Sec Form 4 Filing - Garrison Scott Eugene @ CLEANSPARK, INC. - 2025-09-04

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Garrison Scott Eugene
2. Issuer Name and Ticker or Trading Symbol
CLEANSPARK, INC. [ CLSK]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP, Chief Development Officer
(Last) (First) (Middle)
10624 S. EASTERN AVE., SUITE A-638
3. Date of Earliest Transaction (MM/DD/YY)
09/04/2025
(Street)
HENDERSON, NV89052
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 102,879 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Options (Right to Buy) $ 6 ( 1 ) 07/06/2033 Common Stock 20,139 20,139 D
Employee Stock Options (Right to Buy) $ 15.69 ( 2 ) 05/14/2031 Common Stock 45,000 45,000 D
Restricted Stock Units $ 0 ( 3 ) ( 3 ) Common Stock 66,700 66,700 D
Restricted Stock Units $ 0 ( 4 ) ( 4 ) Common Stock 24,090 24,090 D
Restricted Stock Units $ 0 09/04/2025 A 396,476 ( 5 ) ( 5 ) Common Stock 396,476 $ 0 396,476 D
Restricted Stock Units $ 0 09/04/2025 A 361,000 ( 6 ) ( 6 ) Common Stock 361,000 $ 0 361,000 D
Restricted Stock Units $ 0 09/04/2025 A 361,000 ( 5 ) ( 5 ) Common Stock 361,000 $ 0 361,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Garrison Scott Eugene
10624 S. EASTERN AVE.
SUITE A-638
HENDERSON, NV89052
EVP, Chief Development Officer
Signatures
/s/ Scott E. Garrison 09/08/2025
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These Options were granted on July 7, 2023 and vest in equal monthly installments over 36 months.
( 2 )These Options were granted on May 14, 2021 and vested in equal monthly installments over 36 months.
( 3 )These RSUs vest 50% on September 30, 2025 and 50% on September 30, 2026.
( 4 )These RSUs vest in equal quarterly installments on December 3, 2025, February 13, 2026, May 13, 2026, August 13, 2026, December 3, 2026, February 12, 2027, May 13, 2027, August 13, 2027 and December 3, 2027.
( 5 )These RSUs vest in equal annual installments over three years on September 4, 2026, September 4, 2027, and September 4, 2028.
( 6 )These RSUs vest 25% on September 9, 2025; the remaining 75% vests in equal semiannual installments over three years on February 13, 2026, September 4, 2026, February 13, 2027, September 4, 2027, February 13, 2028, and September 4, 2028.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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