Tyler Page - 09 Nov 2025 Form 4 Insider Report for Cipher Mining Inc. (CIFR)

Role
Chief Executive Officer, Director
Signature
/s/ William Iwaschuk, Attorney-in-Fact for Tyler Page
Issuer symbol
CIFR
Transactions as of
09 Nov 2025
Net transactions value
-$14,236,838
Form type
4
Filing time
12 Nov 2025, 18:24:51 UTC
Previous filing
15 Oct 2025
Next filing
17 Dec 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Page Tyler Chief Executive Officer, Director C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, NEW YORK /s/ William Iwaschuk, Attorney-in-Fact for Tyler Page 12 Nov 2025 0001887623

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIFR Common Stock Options Exercise +1,419,237 +22% 7,942,408 09 Nov 2025 Direct F1
transaction CIFR Common Stock Tax liability $14,236,838 -724,521 -9.1% $19.65 7,217,887 10 Nov 2025 Direct
transaction CIFR Common Stock Gift $0 -238,000 -3.3% $0.000000 6,979,887 10 Nov 2025 Direct F2

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 CIFR Performance Stock Units Options Exercise $0 -1,419,237 -50% $0.000000 1,419,236 09 Nov 2025 Common Stock 1,419,237 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance stock unit ("PSU") represents a contingent right to receive one share of Issuer's Common Stock.
F2 The transaction reported shows the Reporting Person's charitable gift of shares of the Issuer's Common Stock to three recipients.
F3 The PSUs vest, if at all, in three tranches based on the Issuer's achievement of certain market capitalization thresholds. The second tranche of the PSUs vested on November 9, 2025. The PSUs have no expiration date.