Prager Paul B. 4
4 · TERAWULF INC. · Filed Jan 2, 2026
Insider Transaction Report
Form 4
TERAWULF INC.WULF
Prager Paul B.
DirectorChief Executive Officer
Transactions
- Award
Restricted Stock Units
2026-01-02+7,849,294→ 7,849,294 total→ Common stock, $0.001 par value per share (7,849,294 underlying) - Award
Performance-Based Restricted Stock Units
2026-01-02+3,924,647→ 3,924,647 total→ Common stock, $0.001 par value per share (3,924,647 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock, $0.001 par value per share ("Common Stock").
- [F2]One-third (1/3rd) of the restricted stock units shall vest upon each of the first three anniversaries of January 2, 2026, subject to the Reporting Person's continued employment or service with the Issuer through each such date.
- [F3]Each performance stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- [F4]The performance stock units will vest in accordance with their terms upon the achievement of specified performance goals between the grant date and the third anniversary of January 2, 2026, subject to the Reporting Person's continued employment or service with the Issuer through each such date.