IREN director granted 6,657 share-based units

Parasuraman Sunita reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Parasuraman Sunita reported acquisition or exercise transactions in this Form 4 filing.

IREN Ltd director Parasuraman Sunita received a grant of 6,657 restricted stock units representing Ordinary Shares. The award was granted at a price of $0.00 per share as equity compensation and will vest only if specified vesting conditions are met. Following this grant, the director holds 76,691 Ordinary Shares directly.

Insider Trade Summary

Grant/Award: 6,657 shares

Grant/Award 1 txn

Insider Parasuraman Sunita

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Ordinary Shares	6,657	$0.00	$0.00

Holdings After Transaction: Ordinary Shares — 76,691 shares (Direct)

Footnotes (1)

1. F1. Represents a grant of restricted stock units that will vest subject to the Reporting Person's satisfaction of applicable vesting conditions.

Key Figures

RSUs granted: 6,657 units Grant price: $0.00 per share Shares after transaction: 76,691 shares +1 more

4 metrics

RSUs granted 6,657 units Restricted stock units representing Ordinary Shares granted to director

Grant price $0.00 per share Equity compensation award, non-cash transaction

Shares after transaction 76,691 shares Director’s direct holdings following the RSU grant

Transaction count (acquisitions) 1 transaction Single grant/award acquisition reported in this Form 4

Key Terms

restricted stock units, Grant, award, or other acquisition, Ordinary Shares, vesting conditions

4 terms

restricted stock units financial

"Represents a grant of restricted stock units that will vest subject to the Reporting Person's satisfaction of applicable vesting conditions."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

Ordinary Shares financial

"security_title: "Ordinary Shares""

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

vesting conditions financial

"will vest subject to the Reporting Person's satisfaction of applicable vesting conditions."

Vesting conditions are the rules that determine when someone earning company stock or stock options actually gains the right to keep or sell them, typically based on staying with the company for a set time or meeting performance targets. Think of it like keys that unlock gradually — some unlock by calendar date, others only after agreed milestones. Investors care because vesting shapes management incentives, the timing of share sales, and the number of shares that can enter the market, which can affect a company's valuation and ownership mix.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did IREN (IREN) report for Parasuraman Sunita?

IREN reported that director Parasuraman Sunita acquired 6,657 Ordinary Shares through a grant of restricted stock units. These units were awarded as equity compensation and carry a grant price of $0.00 per share, reflecting a non-cash compensation award.

How many IREN (IREN) shares does Parasuraman Sunita hold after this Form 4?

After the reported grant, Parasuraman Sunita directly holds 76,691 Ordinary Shares of IREN Ltd. This figure includes the 6,657 shares underlying the newly granted restricted stock units, subject to the satisfaction of specified vesting conditions over time.

What type of security was granted to Parasuraman Sunita by IREN (IREN)?

The company granted restricted stock units that represent Ordinary Shares of IREN Ltd. These RSUs vest only if the director meets applicable vesting conditions, effectively serving as share-based compensation rather than an open-market purchase.

What does the transaction code "A" mean in the IREN (IREN) Form 4?

The transaction code "A" denotes a grant, award, or other acquisition of securities. In this case, it reflects that Parasuraman Sunita received 6,657 restricted stock units as a compensation award, not through buying shares on the open market.

Did Parasuraman Sunita pay cash for the new IREN (IREN) shares?

No cash was paid for this award; the Form 4 lists a $0.00 per share transaction price. The 6,657 restricted stock units were granted as equity compensation, becoming shares as vesting conditions are satisfied rather than through a cash purchase.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/01/2026 - 04:51 PM EDT Learn about SEC filing dates

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^*

Parasuraman Sunita

(Last) (First) (Middle)

C/O IREN LIMITED

LEVEL 5, 55 MARKET STREET

(Street)

SYDNEY C3 2000

(City) (State) (Zip)

AUSTRALIA

(Country)

2. Issuer Name and Ticker or Trading Symbol
IREN Ltd [ IREN ]

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)
07/01/2026

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
Ordinary Shares	07/01/2026		A		6,657(1)	A	$0	76,691	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a grant of restricted stock units that will vest subject to the Reporting Person's satisfaction of applicable vesting conditions.

	/s/ Cesilia Kim, attorney-in-fact for Sunita Parasuraman	07/01/2026
	** 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)