CLSKW Form 144 Notice: 632-Share RSU Sale Reported
Rhea-AI Filing Summary
Form 144 filing for CleanSpark, Inc. (CLSKW) documents a proposed sale of 632 shares of Common Stock by a named person, with an aggregate market value of $6,044.70 and an approximate sale date of 08/14/2025. The filing states these shares were acquired on 08/13/2025 as vested restricted stock units under an equity incentive plan from CleanSpark, Inc.
The filer also reported a prior sale of 632 shares on 05/15/2025 generating gross proceeds of $5,818. The notice includes the standard representation that the seller is not aware of any undisclosed material adverse information about the issuer.
Positive
- Compliance with Rule 144: The filer submitted the required notice for proposed resale, demonstrating regulatory transparency
- Securities acquired via RSU vesting: The 632 shares were received under an equity incentive plan on 08/13/2025, showing compensation-related origin
- Immaterial size: 632 shares versus 282,724,862 outstanding indicates the proposed sale is negligible to market capitalization
Negative
- None.
Insights
TL;DR: Routine small Rule 144 sale of vested RSUs; transaction size is negligible relative to outstanding shares.
The filing shows a proposed sale of 632 shares acquired via RSU vesting one day prior to the proposed sale date, indicating immediate post-vesting disposition. Given the issuer's reported outstanding share count of 282,724,862, this amount is immaterial to capitalization and liquidity. The prior sale on 05/15/2025 for the same quantity suggests intermittent small disposals rather than a large insider exit. Compliance with Rule 144 notice requirements and the seller's attestation to lack of undisclosed material information are standard and reduce procedural risk.
TL;DR: Disclosure meets Rule 144 reporting norms; no governance red flags evident from the data provided.
The document identifies the shares as resulting from an equity incentive plan and notes the seller's statutory representation about material information. There is no indication of unusual timing relative to corporate events or of concentrated insider selling. Absent additional context about the filer’s role or any related-party relationships, the filing appears routine and compliant with disclosure expectations.