KELLY PATRICK ARTHUR (Chief Operating Officer) exercised options at CIPHER DIGITAL INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

KELLY PATRICK ARTHUR

Filed: 7/2/2026ACC: 0001887616-26-000020

InsiderKELLY PATRICK ARTHURCIK 1887616

→

IssuerCIPHER DIGITAL INC.CIK 1819989

Officer· Chief Operating Officer

Since Aug 2021

-71.47K

Net shares

Net seller

$1.75M

Total sold

Open market trades

0B · 0S

Total transactions

140K acquired · 211.48K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+33.97K

Price / share

—

Trade value

—

% of position

2.2%

6/30/2026

1.53M→1.57M

Common Stock

Direct

F · Tax Withholding

−17.34K

Price / share

$24.50

Trade value

$424.85K

% of position

1.1%

6/30/2026

1.57M→1.55M

Common Stock

Direct

M · Option Exercise

+29.61K

Price / share

—

Trade value

—

% of position

1.9%

6/30/2026

1.55M→1.58M

Common Stock

Direct

F · Tax Withholding

−15.12K

Price / share

$24.50

Trade value

$370.37K

% of position

1.0%

6/30/2026

1.58M→1.56M

Common Stock

Direct

M · Option Exercise

+76.43K

Price / share

—

Trade value

—

% of position

4.9%

6/30/2026

1.56M→1.64M

Common Stock

Direct

F · Tax Withholding

−39.02K

Price / share

$24.50

Trade value

$955.89K

% of position

2.4%

6/30/2026

1.64M→1.60M

Total

Net shares

+68.53K

Net value

-$1.75M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	6/30/2026	M · Option Exercise	+33.97K	—	—	2.2%	1.53M	1.57M
Common Stock Direct	6/30/2026	F · Tax Withholding	−17.34K	$24.50	$424.85K	1.1%	1.57M	1.55M
Common Stock Direct	6/30/2026	M · Option Exercise	+29.61K	—	—	1.9%	1.55M	1.58M
Common Stock Direct	6/30/2026	F · Tax Withholding	−15.12K	$24.50	$370.37K	1.0%	1.58M	1.56M
Common Stock Direct	6/30/2026	M · Option Exercise	+76.43K	—	—	4.9%	1.56M	1.64M
Common Stock Direct	6/30/2026	F · Tax Withholding	−39.02K	$24.50	$955.89K	2.4%	1.64M	1.60M
Total			+68.53K		-$1.75M

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

33.97K shares

−33.97K

Strike price

Held after

999.75K

Exercisable

—

6/30/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

29.61K shares

−29.61K

Strike price

Held after

970.14K

Exercisable

—

6/30/2026

Performance Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

76.43K shares

−76.43K

Strike price

Held after

458.56K

Exercisable

—

6/30/2026

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock33.97K shares	6/30/2026	M · Option Exercise	−33.97K	—	999.75K
Restricted Stock Units Direct	Common Stock29.61K shares	6/30/2026	M · Option Exercise	−29.61K	—	970.14K
Performance Stock Units Direct	Common Stock76.43K shares	6/30/2026	M · Option Exercise	−76.43K	—	458.56K