Cipher Digital CEO amends report to add tax withholding
The chief executive officer's amended report adds tax-withholding share entries and lists 1,273,776 common shares after the PSU transaction.
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Rhea-AI Filing Summary
Cipher Digital Inc. (CIFR) CEO Tyler Page reported vesting on September 30, 2026, of 113,225 restricted stock units, 105,285 restricted stock units and 254,756 performance stock units. Each unit represents a contingent right to receive one common share, and corresponding common-stock acquisitions were reported. The RSUs vest in equal quarterly installments over three years subject to continuous service; earned PSUs vest in substantially equal quarterly installments, also subject to continuous service.
On the same date, Page reported 57,802, 53,748 and 130,053 common shares delivered or withheld for payment of exercise price or tax liability, each at $15.83 per share. The amendment states it adds shares withheld to satisfy tax withholding obligations. Page reported 1,273,776 common shares following the PSU transaction and an indirect 400,000-share holding through Impa Holdings LLC. A trust for certain members of his immediate family holds all LLC membership interests, and Page has investment authority over the trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F4 | 113,225 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F5 | 105,285 | $0.00 | $0.00 |
| Exercise | Performance Stock Units F2, F6 | 254,756 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 113,225 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 57,802 | $15.83 | $915K |
| Exercise | Common Stock F1 | 105,285 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 53,748 | $15.83 | $851K |
| Exercise | Common Stock F2 | 254,756 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 130,053 | $15.83 | $2.06M |
| holding | Common Stock F3 | -- | -- | -- |
Footnotes (6)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
- F2. Each performance stock unit ("PSU") represents a contingent right to receive one share of Issuer's Common Stock.
- F3. On May 12, 2026, the Reporting Person transferred 400,000 shares of the Issuers Common Stock to Impa Holdings LLC. The Reporting Person serves as the managing member of Impa Holdings LLC, and 100% of its membership interests are held by a trust for the benefit of certain members of the Reporting Persons immediate family over which the Reporting Person has investment authority.
- F4. 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, subject to the Reporting Person's continuous service on the applicable vesting date. The first vesting date occurred on March 31, 2025.
- F5. 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, subject to the Reporting Person's continuous service on the applicable vesting date. The first vesting date occurred on March 31, 2026.
- F6. 1,019,022 earned PSUs vested on December 19, 2025, and the remaining earned PSUs vest in substantially equal quarterly installments, subject to the Reporting Person's continuous service on each vesting date. The first such vesting date occurred on March 31, 2026. These earned PSUs have no expiration date.
Key Figures
Key Terms
restricted stock unit financial
performance stock unit financial
contingent right financial
continuous service financial
quarterly installments financial
FAQ
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How many CIFR awards vested for CEO Tyler Page on September 30, 2026?
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