CleanSpark Director Amanda Cavaleri Converts RSUs to 7,805 Shares

What Happened

• Amanda Cavaleri, a director of CleanSpark, had 7,805 restricted stock units (RSUs) convert into 7,805 common shares on September 30, 2026. The reported price is $0.00, indicating these were vested award shares converted into common stock rather than a market purchase or cash sale.
• The Form 4 shows two linked entries for the same date: one reporting acquisition of 7,805 shares (Acquired @ $0.00) and a related derivative-line reporting disposition of 7,805 (Disposed @ $0.00) — a routine way to report conversion/cancellation of derivative awards into underlying shares.

Key Details

• Transaction date: 2026-09-30; Filing date: 2026-10-01 (filed timely).
• Reported amount: 7,805 shares acquired via RSU conversion; reported price: $0.00 (no cash paid).
• Shares owned after transaction: not specified in the filing summary provided.
• Footnote: F1 — these RSUs vest in equal quarterly installments on 9/30/2026, 12/31/2026, and 3/31/2027 (this was one of those installments).
• Transaction code M denotes exercise/conversion of a derivative (here, conversion of RSUs to common stock).

Context

• This was not an open-market purchase or sale but a routine vesting/conversion of RSUs into shares. Such transactions reflect compensation vesting rather than a direct buy/sell decision by the insider.
• Because no cash changed hands and the filing was timely, this is primarily an administrative/compensation-related disclosure for shareholders to note.