Form 4: Terawulf Director Steven T. Pincus Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Director Steven T. Pincus reports acquiring shares of Terawulf Inc. common stock in lieu of cash retainers and disposing of shares.
Summary
- On September 30, 2024, Steven T. Pincus, a director of Terawulf Inc. (WULF), reported changes in beneficial ownership of the company's common stock.
- Pincus acquired 5,877 shares of common stock at a price of $4.68 per share, issued in lieu of cash retainers accrued since the beginning of the third fiscal quarter of 2024.
- Pincus also disposed of 296,731 shares.
- Following these transactions, Pincus directly owns 296,731 shares of Terawulf Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in the public markets. It provides transparency into the actions of company leadership.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of transaction: acquisition of 5,877 shares and disposal of 296,731 shares. |
| 10/02/2024 | Date of signature for the Form 4 filing. |
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