Schultz S. Matthew 4

4 · CLEANSPARK, INC. · Filed Dec 5, 2025

Form 4

Period: 2025-12-03

DirectorCEO & Chairman

Transactions

Exercise/Conversion
Common Stock
2025-12-03+20,524→ 2,331,652 total
Tax Payment
Common Stock
2025-12-05$14.07/sh−9,031$127,092→ 2,322,621 total
Exercise/Conversion
Restricted Stock Units
2025-12-03−20,524→ 164,198 total
Exercise: $0.00From: 2025-12-03→ Common Stock (20,524 underlying)

Holdings

Common Stock
2,311,128
Common Stock
(indirect: By Trust)
480,000
Common Stock
(indirect: By Spouse)
40,996
Series A Preferred
500,000
Employee Stock Options (Right to Buy)
Exercise: $23.00Exp: 2031-04-16→ Common Stock (400,000 underlying)
400,000
Restricted Stock Units
Exercise: $0.00→ Common Stock (627,753 underlying)
627,753
Restricted Stock Units
Exercise: $0.00→ Common Stock (1,296,750 underlying)
1,296,750
Restricted Stock Units
Exercise: $0.00→ Common Stock (1,729,000 underlying)
1,729,000
Restricted Stock Units
Exercise: $0.00→ Common Stock (184,722 underlying)
184,722

Footnotes (5)

[F1]This is a weighted average of prices for sales made on December 5, 2025, ranging from $13.92 to $14.16. Upon request, the Reporting Person will provide to the SEC, the Issuer, or any security holder of the Issuer full information regarding the number of shares sold at each separate price.
[F2]These Options were granted on April 16, 2021 and vested in equal monthly installments over 36 months.
[F3]These RSUs vest in equal annual installments over three years on September 4, 2026, September 4, 2027, and September 4, 2028.
[F4]These RSUs vest in equal semiannual installments over three years on February 13, 2026, September 4, 2026, February 13, 2027, September 4, 2027, February 13, 2028, and September 4, 2028.
[F5]These RSUs vest in equal quarterly installments on February 13, 2026, May 13, 2026, August 13, 2026, December 3, 2026, February 12, 2027, May 13, 2027, August 13, 2027, and December 3, 2027.

Documents

1 file