Form 4 for DRK DarkHorse Technologies Inc.
Accepted 2025-12-10 00:00:00 ET · period of report 2025-12-08 · accession 0001062993-25-017276 · 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 | 2025-12-10 | 2025-12-09 | DRK | Kalbfleisch Kurt L. | CEO | S - Sale+OE | $0.47 | -90.0K | 559.0K | -14% | -$42.3K |
| D | 2025-12-10 | 2025-12-08 | DRK | Kalbfleisch Kurt L. | CEO | M - OptEx | — | +183.6K | 649.0K | +39% | — |
| D | 2025-12-10 | 2025-12-08 | DRK | Kalbfleisch Kurt L. | CEO | M - OptEx | — | -183.6K | 976.6K | -16% | — |
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 | 2025-12-09 | S | D | 90,000 | $0.47 | 558,964 | D | — | — | (F2) This transaction represents the sale of shares by the reporting person to satisfy the issuer's tax withholding obligations in connection with the release of vested RSUs on December 8, 2025. |
| 2 | Common | Common Stock | 2025-12-08 | M | A | 183,594 | — | 648,964 | D | — | — | (F1) Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. |
| 3 | Derivative | Restricted Stock Unit (RSU) | 2025-12-08 | M | D | 183,594 | — | 976,561 | D | — · — to — | 183,594 Common Stock | (F1) Each RSU represents a contingent right to receive one share of Sphere 3D Corp. common stock. (F4) 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 12/31/2025 until 12/31/2026; (ii) 11,719 shares vest on 12/31/2025 and 11,717 shares vest on 3/31/2026; and (iii) 93,750 shares vest each quarter from 3/1/2025 until 6/1/2027. (F3) 11,719 RSUs vested on September 30, 2025, 78,125 RSUs vested on September 30, 2025 and 93,750 RSUs vested on December 1, 2025. |