Form 4: Terawulf Director Walter E. Carter Receives Shares in Lieu of Cash Retainers

Director Walter E. Carter acquired 3,755 shares of Terawulf Inc. common stock in lieu of cash retainers accrued since the beginning of the fourth fiscal quarter of 2024.

Summary

• On December 31, 2024, Walter E. Carter, a director of Terawulf Inc., acquired 3,755 shares of common stock.
• These shares were issued in lieu of cash retainers accrued since the beginning of the fourth fiscal quarter of 2024.
• The price per share was $5.66, which was the closing price as of December 31, 2024.
• Following this transaction, Carter directly owns 273,143 shares of Terawulf Inc.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard regulatory filing detailing an insider transaction. The transaction itself (taking shares instead of cash) could be interpreted slightly positively, but the filing is primarily informational.

Positives

• The director's decision to take shares in lieu of cash may signal confidence in the company's future prospects.

Industry Context

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

Stakeholder Impact

• The transaction has a minor impact on shareholders as it slightly increases the number of outstanding shares.

Key Dates