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sellWeak cluster of 3

Robert M Gutkowski sold $95k of SBET

director at SharpLink Gaming, Inc.. 12,892 shares at an average of $7.41, traded May 12, 2026, filed May 15, 2026.

Warning score
35
Value
$95k
12,892 shares
Holdings after
24,998
-34% from before
From 52-week low
+157%
low $2.79, close $7.17
From 52-week high
-91%
high $79.21, as of May 12, 2026

Score components

  • Role
    Director
    +15
  • Trade size
    $95k at market
    +10
  • Share of holdings sold
    Sold 34% of holdings
    +10
  • Cluster
    3 insiders selling within 14 days
    +15
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m -18.0%, 3m -6.8%, 6m -.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

SBETOct 12, 2026 · close 8.49
Since filing May 15, 2026: +26.3%SPY +5.8% · excess +20.5%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001493152-26-023351, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Sep 30, 2025MOption exercise
Common Stock
+1,389$0.00$026,387May 15, 2026
Apr 10, 2026AGrant or award
Common Stock
+11,503$6.52$75k37,890May 15, 2026
May 12, 2026SOpen-market sale
Common Stock
-12,892$7.41$95k24,998May 15, 2026

Related signals

Other insiders at SharpLink Gaming, Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
35Weak
SBETsell 3
SharpLink Gaming, Inc.
Leslie Bernhard
director
$96k
12,892 shares
-34%
35Weak
SBETsell 3
SharpLink Gaming, Inc.
Obie McKenzie
director
$96k
12,892 shares
-34%
22Weak
SBETsell
SharpLink Gaming, Inc.
Robert Michael DeLucia
Chief Financial Officer
$18k
2,848 shares
-3%
55Moderate
SBETsell 3
SharpLink Gaming, Inc.
Leslie Bernhard
director
$351k
18,334 shares
-42%
55Moderate
SBETsell 3
SharpLink Gaming, Inc.
Robert M Gutkowski
director
$352k
18,334 shares
-42%
55Moderate
SBETsell 3
SharpLink Gaming, Inc.
Obie McKenzie
director
$351k
18,334 shares
-42%
47Moderate
SBETbuy 2
SharpLink Gaming, Inc.
Robert Michael DeLucia
Chief Financial Officer
$50k
7,440 shares
+112%
57Moderate
SBETbuy 2
SharpLink Gaming, Inc.
Rob Phythian
Chief Executive Officer
$300k
44,640 shares
+351%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.