Sharplink (SBET) CDO Michael Camarda Withholds 24,922 Shares for Taxes

What Happened

• Michael D. Camarda, Chief Development Officer of Sharplink, had 24,922 shares of the company's common stock withheld to satisfy tax withholding obligations tied to the vesting/settlement of restricted stock units (RSUs). The withholding was recorded at $5.81 per share, totaling approximately $144,797. This is a tax-withholding disposition (routine), not an open-market sale.

Key Details

• Transaction date and price: July 24, 2026 — 24,922 shares withheld at $5.81/share (total ≈ $144,797).
• Shares owned after transaction: Beneficial ownership includes 159,662 shares of common stock plus 440,562 unvested RSUs — totaling 600,224 shares when counted together (per footnote).
• Footnotes: F1 = shares withheld to satisfy tax withholding on RSU vesting; F2 = breakdown of holdings (440,562 unvested RSUs and 159,662 common shares).
• Timeliness: Reported via Form 4 on July 27, 2026 for a July 24 transaction (filed timely).

Context

• This filing reflects a cashless-type tax-withholding on RSU vesting (insider did not sell shares on the open market). Such withholdings are routine and do not necessarily indicate the insider’s view on the company’s prospects.