STOCK TITAN

Cipher Digital (CIFR) director sells 15,000 shares at $29.43

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Cipher Digital Inc. director Cary M. Grossman reported an open-market sale of common stock. On 2026-06-18, he sold 15,000 shares of Cipher Digital at a weighted average price of $29.43 per share, in multiple trades between $29.37 and $29.59.

After this transaction, Grossman directly holds 143,829 shares of Cipher Digital common stock. The filing notes that detailed trade-by-trade pricing within the stated range is available upon request to the company, its security holders, or SEC staff.

Positive

  • None.

Negative

  • None.
Insider GROSSMAN CARY M
Role null
Sold 15,000 shs ($441K)
Type Security Shares Price Value
Sale Common Stock 15,000 $29.43 $441K
Holdings After Transaction: Common Stock — 143,829 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 15,000 shares Open-market sale of common stock on June 18, 2026
Weighted average sale price $29.43 per share Average price across multiple trades on June 18, 2026
Post-transaction holdings 143,829 shares Shares directly owned after the sale
Trade price range $29.37–$29.59 per share Range of individual execution prices for the sale
Net buy/sell direction Net sale of 15,000 shares Form 4 transaction summary
Form 4 regulatory
"footnote (1) to this Form 4"
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.
open-market sale financial
"transaction_action: "open-market sale""
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.
weighted average sale price financial
"The price reported reflects the weighted average sale price."
Reporting Person regulatory
"The Reporting Person undertakes to provide to the issuer"
non-derivative financial
"transaction_type: "non-derivative""
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SEC Form 4
FORM 4UNITED 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*
GROSSMAN CARY M

(Last)(First)(Middle)
C/O CIPHER DIGITAL INC.
1 VANDERBILT AVENUE, FLOOR 54

(Street)
NEW YORK 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/18/2026S15,000D$29.43(1)143,829D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The sales were executed in multiple trades at prices ranging from $29.37 to $29.59. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
Remarks:
/s/ William Iwaschuk, Attorney-in-Fact for Cary M. Grossman06/23/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Cipher Digital (CIFR) report for Cary M. Grossman?

Cipher Digital reported that director Cary M. Grossman sold 15,000 shares of common stock in an open-market transaction. The sale occurred on June 18, 2026 and is disclosed on a Form 4 insider trading report filed with the Securities and Exchange Commission.

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

The director’s sale used a weighted average price of $29.43 per share. According to the filing, individual trades were executed at prices ranging from $29.37 to $29.59, all on June 18, 2026, in open-market transactions.

How many Cipher Digital (CIFR) shares does Cary M. Grossman hold after the sale?

Following the reported sale, Cary M. Grossman directly holds 143,829 shares of Cipher Digital common stock. This post-transaction holding figure comes directly from the Form 4 and reflects his position after disposing of 15,000 shares in the open-market transaction.

What type of insider transaction was disclosed for Cipher Digital (CIFR)?

The Form 4 shows an open-market sale of Cipher Digital common stock by a director, coded as transaction type “S.” This means the shares were sold on the open market rather than granted, gifted, or transferred through tax withholding or option exercise.

How were the Cipher Digital (CIFR) insider sale prices distributed?

The filing notes that the 15,000 shares were sold in multiple trades between $29.37 and $29.59 per share. The reported $29.43 figure represents the weighted average sale price across all those individual transactions executed on June 18, 2026.