Schultz S. Matthew

Schultz S. Matthew, Executive Chairman of CleanSpark (CLSK), has demonstrated a consistent pattern of selling activity over the past two years, with no recorded purchases in SEC filings. His transactions, totaling over $22.6 million in sales, have been concentrated exclusively in CLSK shares. The largest disposals occurred in early 2024, including a $6.75 million sale on February 27 and an $8.47 million transaction on March 27. These were followed by smaller but notable dispositions, such as a $1.78 million sale on September 9, 2025, and two transactions totaling $963,337 on February 18, 2026. The filings show a mix of transaction codes, including discretionary sales (S), gifts or transfers (G), and derivative transactions (M, A), though the majority of monetized sales fall under open-market dispositions. While Schultz has continued to hold or acquire shares through derivative instruments—evidenced by multiple transactions with $0 reported value—his outright sales have dominated the activity. The absence of any buy transactions suggests a clear directional bias toward reducing his position in CleanSpark over time, with the most recent sales occurring in early 2026. The pattern aligns with a gradual unwinding of his stake rather than an abrupt exit.