TeraWulf CEO entity sells 137,500 shares at $17
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
TERAWULF INC. (WULF) reported an insider transaction by Chief Executive Officer and director Paul B. Prager involving entities he manages. On 2026-08-27, Beowulf E&D Holdings Inc., an entity he manages, sold 137,500 shares of common stock at a weighted average price of $17.0593 per share under a Rule 10b5-1 trading plan. After this sale, Beowulf E&D Holdings Inc. held 3,807,552 shares indirectly attributed to Prager, alongside other direct and indirect holdings through additional entities.
Insider Trade Summary 10b5-1
Net Seller: 137,500 shares
Net Sell
6 txns
Insider
Prager Paul B.
Role
Chief Executive Officer
Sold
137,500 shs ($2.35M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock, $0.001 par value per share F1, F2, F3 | 137,500 | $17.0593 | $2.35M |
| holding | Common stock, $0.001 par value per share | -- | -- | -- |
| holding | Common stock, $0.001 par value per share F4 | -- | -- | -- |
| holding | Common stock, $0.001 par value per share F5 | -- | -- | -- |
| holding | Common stock, $0.001 par value per share F6 | -- | -- | -- |
| holding | Common stock, $0.001 par value per share F7 | -- | -- | -- |
Holdings After Transaction:
Common stock, $0.001 par value per share — 3,807,552 shares (Indirect, By Beowulf E&D Holdings Inc.);
Common stock, $0.001 par value per share — 1,761,479 shares (Direct);
Common stock, $0.001 par value per share — 5,000 shares (Indirect, By Heorot Power Holdings LLC);
Common stock, $0.001 par value per share — 33,554,688 shares (Indirect, By Riesling Power LLC);
Common stock, $0.001 par value per share — 1,100,000 shares (Indirect, By Stammtisch Investments LLC);
Common stock, $0.001 par value per share — 141,726 shares (Indirect, By Allin Wulf LLC)
Footnotes (7)
- F1. The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 23, 2025.
- F2. The Price reported in Column 4 is a weighted average price. The shares of common stock, par value $0.001 per share ("Common Stock") were sold in multiple transactions at a price ranging from $17.0100 to $17.1150, inclusive. The Reporting Person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of TeraWulf Inc. or to TeraWulf Inc., upon request, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth above.
- F3. By Beowulf E&D Holdings Inc. ("E&D Holdings"). The Reporting Person is the sole manager of E&D Holdings and, as a result, may be deemed to beneficially own the shares of the Common Stock held by E&D Holdings. The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of the Common Stock for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.
- F4. By Heorot Power Holdings LLC ("Heorot"). The Reporting Person is the sole manager of Heorot and, as a result, may be deemed to beneficially own the shares of the Common Stock held by Heorot. The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of the Common Stock for purposes of Section 16 of the Exchange Act, or for any other purpose.
- F5. By Riesling Power LLC ("Riesling Power"). The Paul B. Prager Revocable Trust ("Prager Revocable Trust") is the sole member of Riesling Power. The Reporting Person is the sole trustee of the Prager Revocable Trust and may be deemed to have the power to direct the voting and disposition of the Common Stock beneficially owned by the Prager Revocable Trust. Accordingly, pursuant to the regulations promulgated under Section 13(d) of the Exchange Act, Mr. Paul B. Prager may be deemed to be a beneficial owner of the shares of Common Stock held for the account of the Prager Revocable Trust.
- F6. By Stammtisch Investments LLC ("Stammtisch"). The Reporting Person is the sole manager of Stammtisch and, as a result, may be deemed to beneficially own the shares of Common Stock held by Stammtisch. The Reporting Person disclaims beneficial ownership of such shares of Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of Common Stock for purposes of Section 16 of the Exchange Act, or for any other purpose.
- F7. By Allin WULF LLC ("Allin"). The Reporting Person is the sole manager of Allin and, as a result, may be deemed to beneficially own the shares of the Common Stock held by Allin. The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of the Common Stock for purposes of Section 16 of the Exchange Act, or for any other purpose.
Key Figures
Shares sold: 137,500 shares
Weighted average sale price: $17.0593 per share
Beowulf E&D Holdings Inc. post-transaction holdings: 3,807,552 shares
+5 more
8 metrics
Shares sold
137,500 shares
Common stock sale on 2026-08-27 by Beowulf E&D Holdings Inc.
Weighted average sale price
$17.0593 per share
Sale price range from $17.0100 to $17.1150 on 2026-08-27
Beowulf E&D Holdings Inc. post-transaction holdings
3,807,552 shares
Indirectly attributable to Paul B. Prager after 2026-08-27 sale
Direct holdings
1,761,479 shares
Common stock held directly by Paul B. Prager as of 2026-08-27
Riesling Power LLC holdings
33,554,688 shares
Common stock held indirectly via Prager Revocable Trust
Stammtisch Investments LLC holdings
1,100,000 shares
Common stock held indirectly with beneficial ownership disclaimed except for pecuniary interest
Allin WULF LLC holdings
141,726 shares
Common stock held indirectly with beneficial ownership disclaimed except for pecuniary interest
Rule 10b5-1 plan adoption date
December 23, 2025
Plan under which the August 27, 2026 sale was effected
Key Terms
Rule 10b5-1 trading plan, weighted average price, beneficial ownership, pecuniary interest, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"sale effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The Price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership regulatory
"may be deemed to beneficially own the shares of the Common Stock"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of such shares ... except to the extent of his pecuniary interest"
Section 16 of the Exchange Act regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did WULF disclose for Paul B. Prager on August 27, 2026?
TERAWULF INC. reported that on 2026-08-27, an entity managed by CEO Paul B. Prager, Beowulf E&D Holdings Inc., sold 137,500 shares of common stock at a weighted average price of $17.0593 per share, pursuant to a Rule 10b5-1 trading plan.
Was the August 27, 2026 WULF insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the sale was effected under a Rule 10b5-1 trading plan adopted by Paul B. Prager on December 23, 2025, and the plan-status checkbox is marked as affirmed.
What are Paul B. Prager’s direct WULF common stock holdings after this filing?
The Form 4 reports 1,761,479 shares of TERAWULF INC. common stock held directly by Paul B. Prager as of 2026-08-27, in addition to various indirect holdings through several managed entities and a revocable trust structure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
