Chalom Joseph 4
4 · Sharplink, Inc. · Filed Jul 7, 2026
Research Summary
AI-generated summary of this filing
Sharplink (SBET) CEO Chalom Joseph Receives RSU Award
What Happened
Chalom Joseph, CEO of Sharplink, received a grant of RSUs on July 3, 2026 totaling 726,277 shares (627,747 newly awarded RSUs plus 98,530 shares that vested from prior performance-based RSUs). Concurrently, 50,124 shares were withheld to satisfy tax withholding obligations at an effective value of $5.31 per share (≈ $266,158). The awards are compensation (acquisitions), while the withheld shares are a routine tax withholding (disposition code F).
Key Details
- Transaction date: July 3, 2026; Form 4 filed July 7, 2026 (filed within the two-business-day window).
- Awarded: 627,747 RSUs (new grant) and 98,530 shares from vesting of prior performance RSUs — both reported as acquisitions at $0.00.
- Tax withholding: 50,124 shares withheld/disposed at $5.31 per share, totaling $266,158 (routine withholding, not an open-market sale).
- Shares owned after transaction: 1,114,507 total reported beneficially owned (includes 627,747 newly awarded RSUs, 295,590 previously reported unvested RSUs, and 191,170 common shares).
- Vesting schedule (new RSUs): 1/3 vests on the first anniversary of the June 30, 2026 vesting commencement date; thereafter 1/12 vests on each of eight quarterly vesting dates through the third anniversary.
- Footnotes: awards include both newly granted RSUs and shares from previously granted performance RSUs; withheld shares were used to satisfy tax obligations.
Context
This filing reflects a compensation award (RSUs) to the CEO — common executive compensation and not an open-market purchase. The withheld shares are a tax-withholding mechanism (disposition code F), not a discretionary sale indicating sentiment. The filing appears timely under SEC Form 4 rules.
Insider Transaction Report
- Award
Common Stock
[F1]2026-07-03+627,747→ 1,066,101 total - Award
Common Stock
[F2]2026-07-03+98,530→ 1,164,631 total - Tax Payment
Common Stock
[F3][F4]2026-07-03$5.31/sh−50,124$266,158→ 1,114,507 total
Footnotes (4)
- [F1]Represents shares of the Registrant's common stock underlying restricted stock units ("RSUs") granted on July 3, 2026 which vest, subject to the reporting person's continuous service, in accordance with the following schedule: (i) one-third (1/3rd) of the RSUs will vest on the first anniversary of June 30, 2026 (the "Vesting Commencement Date"), and (ii) one-twelfth (1/12th) of the RSUs will vest on each of the eight quarterly vesting dates (i.e., September 30, December 30, March 30, and June 30 with respect to any calendar year) that occurs after the first anniversary of the Vesting Commencement Date through and including the third (3rd) anniversary of the Vesting Commencement Date.
- [F2]Represents shares of the Registrant's common stock acquired upon vesting of performance based RSUs granted on August 27, 2025.
- [F3]Represents shares of the Registrant's common stock withheld to satisfy tax withholding obligations upon the vesting and settlement of performance based RSUs.
- [F4]The reporting person has reported prior awards of RSUs in Table II of Form 4. The total reported in Column 5 includes (i) 627,747 newly awarded RSUs, (ii) 295,590 unvested RSUs previously reported in Table II, and (iii) 191,170 shares of the Registrant's common stock.