Parasuraman Sunita 4

What Happened

• Sunita Parasuraman, a director of IREN Ltd (IREN), received a grant of 6,657 restricted stock units (RSUs) on July 1, 2026. The Form 4 reports an acquisition price of $0.00 for the award — RSUs are granted without cash payment at grant and will convert to shares only if vesting conditions are met.

Key Details

• Transaction date: 2026-07-01
• Transaction type: Award/Grant (code A) — 6,657 RSUs granted at $0.00 reported acquisition price
• Shares owned after transaction: Not specified in the provided filing
• Footnote: F1 — the grant represents restricted stock units that will vest subject to the reporting person’s satisfaction of applicable vesting conditions
• Filing timeliness: Reported on 2026-07-01 (no late filing indicated in this record)

Context

• RSU grants are compensation awards, not open‑market purchases or sales; they do not represent an immediate cash outlay by the insider and only convert to actual shares if vesting conditions are met. Such awards are common for executives and directors and do not by themselves indicate a bullish or bearish view of the stock. For total insider holdings or vesting schedule details, consult the company’s proxy statement or subsequent filings.