CLEANSPARK, INC.·4

Apr 2, 9:02 PM ET

Beynon Roger Paul 4

Research Summary

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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.