CLEANSPARK CEO reports equity awards, share disposals
Rhea-AI Filing Summary
CLEANSPARK, INC. CEO and Chairman Matthew S. Schultz reported a mix of equity awards vesting and related share dispositions. On February 13, 2026, he acquired 236,650 shares of common stock through the conversion of restricted stock units and options at a price of $0.00 per share, increasing his direct common stock holdings.
On February 18, 2026, he disposed of 95,095 and 9,031 common shares, respectively, as tax-withholding dispositions at weighted average prices of about $9.25 and $9.23 per share. After these transactions, he directly held 2,455,145 common shares, along with outstanding stock options and multiple tranches of unvested restricted stock units scheduled to vest between 2026 and 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
236,650 shares exercised/converted
Exercise
15 txns
Insider
Schultz S. Matthew
Role
CEO & Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 95,095 | $9.2534 | $880K |
| Exercise Price or Tax Liability | Common Stock | 9,031 | $9.2332 | $83K |
| Exercise | Restricted Stock Units | 216,125 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 20,525 | $0.00 | $0.00 |
| Exercise | Common Stock | 20,525 | $0.00 | $0.00 |
| Exercise | Common Stock | 216,125 | $0.00 | $0.00 |
| holding | Employee Stock Options (Right to Buy) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Series A Preferred | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 5,041,999 contracts for 3,817,701 underlying shares (Direct);
Common Stock — 4,777,766 shares (Direct);
Employee Stock Options (Right to Buy) — 400,000 contracts (Direct);
Common Stock — 480,000 shares (Indirect, By S M Schultz Irrevocable Trust);
Common Stock — 40,996 shares (Indirect, By Spouse);
Series A Preferred — 500,000 shares (Direct)
Footnotes (6)
- F1. This is a weighted average of prices for sales made on February 18, 2026, ranging from $9.0901 to $9.4101. Upon request, the Reporting Person will provide to the SEC, the Issuer, or any security holder of the Issuer full information regarding the number of shares sold at each separate price.
- F2. This is a weighted average of prices for sales made on February 18, 2026, ranging from $9.2274 to $9.2700. Upon request, the Reporting Person will provide to the SEC, the Issuer, or any security holder of the Issuer full information regarding the number of shares sold at each separate price.
- F3. These Options were granted on April 16, 2021 and vested in equal monthly installments over 36 months.
- F4. These RSUs vest in equal annual installments over three years on September 4, 2026, September 4, 2027, and September 4, 2028.
- F5. These RSUs vest in equal semiannual installments over three years on February 13, 2026, September 4, 2026, February 13, 2027, September 4, 2027, February 13, 2028, and September 4, 2028.
- F6. These RSUs vest in equal quarterly installments on February 13, 2026, May 13, 2026, August 13, 2026, December 3, 2026, February 12, 2027, May 13, 2027, August 13, 2027, and December 3, 2027.
FAQ
What insider transactions did CLEANSPARK (CLSK) CEO Matthew Schultz report?
Matthew Schultz reported equity award activity and related share dispositions. He acquired 236,650 common shares on February 13, 2026 through option and RSU conversions, then disposed of 104,126 shares on February 18, 2026 to satisfy tax obligations via tax-withholding transactions.
At what prices were Matthew Schultz’s CLEANSPARK (CLSK) tax-withholding dispositions executed?
The reported tax-withholding dispositions used weighted average prices of $9.2534 and $9.2332 per CLEANSPARK share. Footnotes state these averages reflect multiple trades within ranges between roughly $9.09 and $9.41, and detailed price breakdowns are available upon request.
What equity awards and options does CLEANSPARK (CLSK) CEO Matthew Schultz hold?
Schultz reported 400,000 employee stock options and multiple restricted stock unit positions, including blocks such as 1,296,750 and 1,729,000 RSUs. Footnotes indicate these RSUs vest in scheduled installments between February 13, 2026 and September 4, 2028, subject to their terms.
How do the February 13, 2026 RSU and option conversions affect CLEANSPARK (CLSK) CEO ownership?
On February 13, 2026, RSU and option conversions delivered 236,650 new CLEANSPARK common shares to Schultz at a stated price of $0.00 per share. These transactions increased his direct stock ownership while leaving related derivative holdings, such as remaining RSUs and options, still outstanding.
AI-generated analysis. How Rhea-AI works. Not financial advice.
