CleanSpark Director Amanda Cavaleri Exercises/Converts 7,805 Shares

What Happened

• Amanda Cavaleri, a director of CleanSpark, converted/exercised 7,805 derivative units into common stock on June 30, 2026. The Form 4 shows 7,805 shares "Acquired" at $0.00 and 7,805 shares "Disposed" at $0.00 on the same date, with no cash value reported in the filing.

Key Details

• Transaction date: 2026-06-30; Form 4 filed: 2026-09-10 (late filing).
• Reported price for both acquisition and disposition: $0.00 (no cash change shown).
• Shares owned after the transaction: not specified in the filing.
• Footnote: these RSUs vest in equal quarterly installments on 6/30/2026, 9/30/2026, 12/31/2026 and 3/31/2027 (F1).
• No 10b5-1 plan or tax-withholding detail is specified in the filing.

Context

• The filing uses derivative-conversion/exercise coding (M). In plain terms, a derivative award (reported as RSUs in the footnote) converted into 7,805 shares and those same shares were recorded as disposed the same day; the $0.00 price suggests a non-cash transfer or internal settlement rather than an open-market sale. The late filing reduces near-term transparency but does not on its own indicate intent or market view.