Kenneth J. Deane - 16 May 2025 Form 4 Insider Report for TERAWULF INC. (WULF)

Reporting relationship: Chief Acct Officer + Treasurer
Issuer ticker: WULF
Reported as of: 16 May 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 19 May 2025, 19:48:10 UTC
Prior SEC filing: 10 Jan 2025
Source filing: View source filing
Reporting owner signature: /s/ Kenneth J. Deane

Key filing fact

Kenneth J. Deane filed Form 4 for TERAWULF INC. (WULF) on 19 May 2025.

Key facts

This page summarizes Kenneth J. Deane's Form 4 filing for TERAWULF INC. (WULF).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 19 May 2025, 19:48.

Change

Previous filing in this sequence was filed on 10 Jan 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001389893 Primary reporting owner

Deane Kenneth J

Relationship: Chief Acct Officer + Treasurer
Address: C/O TERAWULF INC., 9 FEDERAL STREET, EASTON
Signature: /s/ Kenneth J. Deane
Signature date: 19 May 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WULF transaction

Common stock, $0.001 par value per share

Options Exercise

Transaction value
Shares: +100,000
Change %: +19%
Price
Shares after: 624,151
Date: 16 May 2025
Ownership: Direct
Footnotes: F1

WULF transaction

Common stock, $0.001 par value per share

Disposed to Issuer

Transaction value
Shares: -28,750
Change %: -4.6%
Price
Shares after: 595,401
Date: 16 May 2025
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

WULF transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -100,000
Change %: -100%
Price
Shares after: 0
Date: 16 May 2025
Ownership: Direct
Underlying class: Common stock, $0.001 par value per share
Underlying amount: 100,000
Exercise price
Footnotes: F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The Reporting Person received restricted stock units which vested in accordance with their terms upon the third anniversary of May 16, 2022, as reflected in this Form 4, subject to the Reporting Person's continued employment or service with the Issuer through such date.

Footnote F2

The disposition is due to withholding to cover taxes, as a result of the Reporting Person's election of net settlement with regard to the vesting of restricted stock units, which vested on May 16, 2025, as reflected in this Form 4.

Footnote F3

Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock, $0.001 par value per share.

Footnote F4

The restricted stock units vested on the third anniversary of May 16, 2022, subject to the Reporting Person's continued employment or service with the Issuer through each such date.