Sharplink (SBET) Chief Investment Officer granted 313,874 RSUs, now holds 602,653
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sheffield Matthew A reported acquisition or exercise transactions in this Form 4 filing.
Sharplink, Inc. Chief Investment Officer Matthew A. Sheffield reported an award of 313,874 shares of common stock underlying restricted stock units (RSUs) on July 3, 2026. These RSUs vest over three years: one-third on the first anniversary of June 30, 2026, with the remainder vesting in eight equal quarterly installments through the third anniversary. Following this grant, Sheffield holds 602,653 RSUs. The award is compensation-based and was not an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sheffield Matthew A
Role
Chief Investment Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 313,874 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 602,653 shares (Direct, null)
Footnotes (1)
- Represents shares of the Registrant's common stock underlying restricted stock units ("RSUs") granted on July 3, 2026 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 June 30, 2026 (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., September 30, December 30, March 30, and June 30 with respect to any calendar year) that occurs after the first anniversary of the Vesting Commencement Date through and including the third (3rd) anniversary of the Vesting Commencement Date. Represents 602,653 RSUs.
Key Figures
RSUs granted: 313,874 shares
RSUs held after grant: 602,653 RSUs
Grant price per share: $0.00 per share
+3 more
6 metrics
RSUs granted
313,874 shares
Restricted stock units awarded on July 3, 2026
RSUs held after grant
602,653 RSUs
Total RSUs reported following the transaction
Grant price per share
$0.00 per share
Equity compensation, not an open-market purchase
Vesting commencement date
June 30, 2026
Base date for three-year RSU vesting schedule
Initial vesting portion
One-third of RSUs
Vests on first anniversary of June 30, 2026
Remaining vesting tranches
Eight quarterly installments
From first to third anniversary of vesting commencement date
Key Terms
restricted stock units ("RSUs"), Vesting Commencement Date, quarterly vesting dates, Form 4
4 terms
restricted stock units ("RSUs") financial
"Represents shares of the Registrant's common stock underlying restricted stock units ("RSUs") granted on July 3, 2026"
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
"on the first anniversary of June 30, 2026 (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
"on each of the eight quarterly vesting dates (i.e., September 30, December 30, March 30, and June 30"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Sharplink (SBET) report for Matthew A. Sheffield?
Sharplink reported that Chief Investment Officer Matthew A. Sheffield received an award of 313,874 RSUs. These restricted stock units represent common stock granted as compensation, not shares bought on the open market, and increase his total RSU holdings to 602,653.
How many RSUs does Matthew A. Sheffield now hold at Sharplink (SBET)?
After the latest grant, Matthew A. Sheffield holds 602,653 RSUs. This total includes the newly awarded 313,874 RSUs and reflects his full restricted stock unit position reported in the filing for Sharplink, Inc.
What is the vesting schedule for Matthew A. Sheffield’s new RSU grant at Sharplink (SBET)?
The RSUs vest over three years starting from a June 30, 2026 vesting commencement date. One-third vests on the first anniversary, and the remaining two-thirds vest in eight equal quarterly installments through the third anniversary of that commencement date.
Was Sharplink (SBET) insider Matthew A. Sheffield’s transaction an open-market stock purchase?
No, the transaction was a grant of 313,874 RSUs at a price of $0.00 per share. It represents a compensation award of restricted stock units, not an open-market purchase or sale of Sharplink, Inc. common stock.
What role does Matthew A. Sheffield hold at Sharplink (SBET) in this Form 4 filing?
Matthew A. Sheffield is identified as the Chief Investment Officer of Sharplink, Inc. In this capacity, he reported receiving a grant of restricted stock units that will vest over time, aligning part of his compensation with the company’s equity.