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Patrick Kelly to sell 35,568 shares of issuer (NASDAQ: CIFR)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Patrick A. Kelly has filed a notice of proposed sale of 35,568 shares of common stock through Fidelity Brokerage Services LLC on the NASDAQ exchange, with an indicated aggregate market value of $568,198.80. The filing cites total shares outstanding of 395,092,054 and an approximate sale date of February 17, 2026.

The shares to be sold were acquired on January 1, 2024 via restricted stock vesting from the issuer as compensation. The notice also reports prior sales in the last three months: 26,580, 35,569 and 35,568 common shares, with gross proceeds of $377,581.94, $536,504.22 and $631,598.06, respectively.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

How many shares does Patrick A. Kelly plan to sell for CIFR?

Patrick A. Kelly plans to sell 35,568 shares of common stock. The proposed sale is to be executed through Fidelity Brokerage Services LLC on NASDAQ, with an indicated aggregate market value of $568,198.80 and an approximate sale date of February 17, 2026.

How were the CIFR shares that Patrick A. Kelly plans to sell acquired?

The 35,568 shares were acquired on January 1, 2024 through restricted stock vesting. The issuer granted these shares as compensation, rather than through a cash purchase, and they are now the subject of the planned Rule 144 sale described in the notice.

What recent CIFR stock sales has Patrick A. Kelly reported in the last 3 months?

The notice lists three recent sales of common stock: 26,580 shares on November 17, 2025, 35,569 shares on December 15, 2025, and 35,568 shares on January 15, 2026, with gross proceeds of $377,581.94, $536,504.22, and $631,598.06, respectively.

On which exchange and through which broker will the CIFR shares be sold?

The proposed transaction will be executed on the NASDAQ exchange. The broker named for the sale is Fidelity Brokerage Services LLC, located at 900 Salem Street, Smithfield, RI 02917, as specified in the securities information section of the notice.

How many CIFR shares are outstanding according to this notice?

The filing states that the issuer has 395,092,054 shares of common stock outstanding. This figure provides context for the planned Rule 144 sale of 35,568 shares and the previously reported transactions over the last three months by Patrick A. Kelly.

What representation does the seller make about inside information in this CIFR Form 144?

By signing the notice, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, consistent with the attestation language included in the Rule 144 notice form.
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