Camarda Michael D 4

What Happened

Michael D. Camarda, Chief Development Officer of Sharplink, received a new award of 313,874 restricted stock units (RSUs) on July 3, 2026 and also recognized 63,341 shares upon vesting of prior performance RSUs. To satisfy tax withholding on the vesting/settlement, 24,925 shares were withheld/disposed at $5.31 per share, generating approximately $132,352. The new RSUs were granted at $0.00 (standard for RSU awards).

Key Details

• Transaction date: July 3, 2026; Form 4 filed July 7, 2026 (filed 4 days after the transaction — may be late relative to the typical 2-business-day Form 4 deadline).
• Grants/vests: 313,874 RSUs awarded (new), 63,341 shares acquired upon vesting of prior performance RSUs.
• Tax withholding/disposition: 24,925 shares withheld at $5.31/share — proceeds ≈ $132,352 (transaction code F).
• Shares/RSU holdings after the filing (per filing footnote): 121,250 shares of common stock plus 503,896 unvested RSUs (313,874 newly awarded + 190,022 existing unvested RSUs) — total economic exposure of 625,146 shares/RSU equivalents.
• Footnotes of note: (F1) new RSUs vest over ~3 years (1/3 at first anniversary, then quarterly over the next two years); (F2) 63,341 relates to performance-based RSUs granted Aug 27, 2025; (F3) withholding for taxes; (F4) breakdown of shares/RSUs included in beneficial ownership.

Context

• This filing primarily records an equity award and the vesting/settlement of previously granted performance RSUs; these are not open-market purchases.
• The withholding of shares to satisfy taxes (code F) is routine and does not necessarily indicate a voluntary sale.
• No speculation on motive is made; purchases are generally more informative of bullish insider sentiment, while awards/withholdings are standard compensation events.