CLSK.NASDAQCleanspark, INC

Form 4: CleanSpark Director Thomas Leigh Wood Sells Shares

Sentiment:

SEC Form 4 Filing


Director Thomas Leigh Wood sold 44,444 shares of CleanSpark, Inc. (CLSK) at an average price of $8.04 on March 24, 2025.

Summary

  • On March 24, 2025, Thomas Leigh Wood, a director of CleanSpark, Inc., sold 44,444 shares of common stock.
  • The sale was executed at a weighted average price of $8.04 per share.
  • Following the transaction, Wood directly owns 126,736 shares and indirectly owns 60,196 shares through a spouse.
  • The directly owned amount includes 34,130 RSUs granted on October 2, 2024, vesting quarterly.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a routine disclosure of stock sale by a director. The sale itself doesn't necessarily indicate a positive or negative outlook.

Industry Context

This is a standard SEC Form 4 filing, indicating a change in beneficial ownership by a company insider. Such filings are common and provide transparency into the trading activities of company executives and directors.

Stakeholder Impact

  • The sale of shares by a director could be perceived negatively by some shareholders, but it's a common occurrence and doesn't necessarily reflect the company's performance.

Key Dates

DateDescription
October 2, 2024Grant date of 34,130 RSUs vesting quarterly
February 13, 2025First vesting date of RSUs
March 24, 2025Date of stock sale
May 13, 2025Second vesting date of RSUs
August 13, 2025Third vesting date of RSUs
December 3, 2025Fourth vesting date of RSUs

Keywords

CleanSpark, CLSK, Form 4, Insider Trading, Thomas Leigh Wood, Stock Sale, Director

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