Patrick Arthur Kelly - Nov 17, 2025 Form 4 Insider Report for Cipher Mining Inc. (CIFR)

Role
Co-President and COO
Signature
/s/ William Iwaschuk, Attorney-in-Fact for Patrick Arthur Kelly
Stock symbol
CIFR
Transactions as of
Nov 17, 2025
Transactions value $
-$377,436
Form type
4
Date filed
11/19/2025, 04:26 PM
Previous filing
Oct 16, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Kelly Patrick Arthur Co-President and COO C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, NEW YORK /s/ William Iwaschuk, Attorney-in-Fact for Patrick Arthur Kelly 2025-11-19 0001887616

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIFR Common Stock Sale -$377K -26.6K -2.19% $14.20 1.19M Nov 17, 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 12, 2025.
F2 The sales were executed in multiple trades at prices ranging from $13.60 to $14.88. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.