Form 4 for WULF TERAWULF INC.
Accepted 2025-12-23 00:00:00 ET · period of report 2025-12-23 · accession 0001083301-25-000123 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-12-23 | 2025-12-23 | WULF | Prager Paul B. | CEO, Dir, 10% | J - Other | — | -447.0K | 491.7K | -48% | — | |
| MI | 2025-12-23 | 2025-12-23 | WULF | Prager Paul B. | CEO, Dir, 10% | J - Other | — | -2.55M | 4.42M | -37% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common stock, $0.001 par value per share | 2025-12-23 | J | D | 447,000 | — | 491,700 | D By Riesling Power LLC | — | — | (F1) Three million shares of common stock, par value $0.001 per share ("Common Stock") were contributed in the aggregate to the Riesling Goods and Services Trust for no consideration by the Reporting Person (447,000), Riesling Power LLC (2,000,000) and Beowulf E&D Holdings Inc. (553,000). (F2) By Riesling Power LLC ("Riesling Power"). The Paul B. Prager Revocable Trust ("Prager Revocable Trust") is the sole member of Riesling Power. The Reporting Person is the sole trustee of the Prager Revocable Trust and may be deemed to have the power to direct the voting and disposition of the Common Stock beneficially owned by the Prager Revocable Trust. Accordingly, pursuant to the regulations promulgated under Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), Mr. Paul B. Prager may be deemed to be a beneficial owner of the shares of Common Stock held for the account of the Prager Revocable Trust . |
| 2 | Common | Common stock, $0.001 par value per share | 2025-12-23 | J | D | 2,000,000 | — | 33,554,688 | I By Beowulf E&D Holdings Inc. | — | — | (F1) Three million shares of common stock, par value $0.001 per share ("Common Stock") were contributed in the aggregate to the Riesling Goods and Services Trust for no consideration by the Reporting Person (447,000), Riesling Power LLC (2,000,000) and Beowulf E&D Holdings Inc. (553,000). (F3) By Beowulf E&D Holdings Inc. ("E&D Holdings"). The Reporting Person is the sole manager of E&D Holdings and, as a result, may be deemed to beneficially own the shares of the Common Stock held by E&D Holdings. The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of the Common Stock for purposes of Section 16 of the Exchange Act, or for any other purpose |
| 3 | Common | Common stock, $0.001 par value per share | 2025-12-23 | J | D | 553,000 | — | 4,415,852 | I | — | — | (F1) Three million shares of common stock, par value $0.001 per share ("Common Stock") were contributed in the aggregate to the Riesling Goods and Services Trust for no consideration by the Reporting Person (447,000), Riesling Power LLC (2,000,000) and Beowulf E&D Holdings Inc. (553,000). |