[Form 4] TeraWulf Inc. Insider Trading Activity
Paul B. Prager, CEO and Director of TeraWulf Inc. (WULF), reported transactions on 08/12/2025. He acquired 15,000,000 shares of common stock issued to Riesling Power LLC as prepaid rent under a lease agreement dated October 12, 2025. After the reported transactions, he is reported as beneficially owning 36,100,000 shares through Riesling Power. The filing discloses an additional 3,554,688 shares that remain payable as prepaid rent once TeraWulf obtains shareholder approval to increase authorized common shares. The report also shows 4,795,580 shares held by Beowulf E&D Holdings, a 491,700-share disposition, and 5,000 shares held via Heorot Power Holdings.
Paul B. Prager, CEO e membro del consiglio di amministrazione di TeraWulf Inc. (WULF), ha segnalato operazioni il 08/12/2025. Ha acquisito 15.000.000 azioni di azioni ordinarie emesse a Riesling Power LLC come affitto anticipato ai sensi di un contratto di leasing datato 12 ottobre 2025. Dopo le operazioni segnalate, risulta beneficiariamente titolare di 36.100.000 azioni tramite Riesling Power. Il deposito dichiara inoltre ulteriori 3.554.688 azioni che resteranno dovute come affitto anticipato una volta che TeraWulf otterrà l'approvazione degli azionisti per aumentare le azioni ordinarie autorizzate. Il rapporto mostra anche 4.795.580 azioni detenute da Beowulf E&D Holdings, una cessione di 491.700 azioni e 5.000 azioni detenute tramite Heorot Power Holdings.
Paul B. Prager, director ejecutivo y director de TeraWulf Inc. (WULF), informó transacciones el 08/12/2025. ´¡»å±ç³Ü¾±°ù¾±Ã³ 15.000.000 acciones de acciones ordinarias emitidas a Riesling Power LLC como renta pagada por adelantado bajo un contrato de arrendamiento fechado el 12 de octubre de 2025. Tras las transacciones informadas, se le reporta como propietario beneficiario de 36.100.000 acciones a través de Riesling Power. La presentación también revela 3.554.688 acciones adicionales que seguirán siendo pagaderas como renta anticipada una vez que TeraWulf obtenga la aprobación de los accionistas para aumentar las acciones ordinarias autorizadas. El informe muestra además 4.795.580 acciones en poder de Beowulf E&D Holdings, una disposición de 491.700 acciones y 5.000 acciones mantenidas a través de Heorot Power Holdings.
TeraWulf Inc. (WULF)ì� CEO ê²� ì´ì‚¬ì� Paul B. PragerëŠ� 2025ë…� 08ì›� 12ì¼ìžë¡� 거래ë¥� ì‹ ê³ í–ˆìŠµë‹ˆë‹¤. 그는 임대계약(2025ë…� 10ì›� 12ì¼ìž)ì—� ë”°ë¼ ì„ ë¶ˆ 임차료로 Riesling Power LLCì—� 발행ë� 15,000,000ì£�ì� 보통주를 ì·¨ë“했습니다. ë³´ê³ ë� 거래 í›� 그는 Riesling Powerë¥� 통해 36,100,000ì£�ë¥� 실질ì 으ë¡� ë³´ìœ í•˜ê³ ìžˆëŠ” 것으ë¡� ë³´ê³ ë©ë‹ˆë‹�. ì œì¶œì„œë¥˜ì—는 ë˜í•œ TeraWulfê°€ ìŠ¹ì¸ ì£¼ì£¼ì´íšŒì—서 보통ì£� 발행 한ë„ë¥� 늘리ëŠ� 승ì¸ì� 얻으ë©� ì„ ë¶ˆ 임차료로 지급ë 3,554,688ì£�ê°€ 추가ë¡� 기재ë˜ì–´ 있습니다. ë³´ê³ ì„œì—ëŠ� ë˜í•œ Beowulf E&D Holdingsê°€ ë³´ìœ í•� 4,795,580ì£�, 491,700ì£� 처분, 그리ê³� Heorot Power Holdingsë¥� 통한 5,000ì£�ê°€ 기재ë˜ì–´ 있습니다.
Paul B. Prager, PDG et administrateur de TeraWulf Inc. (WULF), a déclaré des transactions le 12/08/2025. Il a acquis 15 000 000 actions d'actions ordinaires émises à Riesling Power LLC comme loyer payé d'avance en vertu d'un contrat de location daté du 12 octobre 2025. Après les transactions déclarées, il est indiqué comme propriétaire bénéficiaire de 36 100 000 actions via Riesling Power. Le dépôt révèle en outre 3 554 688 actions supplémentaires qui resteront dues en tant que loyer payé d'avance une fois que TeraWulf obtiendra l'approbation des actionnaires pour augmenter le nombre d'actions ordinaires autorisées. Le rapport indique également 4 795 580 actions détenues par Beowulf E&D Holdings, une cession de 491 700 actions et 5 000 actions détenues via Heorot Power Holdings.
Paul B. Prager, CEO und Direktor von TeraWulf Inc. (WULF), meldete Transaktionen am 12.08.2025. Er erwarb 15.000.000 Aktien von Stammaktien, die an Riesling Power LLC als im Voraus gezahlte Miete gemäß einem Leasingvertrag vom 12. Oktober 2025 ausgegeben wurden. Nach den gemeldeten Transaktionen wird er über Riesling Power mit 36.100.000 Aktien wirtschaftlich als Eigentümer geführt. Die Einreichung legt außerdem 3.554.688 Aktien offen, die als im Voraus zahlbare Miete verbleiben, sobald TeraWulf die Zustimmung der Aktionäre zur Erhöhung der genehmigten Stammaktien erhält. Der Bericht zeigt ferner 4.795.580 Aktien, die von Beowulf E&D Holdings gehalten werden, eine Veräußerung von 491.700 Aktien und 5.000 Aktien, die über Heorot Power Holdings gehalten werden.
- Material disclosure of large transaction: The filing clearly reports a 15,000,000-share issuance to Riesling Power LLC as prepaid rent.
- Detail on contingent issuance: The filing states that an additional 3,554,688 shares remain due and will be issued upon shareholder approval to increase authorized shares.
- Clear indirect ownership disclosure: The report discloses ownership through Riesling Power, Beowulf E&D Holdings, and Heorot with explanations of trusts and manager roles.
- Potential dilution: The issuance plus the additional 3,554,688 contingent shares require a charter amendment to increase authorized shares, which could dilute existing shareholders if approved.
- Insider disposition noted: The filing records a 491,700-share disposition during the reported period.
Insights
TL;DR: Large related-party issuance increases insider-aligned ownership but raises authorization and disclosure considerations.
The Form 4 shows a material issuance of 15,000,000 shares to Riesling Power LLC as prepaid rent, with an additional 3,554,688 shares contingent on shareholder approval to increase authorized shares. From a governance perspective, transactions between the company and entities tied to the CEO warrant clear disclosure of terms and independent board oversight to address potential conflicts. The filing properly discloses indirect ownership through trusts and manager roles, but shareholders should expect a vote on charter amendment before the full prepaid-rent issuance is completed.
TL;DR: Insider-related share issuance materially changes reported beneficial ownership and may affect float and authorization dynamics.
The report records a 15,000,000-share issuance and shows cumulative beneficial ownership figures: 36,100,000 shares via Riesling Power and 4,795,580 via Beowulf E&D Holdings, offset by a 491,700-share disposition. The contingent 3,554,688 shares await shareholder approval to increase authorized shares, indicating potential near-term dilution if approved. These are concrete, reportable changes in insider holdings and capitalization; analysts should track the charter amendment vote to determine final share count and public float impact.
Paul B. Prager, CEO e membro del consiglio di amministrazione di TeraWulf Inc. (WULF), ha segnalato operazioni il 08/12/2025. Ha acquisito 15.000.000 azioni di azioni ordinarie emesse a Riesling Power LLC come affitto anticipato ai sensi di un contratto di leasing datato 12 ottobre 2025. Dopo le operazioni segnalate, risulta beneficiariamente titolare di 36.100.000 azioni tramite Riesling Power. Il deposito dichiara inoltre ulteriori 3.554.688 azioni che resteranno dovute come affitto anticipato una volta che TeraWulf otterrà l'approvazione degli azionisti per aumentare le azioni ordinarie autorizzate. Il rapporto mostra anche 4.795.580 azioni detenute da Beowulf E&D Holdings, una cessione di 491.700 azioni e 5.000 azioni detenute tramite Heorot Power Holdings.
Paul B. Prager, director ejecutivo y director de TeraWulf Inc. (WULF), informó transacciones el 08/12/2025. ´¡»å±ç³Ü¾±°ù¾±Ã³ 15.000.000 acciones de acciones ordinarias emitidas a Riesling Power LLC como renta pagada por adelantado bajo un contrato de arrendamiento fechado el 12 de octubre de 2025. Tras las transacciones informadas, se le reporta como propietario beneficiario de 36.100.000 acciones a través de Riesling Power. La presentación también revela 3.554.688 acciones adicionales que seguirán siendo pagaderas como renta anticipada una vez que TeraWulf obtenga la aprobación de los accionistas para aumentar las acciones ordinarias autorizadas. El informe muestra además 4.795.580 acciones en poder de Beowulf E&D Holdings, una disposición de 491.700 acciones y 5.000 acciones mantenidas a través de Heorot Power Holdings.
TeraWulf Inc. (WULF)ì� CEO ê²� ì´ì‚¬ì� Paul B. PragerëŠ� 2025ë…� 08ì›� 12ì¼ìžë¡� 거래ë¥� ì‹ ê³ í–ˆìŠµë‹ˆë‹¤. 그는 임대계약(2025ë…� 10ì›� 12ì¼ìž)ì—� ë”°ë¼ ì„ ë¶ˆ 임차료로 Riesling Power LLCì—� 발행ë� 15,000,000ì£�ì� 보통주를 ì·¨ë“했습니다. ë³´ê³ ë� 거래 í›� 그는 Riesling Powerë¥� 통해 36,100,000ì£�ë¥� 실질ì 으ë¡� ë³´ìœ í•˜ê³ ìžˆëŠ” 것으ë¡� ë³´ê³ ë©ë‹ˆë‹�. ì œì¶œì„œë¥˜ì—는 ë˜í•œ TeraWulfê°€ ìŠ¹ì¸ ì£¼ì£¼ì´íšŒì—서 보통ì£� 발행 한ë„ë¥� 늘리ëŠ� 승ì¸ì� 얻으ë©� ì„ ë¶ˆ 임차료로 지급ë 3,554,688ì£�ê°€ 추가ë¡� 기재ë˜ì–´ 있습니다. ë³´ê³ ì„œì—ëŠ� ë˜í•œ Beowulf E&D Holdingsê°€ ë³´ìœ í•� 4,795,580ì£�, 491,700ì£� 처분, 그리ê³� Heorot Power Holdingsë¥� 통한 5,000ì£�ê°€ 기재ë˜ì–´ 있습니다.
Paul B. Prager, PDG et administrateur de TeraWulf Inc. (WULF), a déclaré des transactions le 12/08/2025. Il a acquis 15 000 000 actions d'actions ordinaires émises à Riesling Power LLC comme loyer payé d'avance en vertu d'un contrat de location daté du 12 octobre 2025. Après les transactions déclarées, il est indiqué comme propriétaire bénéficiaire de 36 100 000 actions via Riesling Power. Le dépôt révèle en outre 3 554 688 actions supplémentaires qui resteront dues en tant que loyer payé d'avance une fois que TeraWulf obtiendra l'approbation des actionnaires pour augmenter le nombre d'actions ordinaires autorisées. Le rapport indique également 4 795 580 actions détenues par Beowulf E&D Holdings, une cession de 491 700 actions et 5 000 actions détenues via Heorot Power Holdings.
Paul B. Prager, CEO und Direktor von TeraWulf Inc. (WULF), meldete Transaktionen am 12.08.2025. Er erwarb 15.000.000 Aktien von Stammaktien, die an Riesling Power LLC als im Voraus gezahlte Miete gemäß einem Leasingvertrag vom 12. Oktober 2025 ausgegeben wurden. Nach den gemeldeten Transaktionen wird er über Riesling Power mit 36.100.000 Aktien wirtschaftlich als Eigentümer geführt. Die Einreichung legt außerdem 3.554.688 Aktien offen, die als im Voraus zahlbare Miete verbleiben, sobald TeraWulf die Zustimmung der Aktionäre zur Erhöhung der genehmigten Stammaktien erhält. Der Bericht zeigt ferner 4.795.580 Aktien, die von Beowulf E&D Holdings gehalten werden, eine Veräußerung von 491.700 Aktien und 5.000 Aktien, die über Heorot Power Holdings gehalten werden.