Sharplink, Inc.·4

Jul 7, 4:30 PM ET

DeLucia Robert Michael 4

Research Summary

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Sharplink (SBET) CFO Robert DeLucia Receives RSU Award

What Happened
Robert Michael DeLucia, Chief Financial Officer of Sharplink, was awarded equity and had performance RSUs vest on July 3, 2026. He received a grant of 169,492 restricted stock units (RSUs) (awarded at $0.00) and 16,187 shares from the vesting of prior performance-based RSUs. To satisfy tax withholding on the vested performance RSUs, 6,370 shares were withheld/disposed at $5.31 per share for a cash value of $33,825.

Key Details

  • Transaction date: July 3, 2026; Form 4 filed July 7, 2026 (within the standard two-business-day reporting window).
  • Grants/Acquisitions: 169,492 RSUs (new grant, code A) and 16,187 shares from vesting of prior performance RSUs (code A).
  • Tax withholding: 6,370 shares disposed to satisfy taxes (code F) at $5.31/share = $33,825.
  • Net shares delivered from the vesting event: 16,187 − 6,370 = 9,817 shares retained by the insider.
  • Shares owned/Reported after transaction: 433,460 total (this figure includes 169,492 newly awarded RSUs, 161,053 previously reported unvested RSUs, and 102,915 shares of common stock) (see footnote F4).
  • Footnotes: F1 = vesting schedule for the new RSU grant (1/3 at first anniversary, then quarterly over years 2–3); F2 = these 16,187 were from Aug 27, 2025 performance RSUs; F3 = withheld shares to satisfy tax obligations.

Context

  • This was an equity award and a routine tax-withholding sale, not an open-market sale or purchase. Awards signal compensation/retention, not necessarily a bullish or bearish personal trade.
  • The tax-withholding (F) is a common, administrative disposition when RSUs vest (often called a cashless/stock-surrender withholding).
  • For retail investors tracking insider activity: purchases are typically more informative about conviction; grants/vests mainly reflect compensation and vesting schedules.