GROSSMAN CARY M 4
4 · Cipher Digital Inc. · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
Cipher Digital (CIFR) Director Cary M. Grossman Sells 30,000 Shares
What Happened
- Cary M. Grossman, a director of Cipher Digital, sold 30,000 shares in an open-market transaction on March 23, 2026. The weighted average sale price was $14.54 per share, for total proceeds of approximately $436,200. This was a sale (not a purchase or award), which is commonly routine insider selling.
Key Details
- Transaction date and filing: Trade executed 2026-03-23; Form 4 filed 2026-03-25 (filed within the typical two-business-day window).
- Prices: Weighted average $14.54; individual trade prices ranged $14.53–$14.56 (see footnote).
- Shares sold: 30,000 (Disposition, code S).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: Reporting person can provide, upon request, full breakdown of the number of shares sold at each separate price within the $14.53–$14.56 range.
Context
- This was an open-market sale by a director. Sales do not necessarily indicate a change in company outlook; purchases are generally more informative about insider sentiment. No option exercises, awards, or gifts were reported in this transaction.
Insider Transaction Report
Form 4
GROSSMAN CARY M
Director
Transactions
- Sale
Common Stock
[F1]2026-03-23$14.54/sh−30,000$436,200→ 170,530 total
Footnotes (1)
- [F1]The sales were executed in multiple trades at prices ranging from $14.53 to $14.56. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
Signature
/s/ William Iwaschuk, Attorney-in-Fact for Cary M. Grossman|2026-03-24