CleanSpark (CLSK) Director Files Form 4 Showing RSU Vesting and Disposition

Rhea-AI Filing Summary

Roger P. Beynon, a director of CleanSpark, Inc. (CLSK), reported changes in beneficial ownership on Form 4. The filing shows a disposal of 108,446 shares of common stock and an acquisition event on 08/13/2025 where 8,532 shares were acquired at $0 (recorded as vested restricted stock units). After the reported transactions, the filing indicates beneficial ownership figures totaling 116,978 shares of common stock and derivative holdings tied to 17,065 RSUs and an additional 8,532 RSUs that vested on 08/13/2025. The RSUs vesting schedule disclosed states these RSUs vest 50% on 08/13/2025 and 50% on 12/03/2025. The filer signed the Form 4 on 08/14/2025.

Positive

• RSU vesting disclosed with schedule (50% on 08/13/2025 and 50% on 12/03/2025), providing transparency
• Form 4 signed by the reporting person on 08/14/2025, indicating timely certification of the report

Negative

• None.

Insights

Securities Analyst

TL;DR: Director reported RSU vesting and a related disposition with post-transaction beneficial ownership disclosed.

The Form 4 documents routine equity compensation activity for a company director. The key elements are a reported disposal of 108,446 common shares and the vesting/acquisition of 8,532 shares at no cash cost, recorded as restricted stock units. The filing also clarifies total RSU-related underlying shares of 17,065 and a vesting schedule splitting remaining awards between 08/13/2025 and 12/03/2025. From a reporting perspective these entries appear to be administrative bookkeeping and compensation-related rather than open-market purchases or sales; the Form is filed by one reporting person and is duly signed.

Corporate Governance Expert

TL;DR: This disclosure details director compensation vesting and an associated disposition; no governance anomalies shown.

The report clearly identifies the reporting person as a director and lists the nature of the acquired securities as restricted stock units with a specified vesting timetable. The explanatory note states some RSUs were moved between Table 1 and Table 2 for clarity, which is an acceptable administrative adjustment. No additional arrangements or joint filings are indicated and the signature certifies the filing. Material governance implications are limited because the document only discloses standard equity compensation vesting and a recorded disposal.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Beynon Roger Paul

(Last) (First) (Middle)

10624 S. EASTERN AVE.

SUITE A-638

(Street)

HENDERSON NV 89052

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CLEANSPARK, INC. [ CLSK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								108,446	D
Common Stock	08/13/2025		M		8,532	A	$0	116,978	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0							(1)	(1)	Common Stock	17,065		17,065(2)	D
Restricted Stock Units	$0	08/13/2025		M			8,532	08/13/2025	(1)	Common Stock	8,532	$0	8,533	D

Explanation of Responses:

1. These RSUs vest 50% on August 13, 2025 and 50% on December 3, 2025

2. These RSUs were previously reported on Form 4, Table 1 as Common Stock with the vesting schedule provided in a footnote and are now being transferred from Table 1 to Table 2 on this Form 4 for ease of form preparation.

	/s/ Roger P. Beynon	08/14/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What transactions did Roger P. Beynon report on the Form 4 for CLSK?

The filing reports a disposal of 108,446 common shares and the acquisition/vesting of 8,532 shares recorded as RSUs on 08/13/2025.

How many restricted stock units (RSUs) are referenced in the filing?

The Form 4 references underlying RSUs totaling 17,065 and an additional 8,532 RSUs that vested on 08/13/2025.

What is the vesting schedule for the RSUs reported by the director?

The RSUs vest 50% on 08/13/2025 and 50% on 12/03/2025, per the filing's explanatory note.

Did the reporting person pay for the acquired shares?

No purchase price is reported; the acquired 8,532 shares are shown with a price of $0, consistent with RSU vesting.

Was this Form 4 filed jointly or by a single reporting person?

The filing indicates it was filed by one reporting person.