CleanSpark (CLSK) CTO/COO Taylor Monnig Exercises Options and Sells Shares

What Happened

• Taylor Monnig, CleanSpark's (CLSK) CTO and COO, exercised 536 derivative shares on Aug 13, 2026 (exercise reported at $0.00). Following the exercise, 211 shares were surrendered/withheld to cover taxes (reported as a F transaction) and 54 shares were sold in the open market (S) on Aug 14, 2026. The tax-withholding portion generated $2,429 and the open-market sale generated $622, for total proceeds of about $3,051 from disposed shares.

Key Details

• Transaction dates: Exercise/conversion (M) on 2026-08-13; tax withholding (F) and open-market sale (S) on 2026-08-14. Filing date: 2026-08-14.
• Prices and amounts: Exercised 536 shares at $0.00; 211 shares withheld at $11.51 ($2,429); 54 shares sold at $11.51 ($622).
• Footnotes: The tax-withholding/sale was made pursuant to a Rule 10b5-1(c) trading plan adopted May 13, 2026 (F1). Filing also discloses various outstanding awards with performance and vesting conditions (see F10 and other footnotes).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Timeliness: Reported and filed the next day (appears timely; no late filing indicator provided).

Context

• The filings show an option/derivative exercise followed by share withholding to satisfy tax obligations and a small open-market sale — a common cashless-style settlement pattern rather than a large directional bet. M = exercise/conversion of derivative; F = tax withholding/payment; S = sale. These routine tax-withholding sales and small open-market sales often reflect administrative settlement rather than a strong signal about the executive’s view of the stock.