[Form 4] TERAWULF INC. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TERAWULF INC. director Walter E. Carter reported equity compensation activity involving restricted stock units and common shares. On June 23, 2026, he exercised 56,023 restricted stock units, receiving 56,023 shares of common stock. After this exercise, he directly holds 358,450 common shares.
On the same date, he also received a grant of 6,950 new restricted stock units, each representing one share of common stock. According to the footnotes, these units will vest upon the first anniversary of June 23, 2026, contingent on his continued employment or service with the company. The filing shows no remaining derivative holdings after these transactions, indicating a routine conversion of prior RSU awards and a new annual grant rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
56,023 shares exercised/converted
Mixed
3 txns
Insider
Carter Walter E.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 56,023 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 6,950 | $0.00 | -- |
| Exercise | Common stock, $0.001 par value per share | 56,023 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common stock, $0.001 par value per share — 358,450 shares (Direct, null)
Footnotes (1)
- The Reporting Person received restricted stock units which vested upon the first anniversary of June 23, 2025, as reported in this Form 4, subject to the Reporting Person's continued employment or service with the Issuer through such date. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock, $0.001 par value per share. The restricted stock units vested upon the first anniversary of June 23, 2025, subject to the Reporting Person's continued employment or service with the Issuer through such date. The restricted stock units will vest upon the first anniversary of June 23, 2026, subject to the Reporting Person's continued employment or service with the Issuer through such date.
Key Figures
RSUs exercised: 56,023 units
Common shares held after: 358,450 shares
New RSU grant: 6,950 units
+2 more
5 metrics
RSUs exercised
56,023 units
Converted into 56,023 common shares on June 23, 2026
Common shares held after
358,450 shares
Direct holdings after RSU exercise
New RSU grant
6,950 units
Granted June 23, 2026 as equity award
Underlying shares per RSU
1 share per unit
Each RSU represents one common share
Exercise price of RSUs
$0.0000 per unit
Reported exercise/conversion price for RSUs
Key Terms
Restricted stock units, derivative security, contingent right, Form 4, +1 more
5 terms
Restricted stock units financial
"The Reporting Person received restricted stock units which vested upon the first anniversary of June 23, 2025"
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.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
Form 4 regulatory
"as reported in this Form 4, subject to the Reporting Person's continued employment"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
vesting financial
"The restricted stock units will vest upon the first anniversary of June 23, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transactions did TERAWULF (WULF) director Walter E. Carter report?
Walter E. Carter reported exercising 56,023 restricted stock units into common shares and receiving a new grant of 6,950 restricted stock units. These actions reflect equity compensation, not open-market buying or selling of TERAWULF stock.
What happened to the 56,023 restricted stock units in the TERAWULF (WULF) filing?
The 56,023 restricted stock units were exercised and converted into 56,023 shares of TERAWULF common stock. Following this exercise, the restricted stock unit balance tied to that award dropped to zero, completing the conversion from derivative to non-derivative holdings.
What are the terms of the new 6,950 restricted stock units at TERAWULF (WULF)?
The 6,950 new restricted stock units will vest on the first anniversary of June 23, 2026, if Walter E. Carter continues employment or service with TERAWULF. Each unit represents a contingent right to receive one share of common stock.
Does the TERAWULF (WULF) Form 4 show any stock sales or open-market trades?
The Form 4 does not show any open-market stock sales or purchases. It reports an exercise of 56,023 restricted stock units into common shares and a new grant of 6,950 restricted stock units, both categorized as acquisition-type transactions.