GROSSMAN CARY M 4

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.