Chalom Joseph 4
Research Summary
AI-generated summary
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.