Roberts Daniel John 4
4 · IREN Ltd · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
IREN CEO Daniel Roberts Receives Large RSU Award
What Happened
- Daniel John Roberts, Chief Executive Officer of IREN Ltd (IREN), was granted/received two equity awards on July 1, 2026: 9,099,328 shares (RSUs) and 552,197 shares/RSUs. Both entries show an acquisition price of $0.00 (awards, not market purchases), for a combined total of 9,651,525 shares awarded or vested.
Key Details
- Transaction date: 2026-07-01; transaction type: Award/Grant (code A); price reported: $0.00.
- Total awarded/received: 9,099,328 and 552,197 shares (combined 9,651,525).
- Shares owned after transaction: not specified in the Form 4 filing.
- Notable footnotes from the filing:
- F1: The 9,099,328 RSUs are a FY2027 RSU grant that vests in equal annual installments over four years and is subject to a combined six-year vesting and holding period; after vesting each installment has a two‑year post‑vesting holding restriction (final installment’s hold extends to fiscal 2033). The grant also pauses further equity awards to the CEO until the Company’s 2031 fiscal year.
- F2: The 552,197 entry relates to ordinary shares/RSUs held through the Awassi Capital Trust #2, controlled by the Reporting Person; the CEO disclaims beneficial ownership except to the extent of pecuniary interest.
- F3: The filing also notes the vesting of a previously granted TSR performance RSU award.
- Filing timeliness: reported with the same report date (filed for the period 2026-07-01); the Form 4 does not indicate a late filing.
Context
- These were awards/vestings (not open-market purchases or sales). RSUs convert to shares only upon vesting and any post-vesting holding restrictions mean the CEO cannot immediately monetize some or all of the award.
- Awards are compensation decisions by the company and do not by themselves indicate immediate insider buying or selling sentiment; their ultimate value to the CEO depends on IREN’s future share price and satisfaction of vesting/holding conditions.
Insider Transaction Report
Form 4
IREN LtdIREN
Roberts Daniel John
DirectorCo-Chief Executive Officer
Transactions
- Award
Ordinary Shares
[F1][F2]2026-07-01+9,099,328→ 23,089,024 total(indirect: By Trust) - Award
Ordinary Shares
[F3][F2]2026-07-01+552,197→ 23,641,221 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 #2, 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 Daniel J. Roberts|2026-07-01