AGÕæÈ˹ٷ½

STOCK TITAN

[Form 4] TeraWulf Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

TeraWulf Director Lisa A. Prager reported multiple transactions involving restricted stock units (RSUs) in this Form 4 filing:

  • On June 21, 2025, 21,661 RSUs vested and were converted to common stock, increasing her direct holdings to 248,375 shares
  • On June 23, 2025, she was granted 56,023 new RSUs that will vest on June 23, 2026, subject to continued service

The transactions reflect standard equity compensation for board service, with RSUs converting to common stock on a 1:1 basis. The vesting schedule follows a one-year cliff vesting pattern, requiring continued service with TeraWulf. These changes in beneficial ownership indicate ongoing alignment between director and shareholder interests through equity-based compensation.

Lisa A. Prager, Direttrice di TeraWulf, ha riportato diverse operazioni relative a unità azionarie vincolate (RSU) in questo modulo 4:

  • Il 21 giugno 2025, 21.661 RSU sono maturate e convertite in azioni ordinarie, portando la sua partecipazione diretta a 248.375 azioni
  • Il 23 giugno 2025, le sono state assegnate 56.023 nuove RSU che matureranno il 23 giugno 2026, subordinatamente alla continuazione del servizio

Queste operazioni rappresentano una normale forma di compenso azionario per il servizio nel consiglio, con le RSU che vengono convertite in azioni ordinarie in rapporto 1:1. Il piano di maturazione prevede un periodo di vesting a scaglione di un anno, richiedendo la permanenza in servizio presso TeraWulf. Questi cambiamenti nella proprietà effettiva riflettono un continuo allineamento tra gli interessi del direttore e degli azionisti tramite la remunerazione basata su azioni.

Lisa A. Prager, Directora de TeraWulf, informó múltiples transacciones relacionadas con unidades de acciones restringidas (RSU) en este formulario 4:

  • El 21 de junio de 2025, 21,661 RSU se consolidaron y convirtieron en acciones comunes, aumentando su participación directa a 248,375 acciones
  • El 23 de junio de 2025, se le otorgaron 56,023 nuevas RSU que se consolidarán el 23 de junio de 2026, sujeto a la continuidad del servicio

Estas transacciones reflejan una compensación estándar en acciones por el servicio en la junta, con las RSU convirtiéndose en acciones comunes en una proporción 1:1. El calendario de consolidación sigue un patrón de consolidación con período de un año, requiriendo la continuidad en el servicio con TeraWulf. Estos cambios en la propiedad beneficiaria indican una alineación continua entre los intereses del director y los accionistas mediante la compensación basada en acciones.

í…Œë¼ìš¸í”„ ì´ì‚¬ 리사 A. 프래ê±�ëŠ� ì� Form 4 신고서ì—ì„� 제한 ì£¼ì‹ ë‹¨ìœ„(RSU)와 ê´€ë ¨ëœ ì—¬ëŸ¬ 거래ë¥� 보고했습니다:

  • 2025ë…� 6ì›� 21ì�, 21,661 RSUê°€ 성숙하여 보통주로 전환ë˜ì—ˆìœ¼ë©°, 그녀ì� ì§ì ‘ 보유 ì£¼ì‹ ìˆ˜ëŠ” 248,375주로 ì¦ê°€í–ˆìŠµë‹ˆë‹¤
  • 2025ë…� 6ì›� 23ì�, 56,023ê°œì˜ ìƒˆë¡œìš� RSUê°€ 부여ë˜ì—ˆìœ¼ë©�, 2026ë…� 6ì›� 23ì¼ì— 성숙í•� 예정ì´ë©° ì§€ì†ì ì� 근무가 조건입니ë‹�

ì� ê±°ëž˜ë“¤ì€ ì´ì‚¬íš� ì„œë¹„ìŠ¤ì— ëŒ€í•� 표준 ì£¼ì‹ ë³´ìƒìœ¼ë¡œ, RSUëŠ� 1:1 비율ë¡� 보통주로 전환ë©ë‹ˆë‹�. 성숙 ì¼ì •ì€ 1ë…� í´ë¦¬í”� 베스íŒ� 패턴ì� 따르ë©�, í…Œë¼ìš¸í”„ì—서 ì§€ì†ì ì� 근무가 요구ë©ë‹ˆë‹�. ì´ëŸ¬í•� 실질 소유ê¶� 변화는 ì£¼ì‹ ê¸°ë°˜ ë³´ìƒì� 통해 ì´ì‚¬ì™€ 주주 ê°„ì˜ ì§€ì†ì ì� ì´í•´ê´€ê³� ì¼ì¹˜ë¥� 나타냅니ë‹�.

Lisa A. Prager, directrice de TeraWulf, a déclaré plusieurs opérations impliquant des unités d'actions restreintes (RSU) dans ce dépôt Formulaire 4 :

  • Le 21 juin 2025, 21 661 RSU ont été acquises et converties en actions ordinaires, portant sa détention directe à 248 375 actions
  • Le 23 juin 2025, elle a reçu 56 023 nouvelles RSU qui seront acquises le 23 juin 2026, sous réserve de la poursuite de son service

Ces opérations reflètent une rémunération standard en actions pour le service au conseil d'administration, les RSU se convertissant en actions ordinaires au ratio de 1 pour 1. Le calendrier d'acquisition suit un modèle de cliff vesting d'un an, nécessitant la poursuite du service chez TeraWulf. Ces changements dans la propriété bénéficiaire indiquent un alignement continu des intérêts entre la directrice et les actionnaires grâce à une rémunération basée sur des actions.

Lisa A. Prager, Direktorin von TeraWulf, meldete in dieser Form 4 mehrere Transaktionen im Zusammenhang mit Restricted Stock Units (RSUs):

  • Am 21. Juni 2025 sind 21.661 RSUs fällig geworden und in Stammaktien umgewandelt worden, wodurch ihr Direktbestand auf 248.375 Aktien anstieg
  • Am 23. Juni 2025 wurden ihr 56.023 neue RSUs gewährt, die am 23. Juni 2026 fällig werden, vorbehaltlich fortgesetzter Dienstzeit

Die Transaktionen spiegeln eine übliche Aktienvergütung für die Vorstandsarbeit wider, wobei RSUs im Verhältnis 1:1 in Stammaktien umgewandelt werden. Der Vesting-Plan folgt einem Einjahres-Cliff-Vesting-Muster und erfordert eine fortgesetzte Tätigkeit bei TeraWulf. Diese Änderungen des wirtschaftlichen Eigentums zeigen eine fortlaufende Ausrichtung der Interessen von Direktorin und Aktionären durch aktienbasierte Vergütung.

Positive
  • Director Lisa A. Prager received a new grant of 56,023 RSUs, demonstrating continued alignment with shareholder interests and long-term commitment to the company
Negative
  • None.

Lisa A. Prager, Direttrice di TeraWulf, ha riportato diverse operazioni relative a unità azionarie vincolate (RSU) in questo modulo 4:

  • Il 21 giugno 2025, 21.661 RSU sono maturate e convertite in azioni ordinarie, portando la sua partecipazione diretta a 248.375 azioni
  • Il 23 giugno 2025, le sono state assegnate 56.023 nuove RSU che matureranno il 23 giugno 2026, subordinatamente alla continuazione del servizio

Queste operazioni rappresentano una normale forma di compenso azionario per il servizio nel consiglio, con le RSU che vengono convertite in azioni ordinarie in rapporto 1:1. Il piano di maturazione prevede un periodo di vesting a scaglione di un anno, richiedendo la permanenza in servizio presso TeraWulf. Questi cambiamenti nella proprietà effettiva riflettono un continuo allineamento tra gli interessi del direttore e degli azionisti tramite la remunerazione basata su azioni.

Lisa A. Prager, Directora de TeraWulf, informó múltiples transacciones relacionadas con unidades de acciones restringidas (RSU) en este formulario 4:

  • El 21 de junio de 2025, 21,661 RSU se consolidaron y convirtieron en acciones comunes, aumentando su participación directa a 248,375 acciones
  • El 23 de junio de 2025, se le otorgaron 56,023 nuevas RSU que se consolidarán el 23 de junio de 2026, sujeto a la continuidad del servicio

Estas transacciones reflejan una compensación estándar en acciones por el servicio en la junta, con las RSU convirtiéndose en acciones comunes en una proporción 1:1. El calendario de consolidación sigue un patrón de consolidación con período de un año, requiriendo la continuidad en el servicio con TeraWulf. Estos cambios en la propiedad beneficiaria indican una alineación continua entre los intereses del director y los accionistas mediante la compensación basada en acciones.

í…Œë¼ìš¸í”„ ì´ì‚¬ 리사 A. 프래ê±�ëŠ� ì� Form 4 신고서ì—ì„� 제한 ì£¼ì‹ ë‹¨ìœ„(RSU)와 ê´€ë ¨ëœ ì—¬ëŸ¬ 거래ë¥� 보고했습니다:

  • 2025ë…� 6ì›� 21ì�, 21,661 RSUê°€ 성숙하여 보통주로 전환ë˜ì—ˆìœ¼ë©°, 그녀ì� ì§ì ‘ 보유 ì£¼ì‹ ìˆ˜ëŠ” 248,375주로 ì¦ê°€í–ˆìŠµë‹ˆë‹¤
  • 2025ë…� 6ì›� 23ì�, 56,023ê°œì˜ ìƒˆë¡œìš� RSUê°€ 부여ë˜ì—ˆìœ¼ë©�, 2026ë…� 6ì›� 23ì¼ì— 성숙í•� 예정ì´ë©° ì§€ì†ì ì� 근무가 조건입니ë‹�

ì� ê±°ëž˜ë“¤ì€ ì´ì‚¬íš� ì„œë¹„ìŠ¤ì— ëŒ€í•� 표준 ì£¼ì‹ ë³´ìƒìœ¼ë¡œ, RSUëŠ� 1:1 비율ë¡� 보통주로 전환ë©ë‹ˆë‹�. 성숙 ì¼ì •ì€ 1ë…� í´ë¦¬í”� 베스íŒ� 패턴ì� 따르ë©�, í…Œë¼ìš¸í”„ì—서 ì§€ì†ì ì� 근무가 요구ë©ë‹ˆë‹�. ì´ëŸ¬í•� 실질 소유ê¶� 변화는 ì£¼ì‹ ê¸°ë°˜ ë³´ìƒì� 통해 ì´ì‚¬ì™€ 주주 ê°„ì˜ ì§€ì†ì ì� ì´í•´ê´€ê³� ì¼ì¹˜ë¥� 나타냅니ë‹�.

Lisa A. Prager, directrice de TeraWulf, a déclaré plusieurs opérations impliquant des unités d'actions restreintes (RSU) dans ce dépôt Formulaire 4 :

  • Le 21 juin 2025, 21 661 RSU ont été acquises et converties en actions ordinaires, portant sa détention directe à 248 375 actions
  • Le 23 juin 2025, elle a reçu 56 023 nouvelles RSU qui seront acquises le 23 juin 2026, sous réserve de la poursuite de son service

Ces opérations reflètent une rémunération standard en actions pour le service au conseil d'administration, les RSU se convertissant en actions ordinaires au ratio de 1 pour 1. Le calendrier d'acquisition suit un modèle de cliff vesting d'un an, nécessitant la poursuite du service chez TeraWulf. Ces changements dans la propriété bénéficiaire indiquent un alignement continu des intérêts entre la directrice et les actionnaires grâce à une rémunération basée sur des actions.

Lisa A. Prager, Direktorin von TeraWulf, meldete in dieser Form 4 mehrere Transaktionen im Zusammenhang mit Restricted Stock Units (RSUs):

  • Am 21. Juni 2025 sind 21.661 RSUs fällig geworden und in Stammaktien umgewandelt worden, wodurch ihr Direktbestand auf 248.375 Aktien anstieg
  • Am 23. Juni 2025 wurden ihr 56.023 neue RSUs gewährt, die am 23. Juni 2026 fällig werden, vorbehaltlich fortgesetzter Dienstzeit

Die Transaktionen spiegeln eine übliche Aktienvergütung für die Vorstandsarbeit wider, wobei RSUs im Verhältnis 1:1 in Stammaktien umgewandelt werden. Der Vesting-Plan folgt einem Einjahres-Cliff-Vesting-Muster und erfordert eine fortgesetzte Tätigkeit bei TeraWulf. Diese Änderungen des wirtschaftlichen Eigentums zeigen eine fortlaufende Ausrichtung der Interessen von Direktorin und Aktionären durch aktienbasierte Vergütung.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Prager Lisa A.

(Last) (First) (Middle)
C/O TERAWULF INC.
9 FEDERAL STREET

(Street)
EASTON MD 21601

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TERAWULF INC. [ WULF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/21/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common stock, $0.001 par value per share 06/21/2025 M 21,661 A (1) 248,375 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (2) 06/21/2025 M 21,661 (3) (3) Common stock, $0.001 par value per share 21,661 $0 0 D
Restricted Stock Units (2) 06/23/2025 A 56,023 (4) (4) Common stock, $0.001 par value per share 56,023 $0 56,023 D
Explanation of Responses:
1. The Reporting Person received restricted stock units which vested upon the first anniversary of June 21, 2024, subject to the Reporting Person's continued employment or service with the Issuer through such date.
2. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock, $0.001 par value per share.
3. The restricted stock units vested upon the first anniversary of June 21, 2024, subject to the Reporting Person's continued employment or service with the Issuer through such date.
4. The restricted stock units will vest upon the first anniversary of June 23, 2025, subject to the Reporting Person's continued employment or service with the Issuer through such date.
Remarks:
/s/ Stefanie C. Fleischmann, as attorney-in-fact for Lisa A. Prager 06/24/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many WULF shares did Lisa Prager acquire on June 21, 2025?

Lisa Prager acquired 21,661 shares of WULF common stock on June 21, 2025 through the vesting of restricted stock units (RSUs). Following this transaction, she beneficially owned 248,375 shares directly.

What new RSU grant did WULF director Lisa Prager receive in June 2025?

On June 23, 2025, Lisa Prager was granted 56,023 new restricted stock units (RSUs) of WULF. These RSUs will vest on the first anniversary of the grant date (June 23, 2026), subject to her continued service with TeraWulf.

When will Lisa Prager's new WULF RSUs vest?

The 56,023 RSUs granted to Lisa Prager on June 23, 2025, will vest on June 23, 2026 (the first anniversary of the grant date), provided she maintains continued employment or service with TeraWulf through that date.

What is Lisa Prager's current position at WULF?

According to the Form 4 filing, Lisa Prager serves as a Director on TeraWulf's (WULF) Board of Directors. This is indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.

How many WULF shares does Lisa Prager own after the June 2025 transactions?

Following the reported transactions, Lisa Prager directly owns 248,375 shares of WULF common stock. Additionally, she holds 56,023 unvested restricted stock units that will convert to common shares upon vesting in June 2026.
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2.05B
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Capital Markets
Finance Services
United States
EASTON