Form 4: CleanSpark Director Thomas Leigh Wood Sells Shares
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
| Date | Description |
|---|---|
| October 2, 2024 | Grant date of 34,130 RSUs vesting quarterly |
| February 13, 2025 | First vesting date of RSUs |
| March 24, 2025 | Date of stock sale |
| 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, Thomas Leigh Wood, Stock Sale, Director
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