Paul B. Prager - 02 Jan 2026 Form 4 Insider Report for TERAWULF INC. (WULF)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Paul B. Prager
Issuer symbol
WULF
Transactions as of
02 Jan 2026
Net transactions value
$0
Form type
4
Filing time
02 Jan 2026, 21:31:41 UTC
Previous filing
23 Dec 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Prager Paul B. Chief Executive Officer, Director, 10%+ Owner C/O TERAWULF INC., 9 FEDERAL STREET, EASTON /s/ Paul B. Prager 02 Jan 2026 0001877255

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WULF Restricted Stock Units Award $0 +7,849,294 $0.000000 7,849,294 02 Jan 2026 Common stock, $0.001 par value per share 7,849,294 Direct F1, F2
transaction WULF Performance-Based Restricted Stock Units Award $0 +3,924,647 $0.000000 3,924,647 02 Jan 2026 Common stock, $0.001 par value per share 3,924,647 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock, $0.001 par value per share ("Common Stock").
F2 One-third (1/3rd) of the restricted stock units shall vest upon each of the first three anniversaries of January 2, 2026, subject to the Reporting Person's continued employment or service with the Issuer through each such date.
F3 Each performance stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F4 The performance stock units will vest in accordance with their terms upon the achievement of specified performance goals between the grant date and the third anniversary of January 2, 2026, subject to the Reporting Person's continued employment or service with the Issuer through each such date.