Form 4: Cleanspark Director Roger Beynon Sells 50,000 Shares
SEC Form 4 Filing
Director Roger Paul Beynon sold 50,000 shares of Cleanspark, Inc. (CLSK) common stock at an average price of $10.5057 on May 21, 2025.
Summary
- On May 21, 2025, Roger Paul Beynon, a director of Cleanspark, Inc. (CLSK), sold 50,000 shares of common stock.
- The sale was executed at a weighted average price of $10.5057 per share, with individual sales prices ranging from $10.3979 to $10.5501.
- Following the transaction, Beynon directly owns 125,511 shares of Cleanspark.
- This total includes 34,130 Restricted Stock Units (RSUs) granted on October 2, 2024, which vest in equal quarterly installments.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. The sale itself doesn't necessarily indicate a positive or negative outlook, but the market may interpret it as such.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company insiders, allowing investors to monitor potential shifts in sentiment or alignment of interests.
Stakeholder Impact
- Shareholders may react to the insider sale, potentially influencing the stock price.
Key Dates
| Date | Description |
|---|---|
| October 2, 2024 | Grant date of 34,130 RSUs. |
| February 13, 2025 | First vesting date for RSUs. |
| May 13, 2025 | Second vesting date for RSUs. |
| May 21, 2025 | Date of the stock sale transaction. |
| August 13, 2025 | Third vesting date for RSUs. |
| December 3, 2025 | Fourth vesting date for RSUs. |
Keywords
Cleanspark, CLSK, insider trading, Form 4, Roger Beynon, stock sale, director, RSUs
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