CleanSpark Insider Activity: Monnig Sells Shares, RSUs Vest (09/09/2025)
Rhea-AI Filing Summary
Taylor Monnig, CTO and COO of CleanSpark, Inc. (CLSK), filed a Form 4 reporting multiple stock and equity award transactions on 09/09/2025. The filing shows cash sales of common stock executed on September 9, 2025, with weighted average sale prices reported in the explanatory footnotes ranging from $9.1200 to $9.6540. The report also records acquisitions and vesting activity: 90,250 restricted stock units were reported as acquired at $0 and various restricted stock units and employee stock options remain beneficially owned, including option grants exercisable at $5.98 and $6.00. The Form is signed and dated 09/09/2025.
Positive
- Disclosure of RSU vesting: 90,250 restricted stock units reported as acquired at $0, with detailed vesting schedules provided.
- Outstanding employee stock options disclosed with exercise prices of $5.98 and $6.00, showing potential future alignment with management.
- Transparent sales pricing: weighted-average sale price ranges for on-market sales are disclosed and the filer offers to provide per-price sale counts on request.
Negative
- Insider cash sales executed on 09/09/2025 (weighted-average prices disclosed), indicating insider liquidity which may be viewed negatively by some investors.
- Net decrease in direct common stock holdings is reported through multiple dispositions on the filing date.
Insights
TL;DR: Insider executed cash sales and recorded significant RSU vesting; transactions are notable but appear routine for compensation and liquidity.
The filing documents multiple transactions on 09/09/2025. Material elements include weighted-average sale prices disclosed for shares sold that day and the reporting of 90,250 restricted stock units acquired at $0. Employee stock options with exercise prices of $5.98 and $6.00 remain outstanding, and several RSU tranches vest over 2025–2028. For investors, these items show insider liquidity and ongoing equity-based compensation but do not by themselves indicate operational changes.
TL;DR: Insider disclosures are comprehensive and include vesting schedules; filings comply with Rule 16 reporting norms.
The Form 4 identifies the reporting person as an officer (CTO, COO) and provides detailed vesting schedules for multiple RSU grants and option grants. The explanatory footnotes include weighted-average prices for on-market sales and offer to provide per-price sale counts upon request, which supports transparency. The submission is signed and dated, meeting formal SEC signature requirements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 90,250 | $0.00 | -- |
| Exercise | Common Stock | 90,250 | $0.00 | -- |
| Tax Withholding | Common Stock | 35,513 | $9.3508 | $332K |
| Sale | Common Stock | 63,713 | $9.12 | $581K |
| holding | Employee Stock Options (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Options (Right to Buy) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- This is a weighted average of prices for sales made on September 9, 2025, ranging from $9.1501 to $9.6540. Upon request, the Reporting Person will provide to the SEC, the Issuer, or any security holder of the Issuer full information regarding the number of shares sold at each separate price. This is a weighted average of prices for sales made on September 9, 2025, ranging from $9.1200 to $9.1250. Upon request, the Reporting Person will provide to the SEC, the Issuer, or any security holder of the Issuer full information regarding the number of shares sold at each separate price. These Options were granted on August 10, 2022 and vest in equal annual installments over three years. These Options were granted on July 7, 2023 and vest in equal monthly installments over 36 months. These RSUs vest 50% on September 30, 2025 and 50% on September 30, 2026. These RSUs vest in equal quarterly installments on December 3, 2025, February 13, 2026, May 13, 2026, August 13, 2026, December 3, 2026, February 12, 2027, May 13, 2027, August 13, 2027, and December 3, 2027. These RSUs vest in equal annual installments over three years on September 4, 2026, September 4, 2027, and September 4, 2028. These RSUs vest 25% on September 9, 2025; the remaining 75% vests in equal semiannual installments over three years on February 13, 2026, September 4, 2026, February 13, 2027, September 4, 2027, February 13, 2028, and September 4, 2028.
