[144] CleanSpark, Inc. Warrant SEC Filing

Rhea-AI Filing Summary

Form 144 notice for CleanSpark, Inc. (CLSKW) shows a proposed sale of 190,190 shares of Common Stock with an aggregate market value of $1,744,042.30, intended to be sold on 09/10/2025 on NASDAQ. The shares were acquired on 09/09/2025 by vesting of RSUs from CleanSpark, Inc., and 432,250 RSU units vested on that date. The filer previously sold 9,010 shares on 08/14/2025 for gross proceeds of $86,175.24. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information and carries the required signature attestation.

Positive

• Clear compliance with Rule 144 disclosure requirements including acquisition date, nature of acquisition, and planned sale date
• Attestation present that the seller is not aware of undisclosed material adverse information, supporting transparency

Negative

• Insider liquidity event: proposed sale of 190,190 shares (aggregate value $1,744,042.30) could be viewed unfavorably by some investors
• Limited context: filing contains no operational, financial, or forward-looking information to assess company impact

Insights

Securities Analyst

TL;DR: Routine insider sale notice for recently vested RSUs; disclosure ensures compliance but is likely not material to shareholders.

The filing documents a proposed sale of 190,190 shares arising from RSU vesting the day before, with an indicated market value of $1.74 million and an intended sale date of 09/10/2025 on NASDAQ. A prior small sale of 9,010 shares occurred on 08/14/2025 for $86,175.24. The disclosure appears procedural and consistent with Rule 144 requirements: it provides acquisition date, nature of acquisition (vesting), and recent sales. Given the issuer's total outstanding shares listed as 282,724,862, the proposed sale represents a relatively small fraction of the float. No earnings or operational data are provided to indicate any broader company impact.

Corporate Governance Expert

TL;DR: Filing meets Rule 144 disclosure norms; confirms insider liquidity event but includes no adverse information.

The notice confirms the seller's attestation regarding absence of undisclosed material adverse information and documents that the shares resulted from RSU vesting. It also records a recent smaller sale in August. This is a standard governance disclosure that supports market transparency. There is no indication of material governance events, executive departures, or regulatory concerns within the filing text.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Siebert Financial Corp. 535 Fifth Avenue, 4th Floor New York NY 10017	190190	1744042.30	282724862	09/10/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	09/09/2025	Vesting of RSUs	CleanSpark, Inc.			432250	09/09/2025	N/A - Vesting of RSUs

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
S. Matthew Schultz 10624 S. Eastern Ave. Suite A-638 Henderson NV 89052	Common Stock	08/14/2025	9010	86175.24

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for CleanSpark (CLSKW) disclose?

It discloses a proposed sale of 190,190 Common Stock shares (aggregate value $1,744,042.30) to be sold on 09/10/2025 on NASDAQ, acquired via RSU vesting on 09/09/2025.

How many shares vested and when were they acquired?

432,250 RSU units vested and the associated shares were acquired on 09/09/2025 via vesting of RSUs from CleanSpark, Inc.

Has the filer sold any CleanSpark shares recently?

Yes. The filer sold 9,010 shares on 08/14/2025 for gross proceeds of $86,175.24.

On which exchange will the proposed sale occur?

The filing indicates NASDAQ as the named securities exchange for the proposed sale on 09/10/2025.

Does the filing state any undisclosed material adverse information?

No. The filer signs an attestation representing that they do not know of any undisclosed material adverse information about the issuer.