Form 4: Cipher Mining Inc. Executive William Iwaschuk Reports Stock Transactions

William Iwaschuk, Co-President and CLO of Cipher Mining Inc., reports the vesting and subsequent disposal of shares related to restricted stock units.

Summary

• On March 31, 2025, William Iwaschuk, Co-President and CLO of Cipher Mining Inc., reported transactions involving Cipher Mining Inc. common stock.
• Iwaschuk acquired 33,968 shares of common stock through the vesting of restricted stock units (RSUs).
• Simultaneously, Iwaschuk disposed of 13,690 shares to cover tax obligations at a price of $2.3 per share.
• Following these transactions, Iwaschuk directly owns 953,688 shares of Cipher Mining Inc. common stock and 2,014,081 restricted stock units.
• The RSUs vest in equal quarterly installments over a three-year period, with the first vesting date on March 31, 2025.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.

Future Outlook

The remaining RSUs will continue to vest in equal quarterly installments over the next three years, subject to continuous service.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives. It is a standard practice for publicly traded companies.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
• Employees holding RSUs may be interested in the vesting schedule and tax implications.

Key Dates

Keywords

Cipher Mining Inc., William Iwaschuk, insider trading, Form 4, restricted stock units, RSU, stock disposal, stock acquisition, beneficial ownership, CIFR