Roberts William Gregory 4

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.