Page Tyler 4
4 · Cipher Digital Inc. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Cipher Digital (CIFR) CEO Tyler Page Receives RSU Award
What Happened
Tyler Page, CEO of Cipher Digital Inc. (CIFR), received a grant of 1,263,424 restricted stock units (RSUs) on February 25, 2026. The award is recorded at $0 per share (derivative award); the RSUs represent contingent rights to receive one share of common stock upon vesting rather than an immediate purchase or sale.
Key Details
- Transaction date: 2026-02-25; Filing date: 2026-02-27 (Form 4 filed within the typical 2-business-day window).
- Transaction type/code: Award/Grant (A); 1,263,424 RSUs granted at $0.00.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote F1: Each RSU represents a contingent right to one share of common stock.
- Footnote F2: RSUs vest in equal quarterly installments over a three-year period, on March 31, June 30, September 30 and December 15 of each year, with the first vesting date on March 31, 2026, subject to the CEO’s continuous service.
Context
RSU grants are typically compensation awards that convert into actual shares only as they vest; they do not represent an immediate cash outlay or market sale. Because these are time-vested awards, they reflect executive compensation structure rather than an outright purchase or disposition by the insider.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-02-25+1,263,424→ 4,069,952 total→ Common Stock (1,263,424 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
- [F2]The RSUs vest in equal quarterly installments over a three-year period, on March 31, June 30, September 30 and December 15 of each year, with the first vesting date occurring on March 31, 2026, subject to the Reporting Person's continuous service on the applicable vesting date.