Welcome to our dedicated page for IREN SEC filings (Ticker: IREN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
IREN Limited filings document an Australian public company reporting on AI cloud infrastructure, data center capacity, GPU deployments and related capital markets activity. Recent Form 8-K disclosures furnish quarterly operating and financial results, conference-call transcripts and press releases tied to the company’s AI cloud and data center platform.
The filing record also covers material-event disclosures for convertible senior notes, capped call use of proceeds, at-the-market ordinary-share issuance arrangements, and amendments to sales-agent agreements. Governance filings describe shareholder-approved constitutional changes, director-election provisions, meeting mechanics, forum selection language, universal proxy updates and the company’s omnibus incentive plan.
IREN Ltd director Christopher Guzowski reported a mix of equity compensation and prior share sales. He received 6,657 Ordinary Shares on July 1, 2026 as a grant of restricted stock units, at a stated price of $0.00 per share, which will vest only if specified conditions are met.
The filing also reports an earlier open-market sale on September 16, 2025 of 11,958 Ordinary Shares at $36.32 per share. Following the most recent grant, Guzowski directly holds 45,825 Ordinary Shares of IREN Ltd.
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.
IREN Ltd director and Co-CEO Daniel John Roberts reported compensation-related equity awards and vesting events tied to Awassi Capital Trust #2. The filing shows acquisitions of ordinary shares at no cost through grants and vesting of restricted stock units rather than open-market purchases.
The fiscal 2027 RSU grant will vest in equal annual installments over four years, followed by a two-year post-vesting holding period, creating a combined six-year vesting and holding timeline that extends to fiscal year 2033 for the final installment. Because of this long-term award, Roberts will not receive further equity incentive awards until the company’s 2031 fiscal year.
IREN Ltd disclosed that Awassi Capital Trust #1, an entity associated with Co‑Chief Executive Officer William Gregory Roberts, indirectly acquired two blocks of ordinary shares, in amounts of 552,197 and 9,099,328 shares at a stated price of $0.00 per share. These transactions reflect a grant of restricted stock units (RSUs) for fiscal year 2027 and the vesting of a prior TSR performance RSU award. The new RSU grant will vest in equal annual installments over a four‑year period and then remain subject to a two‑year post‑vesting holding period, creating a combined six‑year vesting and holding timeline that extends to the 2033 fiscal year for the final installment. As a result of this long‑dated award, Roberts is not scheduled to receive additional equity incentive grants under the company’s program until the 2031 fiscal year. The filing notes that the ordinary shares and RSUs are held through Awassi Capital Trust #1, where Roberts has control over the trustee but disclaims beneficial ownership except to the extent of his pecuniary interest.
ALFRED MICHAEL reported acquisition or exercise transactions in this Form 4 filing.
IREN Ltd director Alfred Michael reported a new equity grant and updated holdings. He received 6,657 Ordinary Shares at a price of $0.00 per share as a grant of restricted stock units that vest only if he meets specified vesting conditions. Following this grant, he owns 127,606 Ordinary Shares directly. He is also shown as having indirect ownership of 750,461 Ordinary Shares through Alpine Fox LP, over which he has control, while disclaiming beneficial ownership except to the extent of his pecuniary interest.
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.
IREN Limited approved significant new equity awards for its two Co-Chief Executive Officers, William Roberts and Daniel Roberts. Each Co-CEO is scheduled to receive 9,099,328 restricted stock units, granted under the IREN Limited 2025 Omnibus Incentive Plan.
The RSUs will vest in equal annual installments over four years starting on or about July 1, 2026, subject to continued employment. After each vesting date, the shares are subject to an additional two-year post-vesting holding period, extending to the 2033 fiscal year for the final tranche.
The Board, following a review by its independent compensation consultant, chose this structure to support retention and long-term alignment with shareholders. Neither Co-CEO will receive another equity incentive grant until the Company’s 2031 fiscal year.
IREN Limited, through its wholly owned subsidiary IE US Hardware 3 LLC, has arranged approximately $3.6 billion in new financing to help fund GPU infrastructure for its dedicated GPU services contract with Microsoft in Childress, Texas.
The package includes a $1.5 billion delayed draw term loan bearing interest at term SOFR plus 2.25%, and $2.1 billion of 5.96% senior notes due on December 31, 2031, both available to be drawn in tranches until May 29, 2027.
Hardware 3’s obligations are secured by all its assets, including the GPUs and cash flows from the Microsoft contract, and are subject to covenants such as maintaining a minimum debt service coverage ratio of 1.05:1.00, with additional prepayment triggers tied to coverage and loan-to-cost ratios.
IREN Limited has entered into a material purchase agreement with Dell under which Dell will supply GPUs and related systems for an aggregate price of about $1.6 billion, payable in installments within 30 days of each shipment. The GPUs will be deployed at IREN’s Childress, Texas campus to support its previously announced $3.4 billion managed services AI cloud contract.
According to an accompanying press release, the Blackwell systems are targeted for commissioning in early 2027. Upon commissioning, the AI cloud contract is expected to increase IREN’s annualized run-rate revenue from $3.7 billion to $4.4 billion, reflecting progress in bringing GPU capacity online and converting it into revenue. IREN is pursuing GPU financing consistent with its prior hardware deployments and has unconditionally guaranteed its subsidiary’s obligations under the Dell agreement.
IREN Limited has completed a private offering of $3.0 billion of 1.00% convertible senior notes due 2033. The notes pay 1.00% interest semi-annually and mature on December 1, 2033, with conversion allowed under specified conditions into ordinary shares at an initial conversion rate of 13.6848 shares per $1,000, implying a conversion price of about $73.07 per share.
The company received approximately $2.96 billion in net proceeds, using $201.3 million to buy capped call transactions designed to limit dilution or excess cash outlay upon conversion, and plans to use the remainder for general corporate purposes and working capital. A maximum of 54,396,900 ordinary shares may initially be issued upon conversion based on the initial maximum conversion rate.
The capped calls have an initial cap price of $110.30 per share, double the last reported share price of $55.15 on May 11, 2026, and will be cash-settled. The notes were sold only to qualified institutional buyers under Rule 144A and include customary redemption, fundamental change, and events-of-default provisions under the indenture.