Form 4 for CIFR Cipher Digital Inc.
Accepted 2025-12-23 00:00:00 ET · period of report 2025-12-19 · accession 0001887623-25-000012 · 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 | 2025-12-23 | 2025-12-19 | CIFR | Page Tyler | CEO, Dir | F - Tax | $16.21 | -520.2K | 8.30M | -6% | -$8.43M |
| D | 2025-12-23 | 2025-12-19 | CIFR | Page Tyler | CEO, Dir | M - OptEx | $0.00 | +1.02M | 8.82M | +13% | $0 |
| D | 2025-12-23 | 2025-12-19 | CIFR | Page Tyler | CEO, Dir | M - OptEx | $0.00 | -1.02M | 2.04M | -33% | $0 |
| D | 2025-12-23 | 2025-12-19 | CIFR | Page Tyler | CEO, Dir | A - Grant | $0.00 | +3.06M | 3.06M | New | $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 | 2025-12-19 | F | D | 520,211 | $16.21 | 8,301,362 | D | — | — | |
| 2 | Common | Common Stock | 2025-12-19 | M | A | 1,019,022 | $0.00 | 8,821,573 | D | — | — | |
| 3 | Derivative | Performance Stock Units | 2025-12-19 | M | D | 1,019,022 | $0.00 | 2,038,044 | D | — · — to — | 1,019,022 Common Stock | (F1) Each performance stock unit ("PSU") represents a contingent right to receive one share of Issuer's Common Stock. (F3) 1,019,022 earned PSUs vested on December 19, 2025, and the remaining earned PSUs will vest in substantially equal quarterly installments, with the first such vesting date occurring on March 31, 2026, subject to the Reporting Person's continuous service on each vesting date. These earned PSUs have no expiration date. |
| 4 | Derivative | Performance Stock Units | 2025-12-19 | A | A | 3,057,066 | $0.00 | 3,057,066 | D | — · — to — | 3,057,066 Common Stock | (F2) Represents the number of units earned under a PSU award based on the Issuer's satisfaction of certain performance criteria of the award. In light of the performance-based conditions of the award, the award was not reportable under Section 16 until performance conditions were certified by the Compensation Committee as achieved (which occurred on December 19, 2025). (F1) Each performance stock unit ("PSU") represents a contingent right to receive one share of Issuer's Common Stock. (F3) 1,019,022 earned PSUs vested on December 19, 2025, and the remaining earned PSUs will vest in substantially equal quarterly installments, with the first such vesting date occurring on March 31, 2026, subject to the Reporting Person's continuous service on each vesting date. These earned PSUs have no expiration date. |