Form 4: Terawulf Director Sells Shares Under 10b5-1 Plan

Terawulf Director Amanda Fabiano sold 4,600 shares of common stock for $8.64 per share, reducing her direct holdings to 40,769 shares.

Summary

• Director Amanda Fabiano sold 4,600 shares of Terawulf Inc. common stock.
• The transaction occurred on August 15, 2025.
• The shares were sold at a price of $8.64 per share.
• Following the sale, Fabiano directly beneficially owns 40,769 shares of common stock.
• The transaction was executed pursuant to a Rule 10b5-1 pre-arranged trading plan.

Sentiment

Score: 4

Explanation: A director's sale of shares, even if pre-planned under a 10b5-1 plan, is generally viewed as a slight negative as it reduces insider ownership. However, the pre-planned nature mitigates the negative signal compared to an unannounced, opportunistic sale.

Positives

• The transaction was conducted under a Rule 10b5-1 plan, indicating a pre-scheduled sale rather than a reaction to new, undisclosed information.

Negatives

• A director's sale of shares reduces insider ownership, which can sometimes be perceived negatively by investors.
• The sale represents a reduction in direct beneficial ownership by 4,600 shares.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: May interpret the director's sale as a slight negative signal regarding future stock performance, although the 10b5-1 plan mitigates this. It reduces the alignment of interests through direct share ownership.

Key Dates

Keywords

Terawulf, WULF, Insider Trading, Form 4, Stock Sale, Director, Amanda Fabiano, 10b5-1 Plan, Common Stock