SEC Form 4 · accession 0001887627-26-000008
Cipher Digital Inc. · CIFR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Iwaschuk
Officer — Co-President and CLO
Period of report
Jun 30, 2026
Accepted (ET)
Jul 2, 2026 · 4:40 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001819989
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 30, 2026 | M | 33,967 | — | A | 1,573,077 | D | |
| Common Stock | Jun 30, 2026 | F | 18,784 | $24.50 | D | 1,554,293 | D | |
| Common StockF1 | Jun 30, 2026 | M | 29,611 | — | A | 1,583,904 | D | |
| Common Stock | Jun 30, 2026 | F | 16,375 | $24.50 | D | 1,567,529 | D | |
| Common StockF2 | Jun 30, 2026 | M | 76,427 | — | A | 1,643,956 | D | |
| Common Stock | Jun 30, 2026 | F | 42,265 | $24.50 | D | 1,601,691 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Jun 30, 2026 | M | 33,967 | D | — | — | Common Stock | 33,967 | 999,749 | D |
| Restricted Stock UnitsF1,F4 | — | Jun 30, 2026 | M | 29,611 | D | — | — | Common Stock | 29,611 | 970,138 | D |
| Performance Stock UnitsF2,F5 | — | Jun 30, 2026 | M | 76,427 | D | — | — | Common Stock | 76,427 | 458,559 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
- F2Each performance stock unit ("PSU") represents a contingent right to receive one share of Issuer's Common Stock.
- F3The RSUs vest in equal quarterly installments over a three-year period, on March 31, June 30, September 30 and December 15 of each year, subject to the Reporting Person's continuous service on the applicable vesting date. The first vesting date occurred on March 31, 2025.
- F4The RSUs vest in equal quarterly installments over a three-year period, on March 31, June 30, September 30 and December 15 of each year, subject to the Reporting Person's continuous service on the applicable vesting date. The first vesting date occurred on March 31, 2026.
- F5305,707 earned PSUs vested on December 19, 2025, and the remaining earned PSUs vest in substantially equal quarterly installments, subject to the Reporting Person's continuous service on each vesting date. The first such vesting date occurred on March 31, 2026. These earned PSUs have no expiration date.