Bartholomew David James 4

What Happened

• Bartholomew David James, a director of IREN Ltd (IREN), was granted 8,369 restricted stock units (RSUs) on July 1, 2026. The filing reports the grant at $0.00 per share (total recorded value $0), reflecting an award rather than a purchase.
• This is an award/grant (transaction code A). RSUs represent a promise of future shares subject to vesting; they are not an immediate open-market purchase or sale.

Key Details

• Transaction date: 2026-07-01; Price reported: $0.00 per share; Shares granted: 8,369.
• Shares owned after transaction: Not specified in the filing.
• Footnote: The RSUs "will vest subject to the Reporting Person's satisfaction of applicable vesting conditions" (vesting conditions apply).
• Filing timeliness: Report filed the same day (2026-07-01); no late filing indicated.

Context

• RSU grants are compensation awards that convert to shares only if vesting conditions are met; they do not represent immediate cash proceeds and are different from exercised options or open-market purchases/sales.
• Such grants are common as director or executive compensation and should be viewed as potential future equity rather than an immediate insider purchase signal.