Form 4 for DRK DarkHorse Technologies Inc.
Accepted 2025-06-09 00:00:00 ET · period of report 2025-06-05 · accession 0001062993-25-011284 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-06-09 | 2025-06-05 | DRK | Kalbfleisch Kurt L. | CFO, Acting CEO | M - OptEx | — | +339.8K | 489.6K | +227% | — |
| D | 2025-06-09 | 2025-06-05 | DRK | Kalbfleisch Kurt L. | CFO, Acting CEO | F - Tax | $0.74 | -134.4K | 355.2K | -27% | -$99.5K |
| D | 2025-06-09 | 2025-06-05 | DRK | Kalbfleisch Kurt L. | CFO, Acting CEO | M - OptEx | — | -339.8K | 1.36M | -20% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-06-05 | M | A | 339,844 | — | 489,585 | D | — | — | (F1) Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. |
| 2 | Common | Common Stock | 2025-06-05 | F | D | 134,406 | $0.74 | 355,179 | D | — | — | |
| 3 | Derivative | Restricted Stock Unit (RSU) | 2025-06-05 | M | D | 339,844 | — | 1,355,356 | D | — · — to — | 339,844 Common Stock | (F1) Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. (F3) The RSUs reported under Column 9 include four awards. The underlying shares and vesting schedules are as follows: (i) 78,125 shares vest each quarter beginning June 30, 2025 until December 31, 2026; (ii) 11,719 shares vest each quarter beginning 6/30/2025 until 12/31/2025 and 11,717 shares vest on 3/31/2026; (iii) 11,607 shares vest on 6/20/25; (iv) 93,750 shares vest each quarter from 9/1/2025 until 6/1/2027. (F2) 89,444 RSUs vested on March 31, 2025 and 250,000 RSUs vested on June 1, 2025. |