Sharplink CDO reports initial Form 3 holdings
Sharplink, Inc. filed an initial Form 3 for Chief Development Officer Michael D. Camarda, reporting direct holdings of common stock.
Accepted by SEC EDGAR
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Form Type
3
Rhea-AI Filing Summary
Sharplink, Inc. filed an initial Form 3 for Chief Development Officer Michael D. Camarda, reporting direct holdings of common stock. The filing lists 190,022 shares of common stock and a separate block of 82,834 shares, including shares underlying restricted stock units granted on August 27, 2025 that vest over time based on continued service.
Insider Trade Summary
Holdings reported, no transactions
Holdings
Insider
Camarda Michael D
Role
Chief Development Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Holdings:
Common Stock — 272,856 shares (Direct)
Footnotes (1)
- F1. Represents shares of the Registrant's common stock underlying restricted stock units ("RSUs") granted on August 27, 2025 which vest, subject to the reporting person's continuous service, in accordance with the following schedule: (i) one-third (1/3rd) of the RSUs will vest on the first anniversary of July 24, 2025 (the "Vesting Commencement Date"); and (ii) one-twelfth (1/12th) of the RSUs will vest on each of the eight quarterly vesting dates (i.e., October 24, January 24, April 24, and July 24 with respect to any calendar year) that occurs after the first anniversary of the Vesting Commencement Date.
Key Figures
Direct common stock holding: 190,022 shares
Additional common stock holding: 82,834 shares
RSU grant date: August 27, 2025
+3 more
6 metrics
Direct common stock holding
190,022 shares
Total shares following transaction entry for common stock
Additional common stock holding
82,834 shares
Second direct common stock position reported on Form 3
RSU grant date
August 27, 2025
Grant date for restricted stock units referenced in footnote
RSU vesting start reference date
July 24, 2025
Vesting Commencement Date reference for RSU schedule
Initial RSU vesting portion
One-third
Vests on first anniversary of July 24, 2025, subject to service
Subsequent RSU vesting installments
One-twelfth on eight dates
Vests on each of eight quarterly vesting dates after first anniversary
Key Terms
restricted stock units ("RSUs"), Vesting Commencement Date, quarterly vesting dates
3 terms
restricted stock units ("RSUs") financial
"Represents shares of the Registrant's common stock underlying restricted stock units ("RSUs") granted on August 27, 2025"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Vesting Commencement Date financial
"first anniversary of July 24, 2025 (the "Vesting Commencement Date")"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
quarterly vesting dates financial
"one-twelfth (1/12th) of the RSUs will vest on each of the eight quarterly vesting dates"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Sharplink (SBET) disclose in Michael Camarda's Form 3?
The Form 3 shows Chief Development Officer Michael D. Camarda’s initial beneficial ownership in Sharplink common stock, including 190,022 shares and an additional 82,834 shares. These holdings establish his starting equity position as an officer of the company.
Does the Sharplink (SBET) Form 3 for Michael Camarda show any stock purchases or sales?
The Form 3 lists only holdings for Michael D. Camarda and does not report any stock purchases or sales. It serves as an initial statement of beneficial ownership in Sharplink common stock rather than a record of recent trading activity.
What RSU grant is described in Michael Camarda’s Sharplink (SBET) Form 3 footnote?
The footnote describes restricted stock units granted on August 27, 2025. One-third of the RSUs vest on the first anniversary of July 24, 2025, with the remaining RSUs vesting in eight equal quarterly installments, contingent on continuous service.
How do Michael Camarda’s RSUs in Sharplink (SBET) vest over time?
Camarda’s RSUs vest based on a time schedule linked to his continued service. One-third vests on the first anniversary of July 24, 2025, and one-twelfth vests on each of eight quarterly vesting dates thereafter, including October 24, January 24, April 24, and July 24.
AI-generated analysis. How Rhea-AI works. Not financial advice.
