[144] CleanSpark, Inc. Warrant SEC Filing

Rhea-AI Filing Summary

CleanSpark insider sales notice shows an authorized proposed sale of 363,900 shares of common stock through J.P. Morgan Securities with an aggregate market value of $3,518,913, planned approximately on 09/10/2025 on NASDAQ. The shares were acquired by the filer via RSU vesting on 02/23/2024 and 02/27/2024 (181,950 shares each) and labeled as compensation. The filing also discloses a prior sale by the same person on 08/13/2025 of 622,521 shares for gross proceeds of $6,185,120. Outstanding shares are listed as 281,083,382.

Positive

• Full disclosure of acquisition dates, nature of acquisition (RSU vesting), broker, and aggregate market value
• Compliance with Rule 144 including prior three-month sales disclosure and insider certification of no undisclosed material information

Negative

• Insider selling activity: proposed sale of 363,900 shares and a recent sale of 622,521 shares could be interpreted as insider monetization
• Concentration of sales over a short period: prior sale plus proposed sale total meaningful insider dispositions in 2025

Insights

Securities Analyst

TL;DR: Routine insider sale of vested RSUs; size is modest relative to float and follows a recent larger disposition.

The filing documents a planned block sale of 363,900 shares valued at $3.52M, sourced from RSU vesting earlier in 2024 and to be executed via a broker on NASDAQ. A prior disposition of 622,521 shares on 08/13/2025 generated $6.19M in proceeds. Relative to the company’s stated 281.08M outstanding shares, the proposed sale represents a small fraction of the outstanding shares. This is a compliance disclosure under Rule 144 documenting an insider monetizing vested compensation rather than a company action affecting operations.

Corporate Governance Expert

TL;DR: Disclosure is complete for Rule 144 purposes; no material undisclosed information asserted by filer.

The filer certifies absence of undisclosed material adverse information and provides acquisition dates, nature of acquisition (RSU vesting), and prior sales within three months. The notice names the broker and includes planned sale date and market value, meeting standard disclosure expectations. This filing documents insider liquidity activity and adherence to public reporting requirements but does not indicate corporate governance changes or operational developments.

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

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	J.P. Morgan Securities LLC 390 Madison Avenue - 6th Floor New York NY 10017	363900	3518913	281083382	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	02/23/2024	RSU Vesting	Issuer			181950	02/23/2024	Compensation
Common Stock	02/27/2024	RSU Vesting	Issuer			181950	02/27/2024	Compensation

* 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
Zachary Bradford C/o CleanSpark, Inc. 10624 S. Eastern Avenue, Suite A-638 Henderson NV 89052	Common Stock	08/13/2025	622521	6185120

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 filed for CLSKW disclose?

It discloses a proposed sale of 363,900 shares via J.P. Morgan with aggregate market value of $3,518,913, planned on 09/10/2025 on NASDAQ.

How were the shares being sold acquired?

They were acquired by RSU vesting on 02/23/2024 and 02/27/2024, labeled as compensation totaling 363,900 shares.

Has the filer sold other CleanSpark shares recently?

Yes. The filer sold 622,521 shares on 08/13/2025 for gross proceeds of $6,185,120.

What portion of the company does the proposed sale represent?

The filing lists 281,083,382 shares outstanding; the proposed sale of 363,900 shares represents a small fraction of that total.

Who is the broker handling the proposed sale?

J.P. Morgan Securities LLC located at 390 Madison Avenue, New York, NY is listed as the broker.