Form 4: CleanSpark Director Amanda Cavaleri Sells Shares
SEC Form 4 Filing
Director Amanda Cavaleri sold shares of CleanSpark, Inc. on March 24, 2025.
Summary
- Amanda Cavaleri, a director of CleanSpark, Inc. (CLSK), reported changes in beneficial ownership on March 24, 2025.
- She sold 9,000 shares of common stock at $7.36 per share and 4,000 shares at $9.34 per share.
- Following these transactions, Cavaleri directly owns 140,289 shares of CleanSpark.
- The reported amount includes 34,130 RSUs granted on October 2, 2024, vesting quarterly.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock sales by a director. The sales themselves don't inherently indicate a positive or negative outlook.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the trading activities of company directors.
Stakeholder Impact
- Shareholders may interpret the stock sale as a lack of confidence, but it could also be for personal financial reasons.
Key Dates
| Date | Description |
|---|---|
| October 2, 2024 | Grant date of 34,130 RSUs. |
| February 13, 2025 | First vesting date of RSUs. |
| March 24, 2025 | Date of stock sale transactions. |
| May 13, 2025 | Second vesting date of RSUs. |
| August 13, 2025 | Third vesting date of RSUs. |
| December 3, 2025 | Fourth vesting date of RSUs. |
Keywords
CleanSpark, CLSK, Form 4, Insider Trading, Beneficial Ownership, Amanda Cavaleri, Director, Stock Sale
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