CLSKW Rule 144 Notice: 1,192 Shares via RSU Vesting Listed with Siebert
Rhea-AI Filing Summary
Form 144 filed for CleanSpark, Inc. (symbol CLSKW) reporting a proposed sale of 1,192 shares of common stock through Siebert Financial Corp. on NASDAQ with an aggregate market value of $11,400.76. The filing shows the 1,192 shares were acquired on 08/13/2025 by vesting of RSUs from CleanSpark, Inc., and lists an approximate sale date of 08/14/2025. The issuer's total shares outstanding are shown as 282,724,862, indicating the proposed sale is a very small fraction of outstanding stock. The filing also discloses a prior sale by the same person, Scott Eugene Garrison, of 1,198 shares on 05/15/2025 for gross proceeds of $11,029. The filer certifies no undisclosed material adverse information and includes standard Rule 144 representations.
Positive
- Full disclosure of transaction details: acquisition date, nature (vesting of RSUs), broker and proposed sale date are provided
- Small size relative to outstanding shares: 1,192 shares vs 282,724,862 outstanding, suggesting immaterial market impact
Negative
- Prior recent sale by same person: 1,198 shares sold on 05/15/2025 for $11,029 could prompt investor questions about insider selling activity
Insights
TL;DR: Routine Rule 144 notice for a small insider/participant sale; immaterial to capitalization.
The filing documents a proposed disposition of 1,192 common shares acquired via RSU vesting and lists a broker, market value, and an approximate sale date. Relative to the issuer's stated 282,724,862 shares outstanding, the position is immaterial and unlikely to affect market supply or valuation. The recent prior sale of 1,198 shares for $11,029 is consistent in scale. This is a standard compliance disclosure under Rule 144 rather than a corporate action with material financial impact.
TL;DR: Disclosure aligns with insider-sale reporting norms; includes required representations.
The form includes required details: acquisition source (vesting of RSUs), broker name and address, share counts, and a seller signature representation regarding undisclosed material information. These elements satisfy Rule 144 notice norms. No governance red flags or extraordinary transactions are presented; the filing functions as routine transparency about equity compensation-related sales.