Khan Nazar M. 4
4 · TERAWULF INC. · Filed Jan 2, 2026
Insider Transaction Report
Form 4
TERAWULF INC.WULF
Khan Nazar M.
DirectorChief Technology Officer
Transactions
- Award
Restricted Stock Units
2026-01-02+6,541,078→ 6,541,078 total→ Common stock, $0.001 par value per share (6,541,078 underlying) - Award
Performance-Based Restricted Stock Units
2026-01-02+3,270,539→ 3,270,539 total→ Common stock, $0.001 par value per share (3,270,539 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.