Form 4 for DRK DarkHorse Technologies Inc.
Accepted 2025-09-05 00:00:00 ET · period of report 2025-09-03 · accession 0001062993-25-015364 · 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 | 2025-09-05 | 2025-09-03 | DRK | Kalbfleisch Kurt L. | CFO, Acting CEO | F - Tax | $0.61 | -85.0K | 465.4K | -15% | -$51.9K |
| D | 2025-09-05 | 2025-09-03 | DRK | Kalbfleisch Kurt L. | CFO, Acting CEO | M - OptEx | — | +195.2K | 550.4K | +55% | — |
| D | 2025-09-05 | 2025-09-03 | DRK | Kalbfleisch Kurt L. | CFO, Acting CEO | M - OptEx | — | -195.2K | 1.16M | -14% | — |
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 | 2025-09-03 | F | D | 85,010 | $0.61 | 465,370 | D | — | — | |
| 2 | Common | Common Stock | 2025-09-03 | M | A | 195,201 | — | 550,380 | D | — | — | (F1) Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. |
| 3 | Derivative | Restricted Stock Unit (RSU) | 2025-09-03 | M | D | 195,201 | — | 1,160,155 | D | — · — to — | 195,201 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 three awards. The underlying shares and vesting schedules are as follows: (i) 78,125 shares vest each quarter beginning 9/30/2025 until 12/31/2026; (ii) 11,719 shares vest each quarter beginning 9/30/2025 until 12/31/2025 and 11,717 shares vest on 3/31/2026; and (iii) 93,750 shares vest each quarter from 12/1/2025 until 6/1/2027. (F2) 11,607 RSUs vested on June 20, 2025, 89,844 RSUs vested on June 30, 2025 and 93,750 RSUs vested on September 1, 2025. |