Anchorage Lending CA, LLC - 24 Jun 2025 Form 4 Insider Report for Gryphon Digital Mining, Inc. (GRYP)

Reporting relationship: Director, 10%+ Owner
Issuer ticker: GRYP
Reported as of: 24 Jun 2025
Net transaction value: +$0.1048
SEC form: 4
Accepted by SEC: 03 Jul 2025, 17:41:39 UTC
Prior SEC filing: 01 Nov 2024
Next SEC filing: 05 Sep 2025
Source filing: View source filing
Reporting owner signature: Anchorage Lending CA, LLC By: /s/ Margaret Vaden, General Counsel

Key filing fact

Anchorage Lending CA, LLC filed Form 4 for Gryphon Digital Mining, Inc. (GRYP) on 03 Jul 2025.

Key facts

This page summarizes Anchorage Lending CA, LLC's Form 4 filing for Gryphon Digital Mining, Inc. (GRYP).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 03 Jul 2025, 17:41.

Change

Previous filing in this sequence was filed on 01 Nov 2024.
Current net transaction value: +$0.1048.

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 (2)

CIK 0002042702 Primary reporting owner

Anchorage Lending CA, LLC

Relationship: Director, 10%+ Owner
Address: P.O. BOX - ONE EMBARCADERO CENTER #2409, SAN FRANCISCO
Signature: Anchorage Lending CA, LLC By: /s/ Margaret Vaden, General Counsel
Signature date: 03 Jul 2025

CIK 0001783914

Anchor Labs, Inc.

Relationship: Director, 10%+ Owner
Address: P.O. BOX - ONE EMBARCADERO CENTER #2409, SAN FRANCISCO
Signature: Anchor Labs, Inc. By: /s/ Margaret Vaden, General Counsel
Signature date: 03 Jul 2025

Reported non-derivative transactions

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

GRYP transaction

Common Stock

Options Exercise

Transaction value: $1,100,000
Shares: +2,000,000
Change %: +24%
Price: $0.5500
Shares after: 10,287,984
Date: 24 Jun 2025
Ownership: Direct
Footnotes: F1

GRYP transaction

Common Stock

Tax liability

Transaction value: $1,100,000
Shares: -1,110,102
Change %: -11%
Price: $0.9909
Shares after: 9,177,882
Date: 24 Jun 2025
Ownership: Direct
Footnotes: F1, F2

GRYP transaction

Common Stock

Options Exercise

Transaction value: $35,302
Shares: +3,530,198
Change %: +38%
Price: $0.0100
Shares after: 12,708,080
Date: 24 Jun 2025
Ownership: Direct
Footnotes: F1

GRYP transaction

Common Stock

Tax liability

Transaction value: $35,302
Shares: -35,626
Change %: -0.28%
Price: $0.9909
Shares after: 12,672,454
Date: 24 Jun 2025
Ownership: Direct
Footnotes: F1, F3

Reported derivative securities

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

GRYP transaction Derivative

Warrant (right to buy)

Options Exercise

Transaction value: $0
Shares: -2,000,000
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 24 Jun 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,000,000
Exercise price: $0.5500
Footnotes: F1

GRYP transaction Derivative

Warrant (right to buy)

Options Exercise

Transaction value: $0
Shares: -3,530,198
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 24 Jun 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,530,198
Exercise price: $0.0100
Footnotes: F1

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Anchorage Lending CA, LLC ("Anchorage Lending") is wholly owned by Anchor Labs, Inc., a Delaware corporation ("Anchor Labs"). Accordingly, Anchor Labs may be deemed to share beneficial ownership of the securities held of record by Anchorage Lending.

Footnote F2

On June 24, 2025, Anchorage Lending exercised a warrant to purchase 2,000,000 shares of GRYP common stock for $0.55 a share. Anchorage Lending paid the exercise price on a cashless basis, resulting in GRYP's withholding of 1,110,102 of the warrant shares to pay the exercise price and issuing to Anchorage Lending the remaining 889,898 shares.

Footnote F3

On June 24, 2025, Anchorage Lending exercised a warrant to purchase 3,530,198 shares of GRYP common stock for $0.01 a share. Anchorage Lending paid the exercise price on a cashless basis, resulting in GRYP's withholding of 35,626 of the warrant shares to pay the exercise price and issuing to Anchorage Lending the remaining 3,494,572 shares.

SEC remarks

Dan Grigorin currently serves as Anchorage Lending's representative on the Issuer's board of directors, and therefore the Reporting Persons may each be deemed a "director by deputization" of the Issuer.