Form 4: CleanSpark Director McNeill Acquires Shares via RSU Vesting

CleanSpark Director Larry McNeill acquired 7,353 shares of common stock through the vesting of Restricted Stock Units, increasing his direct beneficial ownership.

Summary

• Larry McNeill, a Director of CleanSpark, Inc. (CLSK), acquired 7,353 shares of common stock.
• The acquisition occurred on December 31, 2025, and was a result of the vesting of Restricted Stock Units (RSUs).
• The shares were acquired at a price of $0, typical for RSU vesting.
• Following this transaction, Mr. McNeill directly beneficially owns 296,120 shares of Common Stock and 500,000 shares of Series A Preferred.
• An additional 7,353 Restricted Stock Units remain outstanding, scheduled to vest on March 31, 2026.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as a director increasing their stake, even through RSU vesting, generally indicates continued alignment with shareholder interests. It's a routine compensation event, not a direct purchase, hence not strongly positive.

Positives

• Director Larry McNeill increased his direct beneficial ownership in CleanSpark, aligning his interests further with shareholders.
• The acquisition was a scheduled vesting event, indicating a planned increase in insider holdings.

Future Outlook

The remaining 7,353 Restricted Stock Units held by Director Larry McNeill are scheduled to vest on March 31, 2026, which will further increase his common stock holdings at that time.

Industry Context

This filing represents a routine insider transaction related to executive compensation, common across all industries for publicly traded companies. It does not provide specific insights into CleanSpark's operational performance or broader industry trends, but rather details a change in a director's equity holdings.

Stakeholder Impact

• Shareholders: Increased director ownership may be viewed positively as it aligns management interests with shareholder value.
• Employees: No direct impact mentioned.

Next Steps

• The remaining 7,353 Restricted Stock Units are expected to vest on March 31, 2026.

Key Dates

Keywords

CleanSpark, CLSK, Larry McNeill, Director, Insider Transaction, Form 4, Restricted Stock Units, RSU Vesting, Beneficial Ownership, Common Stock