Form 4: Gryphon Digital Mining CEO Reports Routine Share Withholding for Taxes

Gryphon Digital Mining's CEO, Steven D. Gutterman, reported a standard transaction involving the withholding of 149,086 common shares to cover tax obligations related to the vesting of Restricted Stock Units.

Summary

• Steven D. Gutterman, Chief Executive Officer and Director of Gryphon Digital Mining, Inc. (GRYP), reported a transaction on July 31, 2025.
• The transaction involved the disposition of 149,086 shares of common stock, which were withheld by the Issuer to cover withholding taxes in connection with the vesting and settlement of Restricted Stock Units (RSUs).
• The shares were valued at a weighted average price of $1.027 per share for tax withholding purposes.
• Following this transaction, Steven D. Gutterman directly beneficially owns 527,705 shares of common stock.
• Additionally, 1,142,524 shares of common stock are issuable upon the settlement of RSUs, subject to continued service with the Issuer through their respective vesting dates.

Sentiment

Score: 5

Explanation: The filing reports a routine transaction involving shares withheld for tax purposes upon RSU vesting, which is a neutral event in the context of executive compensation and does not indicate positive or negative operational performance.

Future Outlook

1,142,524 shares of common stock are issuable upon the settlement of Restricted Stock Units, contingent on continued service with the Issuer through their respective vesting dates, indicating future equity compensation.

Industry Context

This insider transaction is a routine compensation event for a senior executive in a publicly traded company, common across various industries including digital mining, and does not directly reflect broader industry trends or competitive dynamics.

Related Party Transactions

• The transaction involves the Chief Executive Officer and Director, Steven D. Gutterman, and the Issuer, Gryphon Digital Mining, Inc., which constitutes a related party transaction in the context of executive compensation and share withholding for taxes.

Stakeholder Impact

• Shareholders: The transaction is a routine disclosure of executive compensation and tax management, with minimal direct impact on current share value or ownership structure.
• Employees: The transaction reflects standard executive compensation practices, which may indirectly influence employee perception of compensation structures within the company.

Next Steps

• Continued service by Steven D. Gutterman with Gryphon Digital Mining is required for the vesting of the remaining 1,142,524 Restricted Stock Units.

Key Dates

Keywords

Gryphon Digital Mining, GRYP, Form 4, Insider Transaction, CEO, Steven Gutterman, Restricted Stock Units, RSU, Share Withholding, Beneficial Ownership, Digital Mining