Cipher Digital (CIFR) director sells 14,567 shares in open-market trade

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Cipher Digital Inc. director Williams Wesley Hastie reported an open-market sale of 14,567 shares of Common Stock at $21.41 per share. After this transaction on May 21, 2026, he directly holds 115,409 shares, so the sale represents only a portion of his overall position.

Insights

Director executes a moderate open-market sale while retaining a sizable stake.

Director Williams Wesley Hastie sold 14,567 shares of Cipher Digital Inc. Common Stock in an open-market transaction at $21.41 per share. This is a discretionary sale, not a grant, tax withholding, or option exercise.

Following the trade, he directly holds 115,409 shares. The sale reduces his exposure but leaves a substantial remaining position, which suggests ongoing alignment with shareholders. With no derivatives reported in this filing, his equity exposure appears concentrated in common shares disclosed here.

Insider Trade Summary

Net Seller: 14,567 shares ($311,879)

Net Sell 1 txn

Insider Williams Wesley Hastie

Role null

Sold 14,567 shs ($312K)

Type	Security	Shares	Price	Value
Sale	Common Stock	14,567	$21.41	$312K

Holdings After Transaction: Common Stock — 115,409 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold: 14,567 shares Sale price: $21.41 per share Shares held after transaction: 115,409 shares +2 more

5 metrics

Shares sold 14,567 shares Common Stock sold in open-market transaction

Sale price $21.41 per share Price for Common Stock sale on May 21, 2026

Shares held after transaction 115,409 shares Director’s direct Common Stock holdings after sale

Net share direction -14,567 shares Net-sell direction from transactionSummary

Sell transaction count 1 transaction Single open-market sale reported in Form 4

Key Terms

open-market sale, Form 4, Common Stock, net-sell direction

4 terms

open-market sale financial

"Common Stock in an open-market transaction at $21.41 per share."

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4 regulatory

"according to the Form 4 insider trading report."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Common Stock financial

"sold 14,567 shares of Common Stock at $21.41 per share."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

net-sell direction financial

"transactionSummary shows a net-sell direction of -14,567 shares."

Form 4 Insider Transactions: What Each Field Means →

05/22/2026 - 05:47 PM

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Williams Wesley Hastie

(Last)

(First)

(Middle)

C/O CIPHER DIGITAL INC.

1 VANDERBILT AVENUE, FLOOR 54

(Street)

NEW YORK

10017

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/21/2026		S		14,567	D	$21.41	115,409	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

Remarks:

	/s/ William Iwaschuk, Attorney-in-Fact for Wesley Hastie Williams	05/22/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Cipher Digital (CIFR) disclose for Williams Wesley Hastie?

Cipher Digital Inc. disclosed that director Williams Wesley Hastie sold 14,567 shares of Common Stock. The shares were sold in an open-market transaction at a price of $21.41 per share, according to the Form 4 insider trading report.

At what price did the Cipher Digital (CIFR) director sell his shares?

Williams Wesley Hastie sold his Cipher Digital shares at $21.41 per share. This price applied to 14,567 shares of Common Stock in an open-market sale reported for the transaction dated May 21, 2026.

How many Cipher Digital (CIFR) shares does the director hold after the sale?

After the reported sale, director Williams Wesley Hastie holds 115,409 Cipher Digital shares. These holdings are reported as directly owned Common Stock, showing he retained a significant stake after selling 14,567 shares in the open market.

Was the Cipher Digital (CIFR) insider trade a purchase or a sale?

The insider trade reported for Cipher Digital director Williams Wesley Hastie was a sale. The Form 4 lists a transaction code “S” and describes it as an open-market sale of 14,567 shares of Common Stock at $21.41 per share.

Does the Cipher Digital (CIFR) Form 4 show any option exercises or derivatives?

The Form 4 for Cipher Digital director Williams Wesley Hastie does not list any derivative transactions. The filing shows only a non-derivative Common Stock sale and an empty derivativeSummary, indicating no options or other derivatives reported in this transaction.