Mawson (MIGI) director settles 36,188 RSUs; 138,053 granted

Mawson Infrastructure Group (MIGI) reported a director equity transaction on Form 4.

Rhea-AI Filing Summary

Mawson Infrastructure Group (MIGI) reported a director equity transaction on Form 4. The director received 36,188 restricted stock units (RSUs) on November 7, 2025 for board service, which were deemed vested on June 12, 2025 and settled into 36,188 shares of common stock on November 10, 2025. Following settlement, 36,188 shares were beneficially owned directly.

The director was also granted 138,053 RSUs on November 7, 2025 that vest on June 9, 2026, subject to continued service. After the reported transactions, 138,053 derivative RSUs remained beneficially owned.

Insider Trade Summary

36,188 shares exercised/converted

Exercise 4 txns

Insider Soles Steven

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	36,188	$0.00	$0.00
Exercise	Common Stock	36,188	$0.00	$0.00
Grant/Award	Restricted Stock Units	36,188	$0.00	$0.00
Grant/Award	Restricted Stock Units	138,053	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 138,053 contracts (Direct); Common Stock — 36,188 shares (Direct)

Footnotes (3)

1. F1. Each restricted stock unit is issued under and subject to the terms of the Mawson Infrastructure Group Inc. 2024 Omnibus Equity Incentive Plan ("Plan"), and represents the right to receive, at settlement, one share of common stock, an equivalent cash amount at fair market value, or a combination, at the discretion of the Administrator of the Plan.
2. F2. On November 7, 2025, the reporting person was granted 36,188 restricted stock units for his appointment to the board of directors of Mawson Infrastructure Group Inc. (the "Company"), which were deemed vested on June 12, 2025, the one-year anniversary of the Company's 2024 annual meeting of stockholders. The restricted stock units were settled for shares of common stock on November 10, 2025.
3. F3. On November 7, 2025, the reporting person was granted 138,053 restricted units, which vest on June 9, 2026, subject to the reporting person remaining employed by or otherwise providing services to the Company (or one of its subsidiaries) through such date.

FAQ

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

What did MIGI disclose in this Form 4?

A director received 36,188 RSUs on November 7, 2025, which settled into 36,188 common shares on November 10, 2025, and also received 138,053 RSUs vesting on June 9, 2026.

How many MIGI shares does the reporting person own after the transactions?

The filing shows 36,188 common shares beneficially owned directly after settlement and 138,053 RSUs remaining as derivative securities.

What are the vesting terms for the RSUs granted on November 7, 2025?

One grant of 36,188 RSUs was deemed vested on June 12, 2025 and settled on November 10, 2025. Another 138,053 RSUs vest on June 9, 2026, subject to continued service.

What do the transaction codes M and A indicate?

Code M reflects the settlement/conversion of RSUs into common stock; code A indicates an award grant of RSUs.

Is there a purchase price for the RSUs?

The RSU grants list a price of $0, consistent with equity awards that convert to shares upon vesting or settlement under the plan.

Which equity plan governs these RSUs for MIGI?

Awards were issued under the 2024 Omnibus Equity Incentive Plan of Mawson Infrastructure Group Inc.

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

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Accepted by SEC EDGAR 11/12/2025 - 03:48 PM 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^*

Soles Steven

(Last) (First) (Middle)

C/O MAWSON INFRASTRUCTTURE GROUP INC.

950 RAILROAD AVE

(Street)

MIDLAND PA 15059

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Mawson Infrastructure Group Inc. [ MIGI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
11/07/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	11/10/2025		M		36,188	A	(1)	36,188	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
Restricted Stock Units	(1)	11/07/2025		A		36,188		(2)	(2)	Common Stock	36,188	$0	36,188	D
Restricted Stock Units	(1)	11/07/2025		A		138,053		(3)	(3)	Common Stock	138,053	$0	174,241	D
Restricted Stock Units	(1)	11/10/2025		M		36,188		(2)	(2)	Common Stock	36,188	$0	138,053	D

Explanation of Responses:

1. Each restricted stock unit is issued under and subject to the terms of the Mawson Infrastructure Group Inc. 2024 Omnibus Equity Incentive Plan ("Plan"), and represents the right to receive, at settlement, one share of common stock, an equivalent cash amount at fair market value, or a combination, at the discretion of the Administrator of the Plan.

2. On November 7, 2025, the reporting person was granted 36,188 restricted stock units for his appointment to the board of directors of Mawson Infrastructure Group Inc. (the "Company"), which were deemed vested on June 12, 2025, the one-year anniversary of the Company's 2024 annual meeting of stockholders. The restricted stock units were settled for shares of common stock on November 10, 2025.

3. On November 7, 2025, the reporting person was granted 138,053 restricted units, which vest on June 9, 2026, subject to the reporting person remaining employed by or otherwise providing services to the Company (or one of its subsidiaries) through such date.

	/s/ Kaliste Saloom, as Attorney-in-Fact	11/12/2025
	** 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).
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