Form 4: Terawulf Director Catherine J. Motz Reports Changes in Beneficial Ownership

Director Catherine J. Motz reports acquisition and disposal of Terawulf Inc. common stock.

Summary

• On March 31, 2024, Catherine J. Motz, a director of Terawulf Inc., reported changes in beneficial ownership of the company's common stock.
• Motz acquired 5,704 shares of common stock.
• Motz disposed of an unspecified amount of shares.
• Following the reported transactions, Motz beneficially owns 150,211 shares of Terawulf Inc.
• The 5,704 shares were issued in lieu of cash retainers accrued since the beginning of the first fiscal quarter of 2024, at a price of $2.63 per share, based on the closing price as of March 28, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider transactions.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders and their holdings in the company.

Stakeholder Impact

• Shareholders may be interested in the trading activity of company directors as it can provide insights into their perspective on the company's value and future prospects.

Key Dates