CleanSpark director exercises 7,805 RSUs
CLEANSPARK director Thomas Leigh Wood exercised 7,805 RSUs into common stock and retains 31,220 RSU underlying shares vesting through March 2027.
Rhea-AI Filing Summary
CLEANSPARK, INC. (CLSK) director Thomas Leigh Wood reported an exercise of 7,805 Restricted Stock Units into 7,805 shares of Common Stock on June 30, 2026, at an exercise price of $0.00 per share. The transactions were not reported under a Rule 10b5-1 trading plan.
After this activity, Wood is shown with derivative holdings of Restricted Stock Units representing 31,220 underlying shares of Common Stock that vest in equal quarterly installments on June 30, 2026, September 30, 2026, December 31, 2026, and March 31, 2027. The filing also reports 60,196 shares of Common Stock held indirectly by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,805 shares exercised/converted
Exercise
5 txns
Insider
Wood Thomas Leigh
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1 | 7,805 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,805 | $0.00 | $0.00 |
| holding | Restricted Stock Units F1 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 54,635 contracts for 31,220 underlying shares (Direct);
Common Stock — 120,059 shares (Direct);
Common Stock — 60,196 shares (Indirect, By Spouse)
Footnotes (1)
- F1. These RSUs vest in equal quarterly installments on June 30, 2026, September 30, 2026, December 31, 2026, and March 31, 2027.
Key Figures
RSUs exercised: 7,805 units
Common Stock acquired: 7,805 shares
Exercise price: $0.00 per share
+2 more
5 metrics
RSUs exercised
7,805 units
Restricted Stock Units converted into Common Stock on June 30, 2026
Common Stock acquired
7,805 shares
Shares received from RSU conversion on June 30, 2026
Exercise price
$0.00 per share
RSU conversion into Common Stock on June 30, 2026
Remaining RSU underlying shares
31,220 shares
Restricted Stock Units outstanding after transactions, vesting through March 31, 2027
Indirect Common Stock holdings
60,196 shares
Shares of Common Stock held indirectly by spouse as of June 30, 2026
Key Terms
Restricted Stock Units, derivative security, Rule 10b5-1, indirect ownership
4 terms
Restricted Stock Units financial
"The filing reports an exercise of 7,805 Restricted Stock Units into Common Stock"
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
"Described as an exercise or conversion of derivative security on June 30, 2026"
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.
Rule 10b5-1 regulatory
"The transactions were not reported under a Rule 10b5-1 trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
indirect ownership financial
"Common Stock reported as held indirectly with nature of ownership "By Spouse""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CLEANSPARK (CLSK) director Thomas Leigh Wood report?
He reported exercising 7,805 Restricted Stock Units into 7,805 shares of Common Stock on June 30, 2026, at an exercise price of $0.00 per share, reflecting a compensation-related conversion rather than an open-market trade.
Were Thomas Leigh Wood’s CLSK transactions made under a Rule 10b5-1 plan?
No. The filing indicates no Rule 10b5-1 trading plan for these transactions, meaning the reported RSU exercise and share acquisition are not designated as pre-arranged under such a plan.
How many Restricted Stock Units does Thomas Leigh Wood still hold in CLEANSPARK (CLSK)?
He is reported as holding Restricted Stock Units representing 31,220 underlying shares of CLEANSPARK Common Stock, which vest in equal quarterly installments from June 30, 2026 through March 31, 2027.
What indirect CLEANSPARK (CLSK) holdings are reported for Thomas Leigh Wood?
The filing reports 60,196 shares of CLEANSPARK Common Stock held indirectly "By Spouse" as of June 30, 2026, indicating those shares are attributed through his spouse rather than held directly.
Does this CLEANSPARK (CLSK) Form 4 show a net insider buy or sell by Thomas Leigh Wood?
The Form 4 shows a conversion of 7,805 RSUs into an equal number of Common shares, with corresponding derivative disposition and share acquisition, resulting in a neutral net buy/sell position for the reported transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
