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Sharplink (SBET) director sells 12,892 shares after stock grant

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Sharplink, Inc. director Bernhard Leslie reported both share awards and a sale of common stock. On May 12, 2026, he completed an open-market sale of 12,892 shares of common stock at an average price of $7.4081 per share, leaving him with 24,998 shares held directly after the sale.

Earlier, on April 10, 2026, he acquired 11,503 fully vested shares of common stock at $6.52 per share as a grant under Sharplink’s Non-Employee Director Compensation Program for his board service, and the filing notes this price was based on the closing share price that day. On September 30, 2025, he also acquired 1,389 shares at a price of $0.00 per share upon vesting of restricted stock units.

Positive

  • None.

Negative

  • None.
Insider Bernhard Leslie
Role null
Sold 12,892 shs ($96K)
Type Security Shares Price Value
Sale Common Stock 12,892 $7.4081 $96K
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)
  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.
Open-market sale 12,892 shares at $7.4081/share Common Stock sale on May 12, 2026
Shares after sale 24,998 shares Common Stock directly held after May 12, 2026 transaction
Director share grant 11,503 shares at $6.52/share Fully vested grant on April 10, 2026 under director compensation program
RSU vesting shares 1,389 shares at $0.00/share Common Stock acquired on September 30, 2025 upon RSU vesting
Net share change -12,892 shares Net buy/sell shares across reported transactions
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"
open-market sale financial
"transaction_action: "open-market sale" for the May 12, 2026 transaction"
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.
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
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.
Form 4 Insider Transactions: What Each Field Means →
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*
Bernhard Leslie
(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)
XDirector10% 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)
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 Stock09/30/2025M1,389(1)A$026,387D
Common Stock04/10/2026A11,503(2)A$6.52(3)37,890D
Common Stock05/12/2026S12,892D$7.408124,998D
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
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/ Leslie Bernhard05/15/2026
** 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)

Source: View Original Filing on SEC EDGAR

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