Form 4 for CIFR Cipher Digital Inc.
Accepted 2025-12-17 00:00:00 ET · period of report 2025-12-15 · accession 0001887616-25-000012 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-12-17 | 2025-12-15 | CIFR | Kelly Patrick Arthur | COO, Co-Pres | S - Sale+OE | $15.08 | -35.6K | 1.15M | -3% | -$536.4K |
| DM | 2025-12-17 | 2025-12-15 | CIFR | Kelly Patrick Arthur | COO, Co-Pres | M - OptEx | — | +504.2K | 1.42M | +55% | — |
| DM | 2025-12-17 | 2025-12-15 | CIFR | Kelly Patrick Arthur | COO, Co-Pres | F - Tax | $14.74 | -257.4K | 1.40M | -16% | -$3.79M |
| DM | 2025-12-17 | 2025-12-15 | CIFR | Kelly Patrick Arthur | COO, Co-Pres | M - OptEx | $0.00 | -504.2K | 942.6K | -35% | $0 |
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 | 2025-12-15 | S | D | 35,569 | $15.08 | 1,151,770 | D | — | — | (F1) The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 12, 2025. (F2) The sales were executed in multiple trades at prices ranging from $14.63 to $16.70. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4. |
| 2 | Common | Common Stock | 2025-12-15 | M | A | 470,219 | — | 1,621,989 | D | — | — | (F3) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. |
| 3 | Common | Common Stock | 2025-12-15 | F | D | 240,047 | $14.74 | 1,381,942 | D | — | — | |
| 4 | Common | Common Stock | 2025-12-15 | F | D | 17,341 | $14.74 | 1,398,569 | D | — | — | |
| 5 | Common | Common Stock | 2025-12-15 | M | A | 33,968 | — | 1,415,910 | D | — | — | (F3) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. |
| 6 | Derivative | Restricted Stock Units | 2025-12-15 | M | D | 33,968 | $0.00 | 908,624 | D | — · — to — | 33,968 Common Stock | (F3) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. (F5) The RSUs vest in equal quarterly installments over a three-year period, on March 31, June 30, September 30 and December 15 of each year, subject to the Reporting Person's continuous service on the applicable vesting date. The first vesting date occurred on March 31, 2025. |
| 7 | Derivative | Restricted Stock Units | 2025-12-15 | M | D | 470,219 | $0.00 | 942,592 | D | — · — to — | 470,219 Common Stock | (F3) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. (F4) Represents the early vesting and settlement of the second installment of the RSU award granted on March 9, 2024. |