Cipher Digital (CIFR) CEO Page Tyler gifts 400,000 shares to family entity

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.

Insider Trade Summary

400,000 shares gifted

Mixed 2 txns

Insider Page Tyler

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Gift	Common Stock	400,000	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 8,107,180 shares (Direct, null); Common Stock — 400,000 shares (Indirect, See Footnote)

Footnotes (1)

1. [object Object]

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.

Form 4 Insider Transactions: What Each Field Means →

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^*

Page Tyler

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/12/2026		G		400,000	D	$0	8,107,180	D
Common Stock								400,000	I	See Footnote(1)

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:

1. 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.

Remarks:

	/s/ William Iwaschuk, Attorney-in-Fact for Tyler Page	05/14/2026
	** 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)

FAQ

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.

How many Cipher Digital (CIFR) shares did Page Tyler gift?

Page Tyler gifted 400,000 shares of Cipher Digital common stock in a single bona fide gift transaction. The transfer moved these shares to Impa Holdings LLC, while Tyler’s remaining direct holdings and indirect investment authority are detailed in the same Form 4 filing.

Who received the 400,000 gifted Cipher Digital (CIFR) shares?

The 400,000 gifted Cipher Digital shares were transferred to Impa Holdings LLC. According to the filing, Tyler is the managing member, and all membership interests are held by a family trust for certain relatives, over which Tyler has investment authority.

How many Cipher Digital (CIFR) shares does Page Tyler hold after the gift?

After the gift, Page Tyler is shown holding 8,107,180 Cipher Digital common shares directly. The Form 4 also reports 400,000 shares held indirectly through Impa Holdings LLC, reflecting Tyler’s investment authority over the family trust that owns the LLC.

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.

Is the Cipher Digital (CIFR) insider transaction a market sale of shares?

No, the disclosed transaction is coded as a bona fide gift, not a market sale. The 400,000 Cipher Digital shares were transferred to Impa Holdings LLC at a stated price of $0.00, indicating a non-cash transfer rather than an open-market disposition.