KHAN NAZAR M. (COO & Chief Technology Officer) exercised options at TERAWULF INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 5/21/2026ACC: 0001083301-26-000105
DirectorOfficer· COO & Chief Technology Officer
Since Dec 2021
-452.15K
Net shares
Net seller
$0.00
Total acquired
0
Open market trades
0B · 0S
3
Total transactions
817.63K acquired · 1.27M disposed
Non-Derivative Transactions2
Common stock, $0.001 par value per share
Direct
Shares
+817.63K
Price / share
—
Trade value
—
% of position
74.1%
5/18/2026
1.10M→1.92M
Common stock, $0.001 par value per share
Direct
Shares
−452.15K
Price / share
—
Trade value
—
% of position
23.5%
5/18/2026
1.92M→1.47M
Total
Net shares
+365.48K
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common stock, $0.001 par value per share Direct | 5/18/2026 | M · Option Exercise | +817.63K | — | — | 74.1% | 1.10M | 1.92M |
| Common stock, $0.001 par value per share Direct | 5/18/2026 | D · Disposition | −452.15K | — | — | 23.5% | 1.92M | 1.47M |
| Total | +365.48K | $0.00 | ||||||
Derivative Transactions1
Performance-Based Restricted Stock Units
Direct
Converts to
Common stock, $0.001 par value per share
817.63K shares
Shares
−817.63K
Strike price
Held after
0.00
Exercisable
—
5/18/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Performance-Based Restricted Stock Units Direct | Common stock, $0.001 par value per share817.63K shares | 5/18/2026 | M · Option Exercise | −817.63K | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)4
Common stock, $0.001 par value per share
IndirectShares owned14.32M
Common stock, $0.001 par value per share
IndirectShares owned7.27M
Common stock, $0.001 par value per share
IndirectShares owned4.02M
Common stock, $0.001 par value per share
IndirectShares owned414.94K
Total
26.03M indirect26.03M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common stock, $0.001 par value per share | 14.32M | Indirect |
| Common stock, $0.001 par value per share | 7.27M | Indirect |
| Common stock, $0.001 par value per share | 4.02M | Indirect |
| Common stock, $0.001 par value per share | 414.94K | Indirect |
| Total | 26.03M | 26.03M indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported