GROSSMAN CARY M 4

What Happened
Cary M. Grossman, a director of Cipher Digital, received an award of 8,299 shares reported as an acquisition (code A) on 2026-06-03. The filing lists a reported price of $0.00 per share (total reported value $0), which indicates the shares were granted rather than bought in the open market.

Key Details

• Transaction date: 2026-06-03; Form 4 filed: 2026-06-05 (timely reporting, within required two business days).
• Transaction type/code: A (Grant/Award/Other acquisition).
• Shares acquired: 8,299; reported price: $0.00; reported total value: $0.00.
• Shares owned after transaction: not specified in the provided excerpt—check the full Form 4 on EDGAR for post-transaction holdings.
• Footnotes/conditions: none provided in the excerpt; full filing may include vesting, tax withholding, or other restrictions.

Context
A grant (award) is an acquisition for reporting purposes but is typically part of compensation (e.g., restricted stock or RSUs) rather than an open-market purchase or sale. A reported $0.00 price generally reflects that the shares were granted; it does not represent market value or cash paid. Review the full Form 4 and the company's proxy/SEC filings for details on vesting schedules, dilution effects, and whether the award is tied to performance or retention.