Summary by Futu AI
CleanSpark Executive Chairman Schultz S. Matthew engaged in a series of stock transactions involving the company's common stock, as reported in recent filings. Between February 23 and February 27, 2024, Schultz executed multiple transactions including the acquisition and disposal of shares. On February 23 and 26, Schultz acquired a total of 540,000 shares through the exercise of derivative securities at no cost. Concurrently, Schultz disposed of 118,800 shares on each of the aforementioned dates to cover exercise prices or tax liabilities, with transaction prices of $16.43 and $20.35 respectively. Additionally, on February 27, Schultz sold 322,400 shares on the open market at a price of $20.95 per share. Following these transactions, Schultz's direct holdings in CleanSpark decreased to 2,698,768 shares. The total market value of the disposed shares amounted to $11,123,744. The transactions are reported to be in progress. Schultz also has indirect holdings totaling 520,996 shares through a trust and spouse ownership.