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

Reporting relationship: Chief Executive Officer, Director, 10%+ Owner
Issuer ticker: WULF
Reported as of: 02 Jan 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 02 Jan 2026, 21:31:41 UTC
Prior SEC filing: 16 Apr 2026
Next SEC filing: 25 Mar 2026
Source filing: View source filing
Reporting owner signature: /s/ Paul B. Prager

Key filing fact

Paul B. Prager filed Form 4 for TERAWULF INC. (WULF) on 02 Jan 2026.

Key facts

This page summarizes Paul B. Prager's Form 4 filing for TERAWULF INC. (WULF).
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 02 Jan 2026, 21:31.

Change

Previous filing in this sequence was filed on 16 Apr 2026.
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 0001877255 Primary reporting owner

Prager Paul B.

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

Reported derivative securities

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

WULF transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +7,849,294
Change %
Price: $0.000000
Shares after: 7,849,294
Date: 02 Jan 2026
Ownership: Direct
Underlying class: Common stock, $0.001 par value per share
Underlying amount: 7,849,294
Exercise price
Footnotes: F1, F2

WULF transaction Derivative

Performance-Based Restricted Stock Units

Award

Transaction value: $0
Shares: +3,924,647
Change %
Price: $0.000000
Shares after: 3,924,647
Date: 02 Jan 2026
Ownership: Direct
Underlying class: Common stock, $0.001 par value per share
Underlying amount: 3,924,647
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

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").

Footnote 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.

Footnote F3

Each performance stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

Footnote 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.