CleanSpark Insider Filing: 33,350 RSUs Vest; 120,337 Shares Withheld
Rhea-AI Filing Summary
Taylor Monnig, CTO and COO of CleanSpark, Inc. (CLSK), reported several equity transactions on 09/30/2025. The filing shows 33,350 restricted stock units (RSUs) were acquired on a vesting event and recorded as an acquisition at $0 per share, while 120,337 common shares were withheld to cover the reporting person’s tax liability related to RSU vesting (the filing states no sale occurred regarding the withholding). The report also lists dispositions of 13,123 shares and multiple outstanding equity awards: two employee stock option grants (15,000 shares exercisable at $5.98 and 25,000 shares exercisable at $6.00) and several RSU grants with varying vesting schedules and amounts, including large outstanding RSU balances (for example, 396,476, 361,000, and 270,750 RSUs). The form is a Form 4 documenting changes in beneficial ownership by an officer.
Positive
- 33,350 RSUs vested on 09/30/2025 and were recorded as acquired at $0 per share
- Detailed vesting schedules are disclosed for multiple RSU grants, improving transparency about future insider holdings
- Outstanding option grants total 40,000 underlying shares (15,000 at $5.98; 25,000 at $6.00), showing continued long-term incentive alignment
Negative
- 120,337 shares were withheld to cover tax liabilities related to RSU vesting, reducing net shares held by the reporting person
- 13,123 shares were reported disposed on 09/30/2025 (transaction code F), indicating a decrease in direct holdings
Insights
TL;DR: Officer reported RSU vesting and tax-withholding; meaningful unvested RSU and option holdings remain.
The Form 4 documents a vesting event on 09/30/2025 where 33,350 RSUs vested and were recorded as acquired at $0, while 120,337 shares were withheld to satisfy tax obligations—explicitly noted as not a sale. The reporting person retains multiple option grants totaling 40,000 underlying shares and substantial RSU balances (several awards in the hundreds of thousands of shares). From an investor disclosures perspective, this is a routine officer equity activity: it increases reported acquired shares due to vesting while reflecting tax-related share withholding. No cash sale proceeds or external transfers are disclosed.
TL;DR: The filing is a routine insider vesting/withholding report with detailed future vesting schedules disclosed.
The Form 4 identifies Taylor Monnig as an officer (CTO, COO) and provides explicit vesting schedules for multiple RSU grants and the grant dates/vesting cadence for two option awards. The filing clarifies timing for remaining vesting (for example, remaining RSUs vest on specified dates through 2028) which improves transparency on future potential dilution and insider alignment. The document contains no allegations, transactions with third parties, or deviations from standard equity award practices; it is a standard compliance filing under Section 16.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 33,350 | $0.00 | -- |
| Exercise | Common Stock | 33,350 | $0.00 | -- |
| Tax Withholding | Common Stock | 13,123 | $0.00 | -- |
| holding | Employee Stock Options (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Options (Right to Buy) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- These shares were withheld to cover the Reporting Person's tax liability on an RSU vesting. No sale occurred. These Options were granted on August 10, 2022 and vest in equal annual installments over three years. These Options were granted on July 7, 2023 and vest in equal monthly installments over 36 months. These RSUs vested 50% on September 30, 2025, and the remaining 50% will vest on September 30, 2026. These RSUs vest in equal quarterly installments on December 3, 2025, 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. These RSUs vest in equal annual installments over three years on September 4, 2026, September 4, 2027, and September 4, 2028. These RSUs vested 25% on September 9, 2025; the remaining 75% vests 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.
