Kelly Patrick Arthur 4
4 · Cipher Digital Inc. · Filed May 14, 2026
Research Summary
AI-generated summary of this filing
Cipher Digital (CIFR) Co‑President/COO Kelly Patrick Arthur Sells 48,000 Shares
What Happened
Kelly Patrick Arthur, Co‑President and Chief Operating Officer of Cipher Digital (CIFR), sold 48,000 shares on May 12, 2026. The filing reports a weighted‑average sale price of $19.36 per share, for total proceeds of approximately $929,280. The sales were executed in multiple trades with prices ranging from $18.67 to $20.11.
Key Details
- Transaction date: 2026-05-12; filing date: 2026-05-14 (filed two days after the trade, which appears timely).
- Reported aggregate shares sold: 48,000; weighted‑average price: $19.36; price range: $18.67–$20.11.
- Shares owned after the transaction: not specified in the provided filing.
- Footnote: the reporting person says the sales were executed in multiple trades and will provide on request the number of shares sold at each separate price within the stated range.
- Transaction code: S (sale) — open market or private sale.
Context
This was a sale, which is often routine for insiders (e.g., liquidity, diversification, tax needs) and generally less informative about company prospects than purchases. The filer has offered to supply a transaction‑by‑transaction price breakdown upon request, which can clarify exactly how many shares traded at each price within the reported range.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-05-12$19.36/sh−48,000$929,280→ 1,451,856 total
Footnotes (1)
- [F1]1. The sales were executed in multiple trades at prices ranging from $18.67 to $20.11. 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.