SharpLink CEO Rob Phythian steps down; Joseph Chalom sole CEO; ETH treasury holds 863K

Sharplink, Inc.

Rob Phythian terminated as Co-CEO and President effective Dec 15, 2025; replaced by Joseph Chalom as sole CEO and Board member.
Phythian receives $1.98M cash severance, $144,658 pro-rated 2025 incentive, health subsidies, and vesting of 316,127 RSUs.
ETH holdings of 863,424 (639,241 native, 224,183 LsETH) as of Dec 14; generated 9,241 staking rewards since June 2, 2025.
Institutional ownership rose from low single digits to >30% in Q3 2025; ETH-per-share more than doubled.
Bylaws amended to conform to DGCL amendments; procedural changes only.

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