Kelly Patrick Arthur 4

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.