Cipher Digital CEO gifts 400,000 CIFR shares
Cipher Digital Inc. director and CEO Page Tyler reported an insider transaction involving the company’s common stock.
Rhea-AI Filing Summary
Cipher Digital Inc. director and CEO Page Tyler reported an insider transaction involving the company’s common stock. On May 12, 2026, Tyler made a bona fide gift of 400,000 shares of common stock to Impa Holdings LLC, an entity associated with the Tyler family. Following this gift, Tyler’s Form 4 shows 8,107,180 shares of Cipher Digital common stock held in a direct ownership capacity, while 400,000 shares are reflected as held indirectly through Impa Holdings LLC, over which Tyler has investment authority.
Positive
- None.
Negative
- None.
Insider Trade Summary
400,000 shares gifted
Gift
2 txns
Insider
Page Tyler
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 400,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,107,180 shares (Direct);
Common Stock — 400,000 shares (Indirect, See Footnote)
Footnotes (1)
- F1. On May 12, 2026, the Reporting Person transferred 400,000 shares of the Issuer's 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 Person's immediate family over which the Reporting Person has investment authority.
Key Figures
Gifted shares: 400,000 shares
Direct holdings after transaction: 8,107,180 shares
Indirect holdings: 400,000 shares
+2 more
5 metrics
Gifted shares
400,000 shares
Bona fide gift of common stock on May 12, 2026
Direct holdings after transaction
8,107,180 shares
Common stock directly owned following the gift
Indirect holdings
400,000 shares
Common stock held indirectly through Impa Holdings LLC
Gift transactions count
1 transaction
Single bona fide gift reported in transaction summary
Gifted share total
400,000 shares
Total giftShares value in transaction summary
Key Terms
bona fide gift, indirect ownership, investment authority, Form 4, +1 more
5 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect ownership financial
"direct_or_indirect: "I", ownership_type: "indirect""
investment authority financial
"the Reporting Person has investment authority"
Form 4 regulatory
"INSIDER FILING DATA (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.
Chief Executive Officer financial
"officer_title: "Chief Executive Officer""
A chief executive officer (CEO) is the top leader of a company, responsible for making major decisions, setting goals, and guiding the organization’s overall direction. Think of the CEO as the captain of a ship, steering it toward success. Investors pay close attention to the CEO because their leadership and strategy can significantly influence the company's performance and future growth.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Cipher Digital (CIFR) report for Page Tyler?
Cipher Digital CEO Page Tyler reported a bona fide gift of 400,000 shares of common stock on May 12, 2026. The shares were transferred to Impa Holdings LLC, an entity associated with Tyler’s immediate family, as disclosed in the Form 4 footnote.
What does the bona fide gift in Cipher Digital’s (CIFR) Form 4 mean for investors?
The bona fide gift reflects a transfer of 400,000 shares from Page Tyler to a related family entity, not a market sale. Such gifts typically indicate estate or family planning, and the filing shows Tyler retaining over eight million shares directly after the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
