Form 4 for WULF TERAWULF INC.
Accepted 2026-04-16 21:28:34 ET · period of report 2025-12-31 · accession 0001083301-26-000065 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2026-04-16 21:28 | 2025-12-31 | WULF | Prager Paul B. | CEO, Dir | M - OptEx | — | +141.7K | 141.7K | New | — |
| D | 2026-04-16 21:28 | 2026-04-14 | WULF | Prager Paul B. | CEO, Dir | M - OptEx | — | +981.2K | 1.20M | +453% | — |
| D | 2026-04-16 21:28 | 2026-04-14 | WULF | Prager Paul B. | CEO, Dir | D - Sale to Iss | — | -535.4K | 662.4K | -45% | — |
| DI | 2026-04-16 21:28 | 2025-12-31 | WULF | Prager Paul B. | CEO, Dir | M - OptEx | — | -141.7K | 0 | -100% | — |
| D | 2026-04-16 21:28 | 2026-04-14 | WULF | Prager Paul B. | CEO, Dir | M - OptEx | — | -981.2K | 2.94M | -25% | — |
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 | 2025-12-31 | M | A | 141,726 | — | 141,726 | I By Allin Wulf LLC | — | — | (F1) Represents shares of common stock, $0.001 par value per share, of the Issuer ("Common Stock") received upon exercise of 141,726 warrants to purchase 141,726 shares of Common Stock ("Warrants"), at a price of $0.01 per share for an aggregate purchase price of $1,417.26. The Warrants were acquired on October 20, 2023 via a distribution from NovaWulf Digital Private Fund, LLC. (F2) By Allin WULF LLC ("Allin"). The Reporting Person is the sole manager of Allin and, as a result, may be deemed to beneficially own the shares of the Common Stock held by Allin. 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. |
| 2 | Common | Common stock, $0.001 par value per share | 2026-04-14 | M | A | 981,162 | — | 1,197,862 | D | — | — | (F3) The performance stock units vested 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 such date. |
| 3 | Common | Common stock, $0.001 par value per share | 2026-04-14 | D | D | 535,422 | — | 662,440 | D | — | — | (F4) The disposition is due to withholding to cover taxes, as a result of the Reporting Person's election of net settlement of performance stock units, which 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. |
| 4 | Derivative | Warrants | 2025-12-31 | M | D | 141,726 | — | 0 | I By Allin WULF LLC | — · 2024-04-01 to 2025-12-31 | 141,726 Common stock, $0.001 par value per share | (F1) Represents shares of common stock, $0.001 par value per share, of the Issuer ("Common Stock") received upon exercise of 141,726 warrants to purchase 141,726 shares of Common Stock ("Warrants"), at a price of $0.01 per share for an aggregate purchase price of $1,417.26. The Warrants were acquired on October 20, 2023 via a distribution from NovaWulf Digital Private Fund, LLC. (F1) Represents shares of common stock, $0.001 par value per share, of the Issuer ("Common Stock") received upon exercise of 141,726 warrants to purchase 141,726 shares of Common Stock ("Warrants"), at a price of $0.01 per share for an aggregate purchase price of $1,417.26. The Warrants were acquired on October 20, 2023 via a distribution from NovaWulf Digital Private Fund, LLC. |
| 5 | Derivative | Performance-Based Restricted Stock Units | 2026-04-14 | M | D | 981,162 | — | 2,943,485 | D | — · — to — | 981,162 Common stock, $0.001 par value per share | (F9) Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock, $0.001 par value per share. (F10) The remaining 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. (F3) The performance stock units vested 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 such date. (F3) The performance stock units vested 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 such date. |