Sharplink (SBET) CEO withholds 50,147 shares to cover RSU tax obligations
Rhea-AI Filing Summary
Sharplink, Inc. director and Chief Executive Officer Joseph Chalom reported a tax-withholding disposition of 50,147 shares of common stock on July 24, 2026, at $5.81 per share, to satisfy tax obligations upon vesting and settlement of restricted stock units. Following this event, he directly holds 1,064,360 shares, consisting of 824,807 unvested RSUs and 239,553 shares of common stock.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 50,147 shares
Net Sell
1 txn
Insider
Chalom Joseph
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 50,147 | $5.81 | $291K |
Holdings After Transaction:
Common Stock — 1,064,360 shares (Direct)
Footnotes (2)
- F1. Represents shares of the Registrant's common stock withheld to satisfy tax withholding obligations upon the vesting and settlement of restricted stock units ("RSUs").
- F2. The total reported in Column 5 includes: (i) 824,807 unvested RSUs, and (ii) 239,553 shares of the Registrant's common stock.
Key Figures
Shares Withheld for Taxes: 50147 shares
Per-Share Value for Withholding: $5.8100 per share
Total Direct Holdings After Transaction: 1064360 shares
+2 more
5 metrics
Shares Withheld for Taxes
50147 shares
Common stock withheld to satisfy tax obligations on RSU vesting
Per-Share Value for Withholding
$5.8100 per share
Value used for tax-withholding disposition on July 24, 2026
Total Direct Holdings After Transaction
1064360 shares
Common stock and unvested RSUs directly held after the transaction
Unvested RSUs Included in Holdings
824807 unvested RSUs
Unvested restricted stock units included in post-transaction total
Common Shares Included in Holdings
239553 shares
Shares of common stock included in post-transaction total
Key Terms
restricted stock units, tax withholding obligations, vesting and settlement, unvested RSUs
4 terms
restricted stock units financial
"vesting and settlement of restricted stock units ("RSUs")."
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.
tax withholding obligations financial
"withheld to satisfy tax withholding obligations upon the vesting"
vesting and settlement financial
"upon the vesting and settlement of restricted stock units"
unvested RSUs financial
"includes: (i) 824,807 unvested RSUs, and (ii) 239,553 shares"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Sharplink (SBET) report for CEO Joseph Chalom?
Sharplink CEO Joseph Chalom reported a tax-withholding disposition of 50,147 shares of common stock. The shares were withheld to cover tax obligations triggered by the vesting and settlement of restricted stock units, rather than an open-market share sale.
Was the Sharplink (SBET) CEO’s transaction an open-market sale?
No. The transaction is described as payment of tax liability by delivering or withholding securities. Shares were withheld upon vesting and settlement of RSUs, so it reflects tax handling rather than a discretionary open-market stock sale.
What do the unvested RSUs reported for Sharplink (SBET) CEO represent?
The filing notes 824,807 unvested RSUs included in the total reported holdings. These restricted stock units represent stock-based compensation that will settle into common shares only upon satisfaction of vesting conditions over time.