Newsome James E 4

What Happened

Director James E. Newsome reported two sales of Cipher Digital (CIFR) stock. On 2026-05-11 he sold 3,342 shares at $20.96 each for $70,048, and on 2026-06-16 he sold 3,758 shares at $26.60 each for $99,963, for total proceeds of $170,011. Both transactions were reported with code S (sale) and listed as open‑market or private sales. These were disposals (sales), not purchases.

Key Details

• Transaction dates and prices:
  • 2026-05-11: 3,342 shares @ $20.96 = $70,048
  • 2026-06-16: 3,758 shares @ $26.60 = $99,963
• Combined: 7,100 shares sold for $170,011.
• Shares owned after the reported transactions: not specified in the Form 4 filing.
• Footnotes/plan: filing does not disclose a 10b5-1 trading plan or other special footnotes.
• Filing/timeliness: Form 4 was filed on 2026-06-18. The May 11 sale was reported more than a month later (late); the June 16 sale was reported within two days of filing.

Context

Insider sales are common and can reflect many reasons (diversification, liquidity, tax planning) and do not, by themselves, indicate company performance. No purchase or option exercise was reported here. Retail investors should view this as factual disclosure of two director sales and consider it alongside other insider trades and company fundamentals before drawing conclusions.