SCHULTZ S. MATTHEW (CEO & Chairman) exercised options at CLEANSPARK, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 2 exercises

SCHULTZ S. MATTHEW

Filed: 2/18/2026ACC: 0001193125-26-057834

InsiderSCHULTZ S. MATTHEWCIK 1625587

→

IssuerCLEANSPARK, INC.CIK 827876

DirectorOfficer· CEO & Chairman

Since Feb 2026

-104.13K

Net shares

Net seller

$963.3K

Total sold

Open market trades

0B · 0S

Total transactions

236.65K acquired · 340.78K disposed

Non-Derivative Transactions4

Common Stock

Direct

M · Option Exercise

+20.52K

Price / share

—

Trade value

—

% of position

0.9%

2/13/2026

2.32M→2.34M

Common Stock

Direct

M · Option Exercise

+216.13K

Price / share

—

Trade value

—

% of position

9.2%

2/13/2026

2.34M→2.56M

Common Stock

Direct

F · Tax Withholding

−95.09K

Price / share

$9.25

Trade value

$879.95K

% of position

3.7%

2/18/2026

2.56M→2.46M

Common Stock

Direct

F · Tax Withholding

−9.03K

Price / share

$9.23

Trade value

$83.39K

% of position

0.4%

2/18/2026

2.46M→2.46M

Total

Net shares

+132.52K

Net value

-$963.34K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	2/13/2026	M · Option Exercise	+20.52K	—	—	0.9%	2.32M	2.34M
Common Stock Direct	2/13/2026	M · Option Exercise	+216.13K	—	—	9.2%	2.34M	2.56M
Common Stock Direct	2/18/2026	F · Tax Withholding	−95.09K	$9.25	$879.95K	3.7%	2.56M	2.46M
Common Stock Direct	2/18/2026	F · Tax Withholding	−9.03K	$9.23	$83.39K	0.4%	2.46M	2.46M
Total			+132.52K		-$963.34K

Derivative Transactions2

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

216.13K shares

−216.13K

Strike price

Held after

1.08M

Exercisable

—

2/13/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

20.52K shares

−20.52K

Strike price

Held after

143.67K

Exercisable

—

2/13/2026

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Common Stock216.13K shares	2/13/2026	M · Option Exercise	−216.13K	0	—	1.08M
Restricted Stock Units Direct	Common Stock20.52K shares	2/13/2026	M · Option Exercise	−20.52K	0	—	143.67K

Non-Derivative Holdings (Post-Transaction)4

Common Stock

Indirect

Shares owned480K

Common Stock

Indirect

Shares owned41K

Common Stock

Direct

Shares owned2.32M

Series A Preferred

Direct

Shares owned500K

Total

2.82M direct·521K indirect3.34M

Security Title	Shares Owned	Ownership Type
Common Stock	480K	Indirect
Common Stock	41K	Indirect
Common Stock	2.32M	Direct
Series A Preferred	500K	Direct
Total	3.34M	2.82M direct·521K indirect

Derivative Holdings (Post-Transaction)5

Restricted Stock Units

Direct

Underlying security

Common Stock

Underlying shares

164.20K

Shares owned

164.20K

Exercise price

Expiration

—

Exercise window

—

Employee Stock Options (Right to Buy)

Direct

Underlying security

Common Stock

Underlying shares

400K

Shares owned

400K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Common Stock

Underlying shares

1.73M

Shares owned

1.73M

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Common Stock

Underlying shares

627.75K

Shares owned

627.75K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Common Stock

Underlying shares

1.30M

Shares owned

1.30M

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

4.22M

Owned

4.22M

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Units Direct	Common Stock	0	—	—	164.20K	164.20K
Employee Stock Options (Right to Buy) Direct	Common Stock	23	—	—	400K	400K
Restricted Stock Units Direct	Common Stock	0	—	—	1.73M	1.73M
Restricted Stock Units Direct	Common Stock	0	—	—	627.75K	627.75K
Restricted Stock Units Direct	Common Stock	0	—	—	1.30M	1.30M
Total					4.22M	4.22M