Terawulf (WULF) CAO William Tanimoto Exercises RSUs

What Happened
William Joseph Tanimoto, Chief Accounting Officer of Terawulf Inc. (WULF), reported the conversion/vesting of restricted stock units (RSUs) on August 16, 2026. The Form 4 shows two derivative transactions coded M: 6,666 shares acquired (conversion of RSUs) and 6,666 shares disposed (listed as a derivative disposition). No per-share prices or total dollar values are provided in the filing.

Key Details

• Transaction date: August 16, 2026; Form 4 filed August 17, 2026 (timely filing).
• Reported transactions: M (exercise/conversion of derivative) — 6,666 shares acquired; M — 6,666 shares disposed.
• Price/Value: Not reported (N/A) in the filing.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: RSUs vested on the third anniversary of August 16, 2023, subject to continued employment (F1, F3). Each RSU represents a contingent right to one share of common stock (F2).
• The filing does not state the reason for the derivative disposal (e.g., net settlement, tax withholding) or whether any shares were sold on the open market.

Context
This was a vesting/conversion event for RSUs rather than an open-market purchase or sale. For retail investors, purchases are often interpreted as a stronger bullish signal than routine vesting or net-settlement activity; this filing documents the mechanics of RSU vesting/conversion rather than an explicit buy or sell decision by the insider.