4Filed Aug 16, 8:00 PM ET

Terawulf (WULF) Director Michael C. Bucella Buys 5,883 Shares

$WULF · TERAWULF INC.

Research Summary

AI-generated summary of this SEC filing

Updated

Terawulf (WULF) Director Michael C. Bucella Buys 5,883 Shares

What Happened
Michael C. Bucella, a director of Terawulf Inc. (WULF), made two open-market purchases totaling 5,883 shares. On 2026-08-14 he acquired 3,023 shares at $16.54 each (≈ $49,985) and on 2026-08-17 he acquired 2,860 shares at $17.47 each (≈ $49,964). These were outright purchases (transaction code P), which are typically viewed as a direct buy of company stock.

Key Details

  • Transaction dates and prices:
    • 2026-08-14: 3,023 shares @ $16.54 = $49,985
    • 2026-08-17: 2,860 shares @ $17.47 = $49,964
  • Total shares purchased: 5,883; total cash spent: ≈ $99,949.
  • Shares owned after transaction: Not stated in the provided filing details.
  • Plan/footnotes: No 10b5-1 plan, tax withholding, or other special footnotes indicated in the reported transactions.
  • Filing timeliness: Form 4 was filed on 2026-08-17; timing appears timely for both transactions (filed same day as the 8/17 purchase and within the reporting window for the 8/14 purchase).

Context: Purchases by directors are straightforward buy transactions and can be interpreted by investors as a direct investment of personal funds into the company; filings do not explain motivation. No options exercises, gifts, or sales were reported in this filing.