of Restricted Stock Units.

Summary

• Director Amanda Cavaleri acquired 8,532 shares of CleanSpark, Inc. common stock.
• The acquisition occurred on August 13, 2025, through the exercise or conversion of derivative securities (Restricted Stock Units).
• The transaction price for the acquired shares was $0, which is typical for RSU vesting.
• Following this transaction, Ms. Cavaleri directly beneficially owns 131,756 shares of common stock.
• Ms. Cavaleri also holds 8,533 unvested Restricted Stock Units.
• These remaining 8,533 RSUs are scheduled to vest on December 3, 2025.
• A previous reporting of 17,065 Restricted Stock Units was transferred from Table 1 to Table 2 for form preparation clarity, with 8,532 of these vesting on August 13, 2025.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director through RSU vesting is a positive indicator of insider confidence and alignment with shareholder interests, though it's a routine compensation event rather than a discretionary purchase.

Positives

• Increased direct ownership by a director, signaling confidence in the company's future.
• The acquisition of shares through RSU vesting is a standard compensation mechanism, aligning director interests with shareholders.

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with shareholders due to increased direct ownership.

Next Steps

• The remaining 8,533 Restricted Stock Units are scheduled to vest on December 3, 2025.

Key Dates

Recommendation

The filing indicates a director's acquisition of shares through RSU vesting, which is a positive sign of insider alignment and confidence. However, it's a standard compensation event rather than a discretionary open-market purchase, suggesting a 'hold' recommendation as it reinforces existing positive sentiment without providing new, compelling reasons for a 'strong buy'.

Keywords

CleanSpark, CLSK, SEC Form 4, Insider Trading, Director, Stock Acquisition, Restricted Stock Units, RSU Vesting, Beneficial Ownership, Corporate Governance