McNeill Larry 4

What Happened

• Larry McNeill, a director of CLEANSPARK, reported a grant of 31,220 restricted stock units (RSUs) on 2026-03-09 (code A). On 2026-03-31, 7,353 RSUs were converted/exercised (code M) and 7,353 shares were simultaneously disposed (both at $0.00). All transactions show $0 cash consideration because these were derivative/RSU events rather than open-market trades.
• This activity represents compensation-related equity (awards and vesting/conversion), not a purchase of stock; such filings are typically routine for executives/directors receiving or vesting equity.

Key Details

• Transaction dates and types:
  • 2026-03-09 — Grant (A): 31,220 RSUs @ $0.00 (acquired; derivative)
  • 2026-03-31 — Conversion/Exercise (M): 7,353 shares @ $0.00 (acquired; derivative)
  • 2026-03-31 — Disposition (M): 7,353 shares @ $0.00 (disposed; derivative)
• Price: all reported at $0.00 (typical for RSU vesting/conversion).
• Shares owned after the transactions: not disclosed in the supplied filing summary.
• Footnotes from the filing:
  • F1: These RSUs vested on March 31, 2026.
  • F2: These RSUs vest in equal quarterly installments on June 30, 2026; Sept 30, 2026; Dec 31, 2026; and March 31, 2027.
• Filing date: Form filed 2026-04-02 reporting a grant dated 2026-03-09. The March 9 grant, if not previously reported, would be outside the usual two-business-day reporting window (i.e., appears late).

Context

• The matching acquisition and immediate disposition on 3/31 commonly reflects vested RSUs being converted to shares with an equal number transferred (often to satisfy tax withholding or similar obligations), though the filing itself does not state a motive.
• These entries are derivative/award events (RSUs vesting/converting), not open-market buys or sales that signal directional insider sentiment.