Cleanspark (CLSK) EVP logs RSU vesting and tax-related stock disposals

Rhea-AI Filing Summary

CLEANSPARK, INC. executive Scott Eugene Garrison, EVP and Chief Development Officer, reported a mix of equity awards vesting and related share disposals. On February 13, 2026, he acquired 45,125 and 2,677 shares of common stock through the exercise of restricted stock units at $0.00 per share. On February 18, 2026, he disposed of 20,099 and 1,192 common shares to satisfy tax obligations by delivering shares at weighted average prices of $9.2534 and $9.2332 per share, respectively. Following these transactions, he continued to hold a substantial number of CLEANSPARK common shares directly, as well as various option and RSU positions that vest over future dates.

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

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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^*

Garrison Scott Eugene

(Last) (First) (Middle)

10624 S. EASTERN AVE.

SUITE A-638

(Street)

HENDERSON NV 89052

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Development Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock								172,912	D
Common Stock	02/13/2026		M		2,677	A	$0	175,589	D
Common Stock	02/13/2026		M		45,125	A	$0	220,714	D
Common Stock	02/18/2026		F		20,099	D	$9.2534(1)	200,615	D
Common Stock	02/18/2026		F		1,192	D	$9.2332(2)	199,423	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Options (Right to Buy)	$6							(3)	07/06/2033	Common Stock	20,139		20,139	D
Employee Stock Options (Right to Buy)	$15.69							(4)	05/14/2031	Common Stock	45,000		45,000	D
Restricted Stock Units	$0							(5)	(5)	Common Stock	33,350		33,350	D
Restricted Stock Units	$0							(6)	(6)	Common Stock	396,476		396,476	D
Restricted Stock Units	$0							(7)	(7)	Common Stock	270,750		270,750	D
Restricted Stock Units	$0	02/13/2026		M			45,125	02/13/2026	(7)	Common Stock	45,125	$0	225,625	D
Restricted Stock Units	$0							(6)	(6)	Common Stock	361,000		361,000	D
Restricted Stock Units	$0							(8)	(8)	Common Stock	21,414		21,414	D
Restricted Stock Units	$0	02/13/2026		M			2,677	02/13/2026	(8)	Common Stock	2,677	$0	18,737	D

Explanation of Responses:

1. 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.

2. 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.

3. These Options were granted on July 7, 2023 and vest in equal monthly installments over 36 months.

4. These Options were granted on May 14, 2021 and vested in equal monthly installments over 36 months.

5. These RSUs will vest on September 30, 2026.

6. These RSUs vest in equal annual installments over three years on September 4, 2026, September 4, 2027, and September 4, 2028.

7. 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.

8. 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.

	/s/ Scott E. Garrison	02/18/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transactions did CLEANSPARK (CLSK) EVP Scott Garrison report?

Scott Garrison reported RSU-based acquisitions of CLEANSPARK common stock and related share disposals for tax withholding. He exercised restricted stock units into 47,802 shares on February 13, 2026, and later delivered 21,291 shares on February 18, 2026 to cover tax liabilities.

Were the CLEANSPARK (CLSK) insider share disposals open-market sales?

The reported disposals used transaction code F, indicating payment of tax liability by delivering securities. Shares were delivered at weighted average prices around $9.25 per share, reflecting sales used to satisfy tax obligations tied to equity awards rather than discretionary open-market selling.

What prices were involved in Scott Garrison’s CLEANSPARK (CLSK) share disposals?

The filing shows weighted average prices of $9.2534 and $9.2332 per share for the tax-withholding share deliveries. Footnotes state these averages reflect multiple sales between $9.09 and $9.41 per share on February 18, 2026.

How many CLEANSPARK (CLSK) shares did Scott Garrison acquire from RSUs?

On February 13, 2026, Scott Garrison acquired 45,125 and 2,677 shares of CLEANSPARK common stock by exercising restricted stock units at $0.00 per share. These conversions reflect equity compensation vesting rather than open-market purchases.

What equity awards does CLEANSPARK (CLSK) EVP Scott Garrison still hold?

The filing indicates ongoing holdings of CLEANSPARK common stock, employee stock options, and multiple restricted stock unit grants. Footnotes describe option grants vesting monthly over 36 months and RSUs vesting through dates in 2026, 2027, and 2028, supporting long-term incentive alignment.

Do the CLEANSPARK (CLSK) insider transactions signal a change in ownership stake?

The reported activity reflects routine equity compensation events: RSU conversions into common stock and share deliveries to cover tax obligations. Garrison continues to hold substantial CLEANSPARK equity, including common shares and unvested RSUs scheduled to vest through 2028.