Director at Cipher Digital (CIFR) granted 3,862 common shares

Rhea-AI Filing Summary

Cipher Digital Inc. director Thomas David Duda reported an award of 3,862 shares of common stock on February 25, 2026. The filing describes this as a grant or other acquisition with a stated price of $0.0000 per share. Following this award, his directly held common stock position increased to 17,680 shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Duda Thomas David

(Last) (First) (Middle)

C/O CIPHER DIGITAL INC.

1 VANDERBILT AVENUE, FLOOR 54

(Street)

NEW YORK NY 10017

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Cipher Digital Inc. [ CIFR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/25/2026		A		3,862	A	$0	17,680	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ William Iwaschuk, Attorney-in-Fact for Thomas David Duda	02/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Cipher Digital (CIFR) disclose for Thomas David Duda?

Cipher Digital reported that director Thomas David Duda received 3,862 shares of common stock as a grant or award. The Form 4 classifies this as an acquisition transaction, increasing his directly held stake in the company’s common stock to 17,680 shares after the award.

How many Cipher Digital (CIFR) shares did Thomas David Duda acquire?

Thomas David Duda acquired 3,862 shares of Cipher Digital common stock through a grant or award. This non-cash transaction expanded his directly owned position, bringing his total holdings in the company’s common stock to 17,680 shares following the reported award transaction.

Was the Cipher Digital (CIFR) share award to Thomas David Duda a cash purchase?

The award was not a cash purchase; the transaction price per share was reported as $0.0000. The Form 4 categorizes it as a grant, award, or other acquisition, meaning the director received additional shares without paying cash consideration per share.

What is Thomas David Duda’s ownership in Cipher Digital (CIFR) after the award?

After the 3,862-share award, Thomas David Duda directly owns 17,680 shares of Cipher Digital common stock. The Form 4 specifies these shares as directly held, reflecting his updated beneficial ownership following the reported grant or award transaction on February 25, 2026.

How is the Cipher Digital (CIFR) insider transaction classified in the Form 4?

The transaction is classified under code "A" as a grant, award, or other acquisition of common stock. It involves 3,862 non-derivative shares, reported as directly owned afterward, and is treated as an acquisition rather than an open-market buy or sell.