TeraWulf (NASDAQ: WULF) CAO reports RSU vesting, tax withholding shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TeraWulf Inc. Chief Accounting Officer William Joseph Tanimoto reported equity award activity involving company stock. On January 9, 2026, 16,667 restricted stock units converted into an equal number of common shares as they vested on the second anniversary of a January 9, 2024 grant, contingent on continued employment.
On the same date, 5,296 common shares were automatically disposed of to cover taxes from Mr. Tanimoto’s net settlement election for the RSU vesting. After these transactions, he directly held 38,898 shares of common stock and 16,666 restricted stock units, with the remaining units scheduled to vest on the third anniversary of January 9, 2024, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
16,667 shares exercised/converted
Mixed
3 txns
Insider
Tanimoto William Joseph
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 16,667 | $0.00 | -- |
| Exercise | Common stock, $0.001 par value per share | 16,667 | $0.00 | -- |
| Disposition | Common stock, $0.001 par value per share | 5,296 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 16,666 shares (Direct);
Common stock, $0.001 par value per share — 44,194 shares (Direct)
Footnotes (1)
- The Reporting Person received restricted stock units which vested in accordance with their terms upon the second anniversary of January 9, 2024, as reflected in this Form 4, subject to the Reporting Person's continued employment or service with the Issuer through such date. The disposition is due to withholding to cover taxes, as a result of the Reporting Person's election of net settlement with regard to the vesting of restricted stock units, which vested on January 9, 2026, as reflected in this Form 4. Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock, $0.001 par value per share. The restricted stock units vested upon the second anniversary of January 9, 2024, subject to the Reporting Person's continued employment or service with the Issuer through each such date. The remaining restricted stock units will vest upon the third anniversary of January 9, 2024, subject to the Reporting Person's continued employment or service with the Issuer through each such date.
FAQ
What insider transactions did TeraWulf (WULF) report for William Joseph Tanimoto?
On January 9, 2026, Chief Accounting Officer William Joseph Tanimoto reported the vesting of 16,667 restricted stock units into common stock and the automatic disposition of 5,296 common shares to cover taxes.
What are the terms of the TeraWulf restricted stock units reported in this Form 4?
Each restricted stock unit represents a contingent right to receive one share of TeraWulf common stock. The units vested on the second anniversary of January 9, 2024, and the remaining units are scheduled to vest on the third anniversary, in each case subject to Mr. Tanimoto’s continued employment or service.
Is this TeraWulf (WULF) Form 4 transaction part of a trading plan?
The Form 4 includes a checkbox for transactions made under a Rule 10b5-1 trading plan, but the provided content does not indicate that this specific set of transactions was made under such a plan.
What role does the reporting person hold at TeraWulf (WULF)?
The reporting person, William Joseph Tanimoto, is identified as an officer of TeraWulf Inc., serving as the company’s Chief Accounting Officer.