Carter Walter E. 4

What Happened

• Walter E. Carter, a director of TeraWulf Inc. (WULF), was issued 1,266 shares on June 30, 2026 as an award/compensation (transaction code A). The shares were valued at $24.70 each (closing price on June 30, 2026), for an aggregate value of roughly $31,270. This was a grant issued in lieu of cash retainers—not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-30; filing date: 2026-07-01 (appears timely).
• Price used for valuation (footnote): $24.70 per share (closing price on 6/30/2026).
• Shares issued: 1,266; approximate total value: $31,270.20.
• Shares owned after transaction: not reported in the provided filing.
• Footnote: shares were issued in lieu of cash retainers accrued since the start of TeraWulf’s second fiscal quarter of 2026.
• Transaction code: A = Award/Grant.

Context

• This is routine director compensation (equity issued instead of cash retainer) and does not necessarily signal the director buying or selling based on company outlook. For retail investors, such grants are common and reflect compensation practices rather than direct market sentiment.