CLSKW Form 144 Reveals 9,010-Share Sale via Siebert Financial
Rhea-AI Filing Summary
Form 144 notice for CleanSpark, Inc. (CLSKW): The filer notified an intended sale of 9,010 shares of Common Stock through Siebert Financial Corp. on NASDAQ with an aggregate market value of $86,175.24 and the issuer's outstanding shares listed as 282,724,862. The filing records the securities were acquired by vesting of RSUs on 08/13/2025 from CleanSpark, Inc., with the filer indicating an approximate sale date of 08/14/2025. The document also discloses a prior sale by S. Matthew Schultz of 9,010 shares on 05/15/2025 for gross proceeds of $82,944. The notice includes the required representation that the seller is not aware of undisclosed material adverse information about the issuer.
Positive
- Complete transaction disclosure including broker, share count, aggregate market value, and exchange (NASDAQ).
- Prior sale disclosed (05/15/2025: 9,010 shares for $82,944), improving transparency about recent insider activity.
- Acquisition method stated (vesting of RSUs), which clarifies the source of the securities.
Negative
- Apparent date sequencing inconsistency: acquisition date listed as 08/13/2025 while a prior sale by the filer is recorded on 05/15/2025, which may reflect a clerical error.
- No filer identity/CIC/complete contact details provided in the visible tables, limiting traceability within the document excerpt.
Insights
Routine insider sale notice; provides standard transaction details but contains date sequencing to review.
The Form 144 discloses an intended sale of 9,010 CleanSpark common shares via a named broker with market value and outstanding share count. It also records a prior sale of the same quantity on 05/15/2025 for $82,944. The filing properly identifies acquisition as RSU vesting and includes the statutory representation regarding material nonpublic information. Investors should note the filing is a notification under Rule 144 rather than an earnings or corporate operational disclosure; its informational value is limited to transfer/sale mechanics and timing.
Disclosure meets Rule 144 mechanics; the filing flags a chronological inconsistency that may merit clerical review.
The document supplies broker details, share counts, estimated market value, and prior sale information, satisfying typical insider sale disclosure requirements. However, the acquisition date for the RSUs is shown as 08/13/2025 while a prior sale by the same individual is listed as 05/15/2025, which is an apparent sequencing inconsistency within the filing. This is a factual discrepancy in the form that should be clarified by the filer or broker to ensure record accuracy.