Cleanspark director receives 31,220 RSUs award
CLEANSPARK, INC. director Thomas Leigh Wood reported compensation-related equity activity, centered on restricted stock units (RSUs) that convert into common shares.
Rhea-AI Filing Summary
CLEANSPARK, INC. director Thomas Leigh Wood reported compensation-related equity activity, centered on restricted stock units (RSUs) that convert into common shares.
On March 9, 2026, he received 31,220 RSUs, each tied to one share of common stock. Footnotes state these RSUs vest in equal quarterly installments on June 30, 2026, September 30, 2026, December 31, 2026, and March 31, 2027. On March 31, 2026, 7,353 RSUs vested and were exercised at $0.00, delivering 7,353 common shares. After these transactions, he holds 56,127 common shares directly and 60,196 shares indirectly through his spouse, reflecting routine equity compensation and vesting rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,353 shares exercised/converted
Exercise
6 txns
Insider
Wood Thomas Leigh
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,353 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,353 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 31,220 | $0.00 | $0.00 |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 38,573 contracts for 7,353 underlying shares (Direct);
Common Stock — 104,901 shares (Direct);
Common Stock — 60,196 shares (Indirect, By Spouse)
Footnotes (2)
- F1. These RSUs vested on March 31, 2026.
- F2. These RSUs vest in equal quarterly installments on June 30, 2026, September 30, 2026, December 31, 2026, and March 31, 2027.
Key Figures
RSUs granted: 31,220 units
RSUs vested and exercised: 7,353 units
Exercise price: $0.00 per unit
+3 more
6 metrics
RSUs granted
31,220 units
Restricted Stock Units granted on March 9, 2026
RSUs vested and exercised
7,353 units
RSUs vested and converted to common stock on March 31, 2026
Exercise price
$0.00 per unit
RSU conversion into common stock on March 31, 2026
Direct common shares after
56,127 shares
Director’s direct Cleanspark common stock holdings after transactions
Indirect common shares (spouse)
60,196 shares
Shares held indirectly through spouse as of March 9, 2026
Derivative exercise count
1 transaction
Exercise of derivative security (RSUs) during this Form 4 period
Key Terms
Restricted Stock Units, derivative security, indirect ownership, vesting, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" and related footnotes"
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.
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
indirect ownership financial
"nature_of_ownership: "By Spouse" for indirect common stock holding"
vesting financial
"Footnote: "These RSUs vest in equal quarterly installments""
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transactions did Cleanspark (CLSK) director Thomas Leigh Wood report?
Director Thomas Leigh Wood reported equity compensation activity, including a grant of 31,220 restricted stock units and the vesting and conversion of 7,353 RSUs into common shares. These entries reflect compensation and vesting, not open-market buying or selling of Cleanspark stock.
How many restricted stock units were granted to the Cleanspark (CLSK) director?
On March 9, 2026, the director received 31,220 restricted stock units, each representing one share of Cleanspark common stock. This award is structured to vest over time, aligning director compensation with future company performance as the RSUs convert into shares when they vest.
When do the 31,220 Cleanspark (CLSK) RSUs granted to the director vest?
The 31,220 RSUs vest in equal quarterly installments on June 30, 2026, September 30, 2026, December 31, 2026, and March 31, 2027. This schedule gradually delivers common shares over four dates, tying the director’s compensation to Cleanspark’s ongoing service period.
What happened with the 7,353 Cleanspark (CLSK) RSUs on March 31, 2026?
On March 31, 2026, 7,353 restricted stock units vested and were exercised at $0.00 per unit, delivering 7,353 Cleanspark common shares. This reflects the scheduled settlement of previously granted RSUs rather than an open-market purchase transaction by the director.
Are the reported Cleanspark (CLSK) insider transactions open-market buys or routine compensation?
The reported activity is routine equity compensation, not open-market trading. It includes a grant of 31,220 restricted stock units and the vesting and settlement of 7,353 RSUs into common shares at a $0.00 exercise price, consistent with stock-based awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
