IREN Ltd·4

Jul 1, 4:40 PM ET

Roberts William Gregory 4

4 · IREN Ltd · Filed Jul 1, 2026

Research Summary

AI-generated summary of this filing

Updated

IREN CEO Roberts William Gregory Receives 9.65M RSU Award

What Happened
Roberts William Gregory, CEO of IREN Ltd (IREN), received two awards on 2026-07-01 totaling 9,651,525 restricted stock units (9,099,328 + 552,197). Each grant was reported at $0.00 per share (typical for RSU awards) — this is an equity award, not a purchase or sale.

Key Details

  • Transaction date: 2026-07-01. Price: $0.00 per share. Total awarded: 9,651,525 RSUs.
  • Vesting/holding: The primary grant (F1) vests in equal annual installments over four years (FY2027 onward) and is subject to a combined six-year vesting + holding period; each vested tranche is then subject to a two-year post-vesting holding restriction (final installment’s holding period extends to FY2033).
  • Consequence: As noted in F1, Mr. Roberts will not receive further equity incentive awards under the company plan until the 2031 fiscal year.
  • Trust holdings (F2): Some ordinary shares and RSUs are held through the Awassi Capital Trust #1, over which the Reporting Person controls the trustee; he disclaims beneficial ownership except for his pecuniary interest.
  • Previous award (F3): One item reflects the vesting of previously granted TSR performance RSUs.
  • Filing timeliness: The report lists the transaction and was filed with a 2026-07-01 report date — no late filing is indicated from the provided data.

Context
RSU grants provide future shares if vesting conditions are met; they are not cash purchases or sales and therefore are not a direct bullish/sell signal. The long combined vesting and post-vesting holding periods here limit near-term monetization of these shares.

Insider Transaction Report

Form 4
Period: 2026-07-01
Roberts William Gregory
DirectorCo-Chief Executive Officer
Transactions
  • Award

    Ordinary Shares

    [F1][F2]
    2026-07-01+9,099,32823,089,024 total(indirect: By Trust)
  • Award

    Ordinary Shares

    [F3][F2]
    2026-07-01+552,19723,641,221 total(indirect: By Trust)
Footnotes (3)
  • [F1]Represents a grant of restricted stock units ("RSUs") for fiscal year 2027 that will vest in equal annual installments over a four-year period following the grant date subject to the Reporting Person's satisfaction of applicable vesting conditions. As a result of the grant of RSUs, the Reporting Person will not receive any further equity incentive awards under the Issuer's equity incentive program until the Company's 2031 fiscal year. The grant is subject to a combined six-year vesting and holding period; following the vesting date of any RSUs, the RSUs will be subject to a two-year post-vesting holding period which will extend to fiscal year 2033 for the final installment, during which the Reporting Person generally may not sell, transfer, or otherwise monetize the vested RSUs.
  • [F2]Represents ordinary shares of IREN Limited and restricted stock units held through the Awassi Capital Trust #1, of which the Reporting Person has control over the trustee. The Reporting Person disclaims beneficial ownership of the ordinary shares and restricted stock units, except to the extent of his pecuniary interest therein.
  • [F3]Reflects the vesting of an outstanding award of TSR performance RSUs previously granted to the reporting person.
Signature
/s/ Cesilia Kim, attorney-in-fact for William G. Roberts|2026-07-01

Documents

1 file
  • 4
    ownership.xmlPrimary

    FORM 4