[144] Cipher Mining Inc. SEC Filing

Rhea-AI Filing Summary

Cipher Mining Inc. (CIFR) Form 144 notice reports a proposed sale of 44,870 common shares through Fidelity Brokerage Services with an aggregate market value of $484,755.78. The shares were acquired on 09/13/2023 from the issuer as restricted stock vesting and were received as compensation. The filing lists an approximate date of sale of 09/15/2025 and indicates 393,282,654 shares outstanding for the issuer. The notice also discloses a related sale by Patrick A. Kelly of 44,871 common shares on 08/15/2025 for gross proceeds of $233,304.50. Broker for the proposed sale is Fidelity Brokerage Services LLC. The filer attests there is no undisclosed material adverse information.

Insights

Securities Analyst

TL;DR: Insider-originated restricted shares of 44,870 are planned for sale under Rule 144; prior small sale occurred in August.

The Form 144 documents a routine Rule 144 notification for 44,870 common shares acquired by restricted stock vesting on 09/13/2023, to be sold through Fidelity with an aggregate market value of $484,755.78 and an indicated sale date of 09/15/2025. A related transaction by Patrick A. Kelly on 08/15/2025 for 44,871 shares generated gross proceeds of $233,304.50. This filing is procedural, documenting compliance with resale rules; it provides concrete quantities, dates, and broker details but no commentary on intent or company operations.

Corporate Governance Expert

TL;DR: The filing reflects standard insider compensation vesting and subsequent notice of resale under regulatory rules.

The notice shows shares were acquired via restricted stock vesting and paid as compensation, consistent with equity-based pay practices. The signer certifies absence of undisclosed material adverse information and the form includes broker and timing details required by Rule 144. The document lacks disclosure of the seller's relationship to the issuer and any trading plan dates, so governance context is limited to the procedural compliance evident in the filing.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	44870	484755.78	393282654	09/15/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/13/2023	Restricted Stock Vesting	Issuer			44870	09/13/2023	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Patrick A. Kelly 1 Vanderbilt Avenue Floor 54 New York NY 10017	Common	08/15/2025	44871	233304.50

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)