Director at IREN (NASDAQ: IREN) awarded 8,369-share equity grant in Form 4

Rhea-AI Filing Summary

IREN Ltd director Bartholomew David James received an equity award from the company. On this Form 4, he acquired 8,369 ordinary shares at a stated price of $0.00 per share, representing a grant of restricted stock units that vest upon meeting vesting conditions. Following this award, he directly holds 153,574 ordinary shares.

Insights

Equity compensation analyst

Routine director equity grant increases alignment without signaling trading views.

IREN Ltd reported that director Bartholomew David James received 8,369 ordinary shares as a grant, with a stated price of $0.00 per share. A footnote clarifies this is a grant of restricted stock units subject to vesting conditions.

Such awards are standard board compensation and are not open-market purchases or sales. After this grant, James directly holds 153,574 ordinary shares, indicating a continued equity stake. The filing does not indicate any 10b5‑1 plan or related sales activity.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Bartholomew David James

Role null

Type	Security	Shares	Price	Value
Grant/Award	Ordinary Shares	8,369	$0.00	--

Holdings After Transaction: Ordinary Shares — 153,574 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 8,369 shares Stated grant price: $0.00 per share Shares owned after: 153,574 shares +1 more

4 metrics

Shares granted 8,369 shares Restricted stock unit grant reported on Form 4

Stated grant price $0.00 per share Price field for the RSU share grant

Shares owned after 153,574 shares Total direct holdings following the transaction

Transaction code A (grant, award, or other acquisition) Form 4 transaction classification

Key Terms

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

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.

vesting conditions financial

"that 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.

Grant, award, or other acquisition regulatory

"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.

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Available on EDGAR 07/01/2026 - 04:27 PM Accepted by SEC EDGAR 07/01/2026 - 04:26 PM Learn about SEC filing dates

FAQ

What did IREN (IREN) director Bartholomew David James report in this Form 4?

He reported receiving 8,369 ordinary shares of IREN Ltd as an equity grant. A footnote states these represent restricted stock units that will vest if he meets applicable vesting conditions, rather than an open‑market purchase of shares.

Is the IREN (IREN) Form 4 transaction a stock purchase or a grant?

The transaction is a grant, not a purchase. It is coded as an "A" transaction, described as a grant or award, with a price of $0.00 per share and a footnote identifying it as restricted stock units subject to vesting conditions.

How many IREN (IREN) shares does Bartholomew David James hold after this grant?

After the reported grant, he directly holds 153,574 ordinary shares of IREN Ltd. This figure includes the 8,369-share award reported in the filing and reflects his total direct ownership following the transaction.

What are the vesting conditions mentioned in the IREN (IREN) Form 4 footnote?

The footnote explains that the 8,369-share award represents restricted stock units. These units will vest only if Bartholomew David James satisfies applicable vesting conditions, although the specific schedule or performance requirements are not detailed in the excerpt.

Does the IREN (IREN) Form 4 show any stock sales or dispositions by the director?

No sales or dispositions are reported in this Form 4 excerpt. The only transaction is an "A" code grant of 8,369 ordinary shares as restricted stock units, with no indication of shares being sold, transferred, or withheld for taxes.

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^*

Bartholomew David James

(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		8,369(1)	A	$0	153,574	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 David Bartholomew	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)