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.

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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.

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many Cleanspark (CLSK) shares does the director hold after these Form 4 transactions?

Following the reported transactions, the director holds 56,127 Cleanspark common shares directly. In addition, 60,196 shares are held indirectly through his spouse, providing a combined view of his direct and family-related ownership reported in this filing.

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.

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Accepted by SEC EDGAR 04/02/2026 - 09:01 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wood Thomas Leigh

(Last)

(First)

(Middle)

10624 S. EASTERN AVE.

SUITE A-638

(Street)

HENDERSON

NEVADA

89052

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CLEANSPARK, INC. [ CLSK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								48,774	D
Common Stock	03/31/2026		M		7,353	A	$0	56,127	D
Common Stock								60,196	I	By Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	$0							⁽¹⁾	⁽¹⁾	Common Stock	7,353		7,353	D
Restricted Stock Units	$0	03/31/2026		M			7,353	03/31/2026	⁽¹⁾	Common Stock	7,353	$0	0	D
Restricted Stock Units	$0	03/09/2026		A		31,220		⁽²⁾	⁽²⁾	Common Stock	31,220	$0	31,220	D

Explanation of Responses:

1. These RSUs vested on March 31, 2026.

2. These RSUs vest in equal quarterly installments on June 30, 2026, September 30, 2026, December 31, 2026, and March 31, 2027.

	/s/ Thomas L. Wood	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR