Sharplink (SBET) director logs share sale and equity awards

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Sharplink, Inc. director Robert M. Gutkowski reported both sales and equity awards of common stock. On May 12, 2026, he executed an open-market sale of 12,892 shares of common stock at $7.4058 per share, leaving him with 24,998 shares held directly afterward.

Earlier, on April 10, 2026, he acquired 11,503 shares at a reference price of $6.52 per share through a grant or award, including shares received upon vesting of restricted stock units and fully vested stock granted under the company’s Non-Employee Director Compensation Program. A prior transaction on September 30, 2025 reflects the exercise of 1,389 shares from a derivative security at a recorded price of $0.00.

Insider Trade Summary

Net Seller: 12,892 shares ($95,476)

Net Sell 3 txns

Insider GUTKOWSKI ROBERT M

Role null

Sold 12,892 shs ($95K)

Type	Security	Shares	Price	Value
Sale	Common Stock	12,892	$7.4058	$95K
Grant/Award	Common Stock	11,503	$6.52	$75K
Exercise	Common Stock	1,389	$0.00	--

Holdings After Transaction: Common Stock — 24,998 shares (Direct, null)

Footnotes (1)

Represents shares of the Issuer's common stock, par value $0.0001 per share ("Common Stock") acquired upon vesting of restricted stock units. Represents grant of fully vested shares of the Issuer's Common Stock, pursuant to the Issuer's Non-Employee Director Compensation Program as compensation for the Reporting Person's services as a director of the Issuer. Based on the closing price per share of Common Stock on April 10, 2026.

Key Figures

Open-market sale: 12,892 shares at $7.4058 Shares after sale: 24,998 shares Equity award grant: 11,503 shares at $6.52 +2 more

5 metrics

Open-market sale 12,892 shares at $7.4058 Common Stock sale on May 12, 2026

Shares after sale 24,998 shares Direct holdings following May 12, 2026 transaction

Equity award grant 11,503 shares at $6.52 Grant/award on April 10, 2026, including RSU vesting

Derivative exercise 1,389 shares at $0.00 Exercise of derivative security on September 30, 2025

Net share change (buy/sell) -12,892 shares Net sell direction across reported transactions

Key Terms

restricted stock units, Non-Employee Director Compensation Program, open-market sale, Grant, award, or other acquisition, +1 more

5 terms

restricted stock units financial

"Represents shares of the Issuer's common stock ... acquired upon vesting of restricted stock units."

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.

Non-Employee Director Compensation Program financial

"Represents grant of fully vested shares ... pursuant to the Issuer's Non-Employee Director Compensation Program as compensation."

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Exercise or conversion of derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

Form 4 Insider Transactions: What Each Field Means →

05/15/2026 - 08:03 AM

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

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^*

GUTKOWSKI ROBERT M

(Last)

(First)

(Middle)

C/O SHARPLINK, INC.

200 S. BISCAYNE BOULEVARD, FLOOR 20

(Street)

MIAMI

FLORIDA

33131

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Sharplink, Inc. [ SBET ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

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

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	09/30/2025		M		1,389⁽¹⁾	A	$0	26,387	D
Common Stock	04/10/2026		A		11,503⁽²⁾	A	$6.52⁽³⁾	37,890	D
Common Stock	05/12/2026		S		12,892	D	$7.4058	24,998	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents shares of the Issuer's common stock, par value $0.0001 per share ("Common Stock") acquired upon vesting of restricted stock units.

2. Represents grant of fully vested shares of the Issuer's Common Stock, pursuant to the Issuer's Non-Employee Director Compensation Program as compensation for the Reporting Person's services as a director of the Issuer.

3. Based on the closing price per share of Common Stock on April 10, 2026.

	/s/ Robert Gutkowski	05/15/2026
	** 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.
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Sharplink (SBET) director Robert Gutkowski report?

Director Robert M. Gutkowski reported a mix of transactions, including a sale of 12,892 Sharplink common shares and multiple equity awards and exercises. These filings show routine director compensation grants alongside one open-market sale, all held directly in his name.

How many Sharplink (SBET) shares did the director sell and at what price?

On May 12, 2026, Robert M. Gutkowski sold 12,892 shares of Sharplink common stock at $7.4058 per share in an open-market transaction. This sale reduced his directly held position while still leaving a notable remaining shareholding afterward.

What equity awards did the Sharplink (SBET) director receive in this Form 4?

On April 10, 2026, the director acquired 11,503 Sharplink shares through a grant or award. Footnotes state these represent vested restricted stock units and fully vested shares granted under the Non-Employee Director Compensation Program as compensation for his board service.

How many Sharplink (SBET) shares does the director hold after these transactions?

Following the May 12, 2026 sale transaction, Robert M. Gutkowski directly holds 24,998 shares of Sharplink common stock. This figure reflects his remaining position after accounting for the reported open-market sale and prior equity grants and exercises.

Were the Sharplink (SBET) director’s grants tied to restricted stock units?

Yes. Footnotes explain that part of the 11,503 shares acquired on April 10, 2026 came from vesting of restricted stock units. Additional fully vested shares were granted under Sharplink’s Non-Employee Director Compensation Program as compensation for his director services.

Did the Sharplink (SBET) director exercise any derivative securities?

Yes. On September 30, 2025, the Form 4 shows the director exercised a derivative security into 1,389 shares of common stock at a recorded price of $0.00. No remaining derivative positions are listed in the derivative summary of this filing.