STOCK TITAN

Cleanspark (CLSK) director receives 31,220 RSUs and converts 7,353 into shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CLEANSPARK, INC. director Roger Paul Beynon reported equity compensation activity involving restricted stock units (RSUs) and common shares. On March 9, 2026, he received an award of 31,220 RSUs, each representing one share of common stock. The award vests in equal quarterly installments on June 30, 2026, September 30, 2026, December 31, 2026, and March 31, 2027.

On March 31, 2026, 7,353 RSUs vested and were exercised into 7,353 shares of common stock at a price of $0.00 per share. Following these transactions, Beynon directly held 140,217 shares of common stock, along with a remaining RSU position tied to common stock.

Positive

  • None.

Negative

  • None.
Insider Beynon Roger Paul
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Units 7,353 $0.00 --
Exercise Common Stock 7,353 $0.00 --
Grant/Award Restricted Stock Units 31,220 $0.00 --
holding Restricted Stock Units -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 140,217 shares (Direct)
Footnotes (1)
  1. These RSUs vested on March 31, 2026. These RSUs vest in equal quarterly installments on June 30, 2026, September 30, 2026, December 31, 2026, and March 31, 2027.
RSUs granted 31,220 RSUs Grant on March 9, 2026
RSUs vested and exercised 7,353 units Converted to common stock on March 31, 2026
Common stock after transactions 140,217 shares Direct holdings following March 31, 2026 activity
Exercise price $0.00 per share RSUs converted into common stock on March 31, 2026
Remaining RSU underlying shares 7,353 shares Derivative position tied to common stock after reported activity
Restricted Stock Units financial
"The 31,220 RSUs vest in equal quarterly installments on specified dates."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"The filing describes the exercise or conversion of derivative security related to RSUs."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
grant, award, or other acquisition financial
"The RSU transaction on March 9, 2026 is labeled as a grant, award, or other acquisition."
exercise or conversion of derivative security financial
"The March 31, 2026 transactions are described as exercise or conversion of derivative security."
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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 NEVADA 89052

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CLEANSPARK, INC. [ CLSK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock132,864D
Common Stock03/31/2026M7,353A$0140,217D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$0 (1) (1)Common Stock7,3537,353D
Restricted Stock Units$003/31/2026M7,35303/31/2026 (1)Common Stock7,353$00D
Restricted Stock Units$003/09/2026A31,220 (2) (2)Common Stock31,220$031,220D
Explanation of Responses:
1. These RSUs vested on March 31, 2026.
2. These RSUs vest in equal quarterly installments on June 30, 2026, September 30, 2026, December 31, 2026, and March 31, 2027.
/s/ Roger P. Beynon04/02/2026
** Signature of Reporting PersonDate
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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did CLEANSPARK (CLSK) director Roger Paul Beynon report?

Director Roger Paul Beynon reported RSU-related equity compensation activity. He received an award of 31,220 restricted stock units on March 9, 2026, and 7,353 RSUs vested and converted into common stock on March 31, 2026, increasing his direct share holdings.

How many CLEANSPARK (CLSK) restricted stock units were granted to the director?

On March 9, 2026, the director received 31,220 restricted stock units. Each RSU represents one share of common stock, and this award expands his potential equity exposure as the units vest over the specified quarterly schedule through March 31, 2027.

What is the vesting schedule for Roger Paul Beynon’s CLEANSPARK (CLSK) RSU grant?

The 31,220 RSUs vest in equal quarterly installments on June 30, 2026, September 30, 2026, December 31, 2026, and March 31, 2027. This schedule gradually delivers shares over time rather than all at once, aligning compensation with ongoing service.

How many CLEANSPARK (CLSK) RSUs vested and converted to common stock in March 2026?

On March 31, 2026, 7,353 restricted stock units vested and were exercised into 7,353 shares of common stock at a price of $0.00 per share. This conversion reflects the delivery of previously awarded equity rather than an open-market stock purchase.

What are Roger Paul Beynon’s CLEANSPARK (CLSK) common stock holdings after these transactions?

After the March 31, 2026 transactions, the director directly held 140,217 shares of CLEANSPARK common stock. This figure reflects his position following the RSU vesting and conversion activity disclosed, and it represents his post-transaction direct ownership.

Were the reported CLEANSPARK (CLSK) insider transactions open-market buys or compensation-related?

The reported insider activity is compensation-related. The Form 4 describes a grant of restricted stock units and the exercise or conversion of RSUs into common stock at $0.00 per share, rather than open-market purchases or sales on an exchange.