Beynon Roger Paul 4
Research Summary
AI-generated summary
CleanSpark (CLSK) Director Roger Beynon Receives RSUs, Converts 7,353
What Happened
Roger Paul Beynon, a director of CleanSpark, Inc. (CLSK), received a grant of 31,220 restricted stock units (RSUs) on March 9, 2026. According to the filing, 7,353 of those RSUs vested and were converted/exercised on March 31, 2026. Both the grant and the conversion are reported at $0.00 per share (no cash purchase price shown).
Key Details
- Transaction dates: Grant reported for 2026-03-09; vesting/conversion reported for 2026-03-31. Form 4 was filed 2026-04-02 (filed more than the typical 2 business days after the report date).
- Amounts: 31,220 RSUs granted (A); 7,353 RSUs converted/exercised (M) on 3/31; simultaneous disposition of 7,353 derivative shares is also reported at $0.00.
- Prices/values: All entries show $0.00 share price; no cash consideration reported in the filing.
- Footnotes: F1 — these RSUs vested on March 31, 2026. F2 — remaining RSUs vest in equal quarterly installments on 6/30/2026, 9/30/2026, 12/31/2026 and 3/31/2027.
- Shares owned after transaction: Not specified in the details provided here.
- Timeliness: Filing appears late (transaction(s) occurred March 9 / March 31; Form 4 filed April 2), which may be a delinquent filing relative to the usual two-business-day requirement.
Context
- These transactions involve RSUs (derivative awards) rather than open-market buys or sales. The conversion/exercise (code M) indicates the RSUs became common shares; the simultaneous reported disposition of the same amount at $0.00 could reflect transfer/settlement mechanics (the filing does not detail whether shares were sold or withheld for taxes).
- Grants and vesting of RSUs are common compensation events and do not, by themselves, indicate an insider buying or selling shares for investment reasons.