
Insider filings
TeraWulf Inc. (WULF)
NASDAQ · Financial Services · 329 insider transactions · last filed 24 days ago
About TeraWulf Inc.
from the company's filings and listing, as of Oct 20, 2026- Exchange
- NASDAQ
- Sector
- Financial Services
- Industry
- Financial - Capital Markets
- Chief executive
- Paul Prager
- Employees
- 141
- Listed since
- -
- Market value
- $6.0B
- Price to earnings (12 mo)
- -
- Net income per share, as reported (12 mo)
- -$4.01
- Dividend yield
- -
Earnings
6 reported quarters · next on Nov 6, 2026| Quarter | EPS | EPS expected | Revenue | Revenue expected | Result |
|---|---|---|---|---|---|
| Q2 FY2026reported Aug 5, 2026 | -$1.94 | -$0.24 | $44.8M | $46.0M | EPS miss, GAAPRevenue miss |
| Q1 FY2026reported May 8, 2026 | -$1.01 | -$0.19 | $34.0M | $34.7M | EPS miss, GAAPRevenue miss |
| Q4 FY2025reported Feb 26, 2026 | -$0.28 | -$0.13 | $35.9M | $44.6M | EPS missRevenue miss |
| Q3 FY2025reported Nov 10, 2025 | -$1.13 | -$0.04 | $50.6M | $53.0M | EPS miss, GAAPRevenue miss |
| Q2 FY2025reported Aug 8, 2025 | -$0.05 | -$0.04 | $47.6M | $47.3M | EPS miss, GAAPRevenue in line |
| Q1 FY2025reported May 9, 2025 | -$0.16 | -$0.07 | $34.4M | $41.3M | EPS miss, GAAPRevenue miss |
Actual against the consensus estimate at the time. A flag marks a beat or a miss of more than 1.5% either way; inside that band the quarter is in line. A flag marked GAAP compares a GAAP figure the company reported with an adjusted consensus, two different measures, so a one-time gain or charge can move it either way. A flag reads n/a only when a number is missing. Quarterly EPS is the figure set against the consensus, usually adjusted, so the quarters need not add up to the 12-month net income per share above. An estimate is a forecast made by analysts, not a company target.
Executive pay
as filed for fiscal 2025 · proxy filed Apr 28, 2026| Executive | Salary | Stock awards | Other | Total |
|---|---|---|---|---|
| Paul PragerChief Executive Officer and Chairman of the Board of Directors | $1.0M | $23.2M | $15.3M | $39.4M |
| Nazar KhanChief Technology Officer and Director | $750K | $19.2M | $10.1M | $30.1M |
| Kerri LanglaisChief Strategy Officer and Director | $500K | $12.6M | $7.1M | $20.2M |
| Patrick FleuryChief Financial Officer | $500K | $12.6M | $7.0M | $20.1M |
| William TanimotoChief Accounting Officer | $246K | $613K | $192K | $1.1M |
The summary compensation table from the proxy statement for fiscal 2025, with titles as filed then. 1 executive who has since left the company is named in that filing and not shown here. Read the filing
Institutional holders
13F positions as of Jun 30, 2026| Holder | Value | Shares | Shares vs prior qtr | % of shares out |
|---|---|---|---|---|
| Lone Pine Capital LLC | $596.4M | 24,144,625 | +21.2% | 4.97% |
| BlackRock, Inc. | $577.8M | 23,392,928 | -16.9% | 4.82% |
| Vanguard Portfolio Management LLC | $550.7M | 22,295,667 | -0.7% | 4.59% |
| Vanguard Capital Management LLC | $442.1M | 17,896,846 | +14.5% | 3.68% |
| FMR LLC | $356.8M | 14,444,267 | +201.6% | 2.97% |
| Value Aligned Research Advisors, LLC | $302.9M | 12,263,135 | +56.3% | 2.52% |
| Morgan Stanley | $293.8M | 11,894,191 | +100.6% | 2.45% |
| Two Sigma Investments, LP | $283.9M | 11,495,860 | +46.7% | 2.37% |
| Geode Capital Management, LLC | $234.0M | 7,916,252 | -7.1% | 1.63% |
| Scoggin Management LP | $193.3M | 7,825,000 | +4.3% | 1.61% |
| Invesco Ltd. | $175.6M | 7,107,793 | +76.6% | 1.46% |
| Citadel Advisors LLCKen Griffin | $175.3M | 7,095,725 | +151.2% | 1.46% |
A 13F reports long US equity positions and is filed within 45 days of the quarter end, so these are positions as they stood on Jun 30, 2026. For a manager's whole book see the fund directory. What a 13F covers and leaves out is explained in our guide to Form 13F.
Tracked fund managers holding WULF
3 managers| Manager | Value | Shares | Share of book |
|---|---|---|---|
| Lone Pine CapitalStephen Mandel | $596.4M | 24,144,625 | 3.6% |
| Voloridge Investment Management | $170.0M | 6,882,819 | 0.7% |
| Empyrean Capital Partners | $21.8M | 882,000 | 0.7% |
3 of the 97 fund managers we track list WULF shares among the largest positions in their latest 13F, filed for Q2 2026. A manager can hold it further down the book too, so this is a floor, not a count. Share of book is the position against the manager's whole disclosed 13F value.
Open-market insider trades
15 filings shown · newest filing first| Insider | Action | Shares | Price | Value | Trade date | Delay (business days) |
|---|---|---|---|---|---|---|
| Michael C. BucellaDirector | Bought | 6,085 | $14.79 | $90K | Sep 15, 2026filed Sep 16, 2026 | 1d |
| Catherine J. MotzDirector | Sold | 56,023 | $17.81 | $998K | Sep 8, 2026filed Sep 9, 2026 | 1d |
| Walter E. CarterDirector | Sold | 130,626 | $15.14 | $2.0M | Aug 31, 2026filed Sep 1, 2026 | 1d |
| Paul B. PragerChief Executive Officer | Sold · scheduled | 137,500 | $17.06 | $2.3M | Aug 27, 2026filed Aug 28, 2026 | 1d |
| Michael C. BucellaDirector | Bought | 2,860 | $17.47 | $50K | Aug 17, 2026filed Aug 17, 2026 | 0d |
| Michael C. BucellaDirector | Bought | 3,023 | $16.54 | $50K | Aug 14, 2026filed Aug 17, 2026 | 1d |
| Paul B. PragerChief Executive Officer | Sold · scheduled | 137,500 | $26.60 | $3.7M | Jun 29, 2026filed Jul 1, 2026 | 2d |
| Paul B. PragerChief Executive Officer | Sold · scheduled · 2 lines | 166,650 | $25.92 | $4.3M | May 27, 2026filed May 28, 2026 | 1d |
| Paul B. PragerChief Executive Officer | Sold · scheduled | 166,650 | $24.43 | $4.1M | May 26, 2026filed May 28, 2026 | 2d |
| Paul B. PragerChief Executive Officer | Sold · 2 lines | 79,200 | $20.62 | $1.6M | Apr 28, 2026filed Apr 28, 2026 | 0d |
| Paul B. PragerChief Executive Officer | Sold · 2 lines | 137,500 | $20.80 | $2.9M | Apr 27, 2026filed Apr 28, 2026 | 1d |
| Nazar M. KhanChief Technology Officer | Sold | 452,152 | n/a | n/a | Apr 24, 2026filed Apr 24, 2026 | 0d |
| Paul B. PragerChief Executive Officer | Sold · scheduled · 2 lines | 137,500 | $16.96 | $2.3M | Mar 25, 2026filed Mar 25, 2026 | 0d |
| Paul B. PragerChief Executive Officer | Sold · scheduled | 137,500 | $16.10 | $2.2M | Mar 24, 2026filed Mar 25, 2026 | 1d |
| Michael C. BucellaDirector | Bought | 1,665 | $15.04 | $25K | Mar 20, 2026filed Mar 20, 2026 | 0d |
One row is one filing, newest filing first. A filing that reported its trade in several tranches is summed, priced at the weighted average, and marked with its line count. Scheduled: set up in advance under a Rule 10b5-1 trading plan. A value reads n/a where a line of the filing gave no price, or gave one far above the stock's close that day, as a price in another currency does; the filing has the figures. The delay counts business days from the trade to the filing, the unit of Form 4's two business day deadline: weekends and federal holidays are skipped. How the filing itself works is explained in our guide to Form 4.
Other Form 4 activity (20)
| Insider | Event | Shares | Date |
|---|---|---|---|
| Lisa A. PragerDirector | Stock award | 1,690 | Sep 30, 2026 |
| Walter E. CarterDirector | Stock award | 2,112 | Sep 30, 2026 |
| Michael C. BucellaDirector | Stock award | 1,690 | Sep 30, 2026 |
| Nazar M. KhanChief Technology Officer | Option exercise | 666,667 | Sep 29, 2026 |
| Paul B. PragerChief Executive Officer | Other (see filing) | 3,000,000 | Sep 22, 2026 |
| Nazar M. KhanChief Technology Officer | Other (see filing) | 350,000 | Sep 10, 2026 |
| William Joseph TanimotoChief Accounting Officer | Option exercise | 6,666 | Aug 16, 2026 |
| Kerri M. LanglaisChief Strategy Officer | Disposed to issuer | 276,500 | Aug 3, 2026 |
| Kerri M. LanglaisChief Strategy Officer | Option exercise | 500,000 | Aug 1, 2026 |
| Patrick FleuryChief Financial Officer | Option exercise | 500,000 | Aug 1, 2026 |
| Michael C. BucellaDirector | Stock award | 1,013 | Jun 30, 2026 |
| Walter E. CarterDirector | Stock award | 1,266 | Jun 30, 2026 |
| Lisa A. PragerDirector | Stock award | 1,013 | Jun 30, 2026 |
| Michael C. BucellaDirector | Stock award | 6,950 | Jun 23, 2026 |
| Michael C. BucellaDirector | Option exercise | 56,023 | Jun 23, 2026 |
| Walter E. CarterDirector | Stock award | 6,950 | Jun 23, 2026 |
| Walter E. CarterDirector | Option exercise | 56,023 | Jun 23, 2026 |
| Amanda FabianoDirector | Stock award | 6,950 | Jun 23, 2026 |
| Amanda FabianoDirector | Option exercise | 56,023 | Jun 23, 2026 |
| Catherine J. MotzDirector | Stock award | 6,950 | Jun 23, 2026 |
Awards, option exercises, shares withheld to cover tax and gifts all file on the same form as a purchase or a sale. None of them is a decision to trade, so they sit here rather than beside the ones that are.
Questions
Are insiders buying or selling WULF?
Across the 15 most recent open-market filings shown here, 4 were purchases and 11 were sales. 6 were scheduled in advance under a Rule 10b5-1 plan.
How quickly are WULF trades disclosed?
Insider filings on this page reached the public a median of 1 business day after the transaction (weekends and federal holidays skipped), against the two business days Form 4 allows.
How to read a Form 4
A DECISION THE INSIDER MADE
COMPENSATION PLUMBING
Congress rows disclose a value range rather than an exact amount, and the STOCK Act allows up to 45 days to report. Full sourcing and the limits of this data are on the methodology page. A filing is a record of a transaction, not a signal, and nothing here is investment advice.
Data as of Oct 26, 2026.
