CleanSpark officer intends to sell 297,616 shares
An officer of CleanSpark, Inc. filed a Rule 144 notice to sell 297,616 shares from RSU vesting under a pre-arranged 10b5-1 trading plan.
Rhea-AI Filing Summary
CLEANSPARK, INC. (CLSK) received a notice that officer Scott Eugene Garrison intends to sell common stock under Rule 144. The planned sale covers 297,616 shares of common stock related to a vesting of RSUs on September 4, 2026, to be effected pursuant to a Rule 10b5-1(c) trading plan adopted on May 13, 2026. The notice also reports a prior sale of 1,192 shares of common stock on August 14, 2026.
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Key Figures
Planned shares to be sold: 297,616 shares
Prior 3-month sale volume: 1,192 shares
Proceeds from prior sale: $13,720
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6 metrics
Planned shares to be sold
297,616 shares
Common stock tied to vesting of RSUs on September 4, 2026, under Rule 144
Prior 3-month sale volume
1,192 shares
Common stock sold on August 14, 2026
Proceeds from prior sale
$13,720
Aggregate proceeds from 1,192 shares of common stock sold on August 14, 2026
Date of RSU vesting and planned sale
September 4, 2026
Date tied to 297,616 shares of common stock to be sold
10b5-1 plan adoption date
May 13, 2026
Adoption date of Rule 10b5-1(c) trading plan governing the planned sale
Date of notice
September 4, 2026
Date on which the Rule 144 notice was filed
Key Terms
Rule 144, Rule 10b5-1(c) plan, vesting of RSUs, restricted stock units
4 terms
Rule 144 regulatory
"144: Filer Information"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Rule 10b5-1(c) plan regulatory
"This transaction will be made pursuant to a Rule 10b5-1(c) plan"
vesting of RSUs financial
"Common Stock | 09/04/2026 | Vesting of RSUs | CleanSpark, Inc."
restricted stock units financial
"Vesting of RSUs"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
FAQ
What does the Form 144 filing disclose for CleanSpark, Inc. (CLSK)?
The filing states that officer Scott Eugene Garrison intends to sell 297,616 shares of CleanSpark common stock in connection with a vesting of RSUs on September 4, 2026, with the transaction to be carried out under Rule 144.
What prior sales of CleanSpark (CLSK) stock does the Form 144 report?
The filing reports that 1,192 shares of CleanSpark common stock were sold on August 14, 2026, for aggregate proceeds of $13,720 during the prior three months.
Is the planned CleanSpark (CLSK) stock sale tied to RSU vesting?
Yes. The filing describes the securities to be sold as CleanSpark common stock to be delivered upon vesting of RSUs, with the vesting and related sale date noted as September 4, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.