Transaction details
Sharplink, Inc. (SBET:SBET) Chief Financial Officer Robert Michael DeLucia sold 2,848 shares of common stock on March 31, 2026, at a sale price of $6.2135 per share, for total proceeds of $17,696. The company’s shares were trading at $6.45 at the time the report noted, and the stock has moved down roughly 63% over the prior six months while showing a 64% gain over the past year.
On the same date, DeLucia also recorded the acquisition of 10,904 shares of common stock at an acquisition price of $0. These shares were issued on the vesting of restricted stock units that had been granted on March 19, 2025. After the sale and the vesting-related receipt of shares, DeLucia directly owns 93,098 shares of Sharplink.
Company capitalization and analyst view
An InvestingPro analysis cited in the company’s disclosures indicates the stock appears undervalued at current market levels and notes that Sharplink maintains more cash than debt on its balance sheet. The InvestingPro platform is reported to provide 16 additional ProTips and broader analysis for SBET investors.
Separately, Citizens adjusted its price objective on Sharplink, lowering it to $40 from $50 while retaining a Market Outperform rating. Citizens’ revised target is described as based on roughly 1.5 times its second-quarter 2027 estimated modified net asset value of $26.07. In its commentary, Citizens characterizes the stock as a way to gain exposure to Ethereum and notes a temporary disconnect in valuation.
Corporate and asset disclosures
Recent filings show institutional ownership of Sharplink’s common stock at 46% as of December 31, 2025, based on Form 13F data referenced in the company’s disclosure. The company also disclosed holding 867,798 ETH, reported to be valued at approximately $1.72 billion as of February 15, 2026. Since June 2025 the company has generated 13,615 ETH in staking rewards, according to the same disclosure.
Sharplink’s corporate identity was also updated earlier this year. Effective February 3, 2026, the company’s name changed from SharpLink Gaming, Inc. to Sharplink, Inc., as reflected in an amendment to its Amended and Restated Certificate of Incorporation filed with the Delaware Secretary of State.
What this means for holdings and management ownership
The combination of DeLucia’s sale, the contemporaneous vesting of restricted stock units, and the reported corporate metrics leaves the CFO with 93,098 directly owned shares. The sale generated $17,696 in proceeds and the receipt of vested shares added 10,904 common shares without cash cost to DeLucia’s position.
The disclosures included here cover insider activity, analyst positioning, institutional ownership levels, cryptocurrency asset holdings, staking reward generation, and a formal corporate name change.