Fleury Patrick 4

What Happened
Patrick Fleury, Chief Financial Officer of Terawulf Inc. (WULF), reported sales of 600,000 shares of Terawulf common stock in two transactions on March 17, 2026. The trades were executed at $16.14 per share: 573,586 shares for $9,257,678 and 26,414 shares for $426,322, for a combined total of approximately $9,684,000. The Form 4 lists these as open-market or private sales (transaction code S).

Key Details

• Transaction dates and prices: March 17, 2026 — 573,586 shares @ $16.14 ($9,257,678) and 26,414 shares @ $16.14 ($426,322).
• Total sold: 600,000 shares, total proceeds ≈ $9,684,000.
• Filing: Form 4 filed March 19, 2026, reporting the March 17 trades (filed within the standard 2-business-day Section 16 window).
• Shares owned after transaction: Not specified in the excerpt provided.
• Footnote: Sales reported "by Teton Rough Riders Mining LLC." Fleury is the managing manager of that LLC and may be deemed to beneficially own the LLC’s shares but disclaims beneficial ownership except to the extent of his pecuniary interest (per footnote F1).
• Transaction code: S = Sale (open market or private sale).

Context
This report documents direct sales of company stock by a named executive. Sales by insiders are common for reasons such as diversification, tax planning, or liquidity needs and are not by themselves proof of a change in insider sentiment or company fundamentals. No options were exercised and no awards, gifts, or tax-withholding actions are indicated in the provided filing.