Roberts Daniel John 4

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.