Cleanspark director exercises 7,353 RSUs into shares
CLEANSPARK, INC. director Larry McNeill reported equity compensation activity involving restricted stock units (RSUs) and common stock.
Rhea-AI Filing Summary
CLEANSPARK, INC. director Larry McNeill reported equity compensation activity involving restricted stock units (RSUs) and common stock. On March 9, 2026, he received a grant of 31,220 RSUs, each representing one share of common stock, with vesting in equal quarterly installments through March 31, 2027.
On March 31, 2026, 7,353 RSUs vested and were exercised into 7,353 shares of common stock at an exercise price of $0.00 per share. After these transactions, he directly holds 303,473 shares of common stock, 7,353 RSUs and 500,000 shares of Series A Preferred, all reported as direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,353 shares exercised/converted
Exercise
6 txns
Insider
McNeill Larry
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 | Series A Preferred | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 38,573 contracts for 7,353 underlying shares (Direct);
Common Stock — 599,593 shares (Direct);
Series A Preferred — 500,000 shares (Direct)
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
RSU grant: 31,220 RSUs
RSUs vested and exercised: 7,353 RSUs / 7,353 shares
Common shares held: 303,473 shares
+3 more
6 metrics
RSU grant
31,220 RSUs
Granted March 9, 2026 to director Larry McNeill
RSUs vested and exercised
7,353 RSUs / 7,353 shares
Vested and converted on March 31, 2026 at $0.00
Common shares held
303,473 shares
Direct common stock holdings after March 31, 2026 transactions
Series A Preferred held
500,000 shares
Direct Series A Preferred holdings as reported
Outstanding RSUs position
7,353 RSUs
Remaining derivative position in RSUs reported as direct ownership
Exercise price
$0.00 per share
Conversion of 7,353 RSUs into common stock on March 31, 2026
Key Terms
Restricted Stock Units, Series A Preferred, Exercise or conversion of derivative security, Grant, award, or other acquisition
4 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
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.
Series A Preferred financial
"security_title: "Series A Preferred""
Series A preferred is an early round of equity that gives certain investors a special class of shares with priority rights over common shareholders, such as first claim on assets or dividends and often the option to convert into common stock later. Think of it like a VIP ticket at a concert that guarantees earlier entry and some extra perks; for investors it reduces risk, defines ownership stakes, and affects control and potential returns in future sales or public offerings.
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What equity award did CLEANSPARK (CLSK) director Larry McNeill receive?
Larry McNeill received a grant of 31,220 restricted stock units (RSUs) on March 9, 2026. Each RSU represents one share of common stock, providing additional equity-based compensation tied to future vesting dates through March 31, 2027.
How do Larry McNeill’s new RSUs in CLEANSPARK (CLSK) vest over time?
The 31,220 RSUs granted on March 9, 2026 vest in equal quarterly installments on June 30, 2026, September 30, 2026, December 31, 2026, and March 31, 2027, spreading the compensation over four scheduled vesting dates.
What RSUs vested and were converted to CLEANSPARK (CLSK) common stock?
On March 31, 2026, 7,353 RSUs vested and were exercised into 7,353 shares of CLEANSPARK common stock at an exercise price of $0.00 per share, increasing Larry McNeill’s directly held common stock position.
What preferred stock holdings does Larry McNeill report in CLEANSPARK (CLSK)?
Larry McNeill reports direct ownership of 500,000 shares of Series A Preferred stock in CLEANSPARK. This preferred position is disclosed separately from his common stock and RSU holdings within the same insider ownership report.
Does Larry McNeill still hold any unvested or outstanding RSUs in CLEANSPARK (CLSK)?
Yes. After the March 31, 2026 vesting and exercise, the filing shows an outstanding derivative position of 7,353 RSUs tied to CLEANSPARK common stock, in addition to the larger RSU grant scheduled to vest quarterly.
AI-generated analysis. How Rhea-AI works. Not financial advice.
