Companies Terawulf Inc
Terawulf (WULF): executive pay, fiscal 2025
Free brief. Every figure links to the company’s own filing.
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CEO pay, last three years
- $2,394,178FY2023
- $6,912,640FY2024
- $39,411,005FY2025
CEO total pay was $39,411,005 in fiscal 2025, up from $6,912,640 in fiscal 2024.
FY2025: salary $1,000,372 · bonus $15,000,000 · stock awards $23,151,000 · option awards $0
Executives and directors
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Paul Prager | $1,000,372 | $15,000,000 | $23,151,000 | $0 | $0 | $0 | $259,633 | $39,411,005 |
| Chief Executive Officer and Chairman of the Board of Directors | ||||||||
| Nazar Khan | 750,372 | 10,000,000 | 19,176,000 | 0 | 0 | 0 | 133,077 | 30,059,449 |
| Chief Technology Officer and Director | ||||||||
| Kerri Langlais | 500,372 | 7,000,000 | 12,600,000 | 0 | 0 | 0 | 88,630 | 20,189,002 |
| Chief Strategy Officer and Director | ||||||||
| Patrick Fleury | 500,372 | 7,000,000 | 12,600,000 | 0 | 0 | 0 | 33,377 | 20,133,749 |
| Chief Financial Officer | ||||||||
| William Tanimoto | 245,795 | 180,000 | 612,900 | 0 | 0 | 0 | 12,358 | 1,051,053 |
| Chief Accounting Officer | ||||||||
| Kenneth Deane | 175,124 | 0 | 436,800 | 0 | 0 | 0 | 16,184 | 628,108 |
| Former Chief Accounting Officer and Treasurer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Paul Prager | $39,411,005 | $6,912,640 | $2,394,178 | ↑ +32,498,365 |
| Nazar Khan | 30,059,449 | 6,127,084 | — | ↑ +23,932,365 |
| Kerri Langlais | 20,189,002 | 9,599,388 | 1,543,565 | ↑ +10,589,614 |
| Patrick Fleury | 20,133,749 | 9,681,385 | 1,516,164 | ↑ +10,452,364 |
| William Tanimoto | 1,051,053 | — | — | — |
| Kenneth Deane | 628,108 | 1,173,057 | 651,669 | ↓ −544,949 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The Company's executive compensation program is designed to attract, retain and reward highly qualified executives while aligning their interests with those of stockholders, emphasizing pay-for-performance with a significant portion of total compensation delivered in variable, at-risk forms, including long-term equity incentives.
| CEO STI target (% of salary) | 150% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Lyons, Benenson & Company Inc. |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | false |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2025
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Kenneth Deane | RSU | 2025-01-02 | — | — | 80,000 | — | $436,800 |
| Patrick Fleury | RSU | 2025-08-01 | — | — | 1,500,000 | — | 7,140,000 |
| William Tanimoto | RSU | 2025-10-16 | — | — | 30,000 | — | 415,800 |
| Kerri Langlais | RSU | 2025-01-02 | — | — | 1,000,000 | — | 5,460,000 |
| William Tanimoto | RSU | 2025-01-02 | — | — | 15,000 | — | 81,900 |
| Paul Prager | PSU | 2025-01-02 | — | 500,000 | — | 1,000,000 | 5,245,000 |
| Nazar Khan | RSU | 2025-01-02 | — | — | 1,000,000 | — | 5,460,000 |
| Kerri Langlais | RSU | 2025-08-01 | — | — | 1,500,000 | — | 7,140,000 |
| William Tanimoto | RSU | 2025-06-24 | — | — | 30,000 | — | 115,200 |
| Nazar Khan | RSU | 2025-08-01 | — | — | 2,000,000 | — | 9,520,000 |
| Nazar Khan | PSU | 2025-01-02 | — | 400,000 | — | 800,000 | 4,196,000 |
| Paul Prager | RSU | 2025-08-01 | — | — | 2,500,000 | — | 11,900,000 |
| Paul Prager | RSU | 2025-01-02 | — | — | 1,100,000 | — | 6,006,000 |
| Patrick Fleury | RSU | 2025-01-02 | — | — | 1,000,000 | — | 5,460,000 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Kenneth Deane | $436,800 | $0 | $0 | 0.0% |
| Patrick Fleury | 12,600,000 | 0 | 0 | 0.0% |
| William Tanimoto | 612,900 | 0 | 0 | 0.0% |
| Kerri Langlais | 12,600,000 | 0 | 0 | 0.0% |
| Paul Prager | 17,906,000 | 5,245,000 | 0 | 22.7% |
| Nazar Khan | 14,980,000 | 4,196,000 | 0 | 21.9% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Kenneth Deane | RSU | 80,000 | — | $919,200 |
| William Tanimoto | RSU | 114,999 | — | 1,321,339 |
| Patrick Fleury | RSU | 1,500,000 | — | 17,235,000 |
| Kerri Langlais | RSU | 1,500,000 | — | 17,235,000 |
| Nazar Khan | RSU | 2,000,000 | — | 22,980,000 |
| Prager | RSU | 2,500,000 | — | 28,725,000 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Steven PincusIndependent · Lead Independent Director · Audit Committee · Compensation Committee (Chair) | $140,002 | $225,000 | $0 | — | $0 | $365,002 |
| Walter CarterIndependent · Audit Committee (Chair) · Nominating, Corporate Governance and Sustainability Committee | 115,006 | 200,000 | 0 | — | 0 | 315,006 |
| Catherine MotzIndependent · Audit Committee · Compensation Committee · Nominating, Corporate Governance and Sustainability Committee (Chair) | 108,755 | 200,000 | 0 | — | 0 | 308,755 |
| Lisa PragerIndependent | 90,007 | 200,000 | 0 | — | 0 | 290,007 |
| Amanda FabianoIndependent · Nominating, Corporate Governance and Sustainability Committee | 90,005 | 200,000 | 0 | — | 0 | 290,005 |
| Michael BucellaIndependent · Compensation Committee | 90,005 | 200,000 | 0 | — | 0 | 290,005 |
| Christopher JarvisIndependent · Not standing for re-election | 49,620 | 0 | 0 | — | 0 | 49,620 |
| Paul PragerEmployee director · Board Chair | 0 | 0 | 0 | — | 0 | 0 |
| Kerri LanglaisEmployee director | 0 | 0 | 0 | — | 0 | 0 |
| Nazar KhanEmployee director | 0 | 0 | 0 | — | 0 | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $100,000 |
|---|---|
| Annual equity retainer | $200,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 25,000 / 25,000 |
| Stock ownership guideline | shall in all events be subject to compliance with applicable Company policies, including those relating to insider trading, pledging or hedging transactions, minimum post-vesting holding periods and stock ownership guidelines |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $683,400 |
| Equity awards (grant-date value) | $1,225,000 |
| All other compensation | $0 |
| Total cost of the board | $1,908,400 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Terawulf as a peer
Companies that benchmark against WULF
7 companies name WULF as a compensation peer
- Applied Digital Corp.APLDFY2026
- Cipher Digital Inc.CIFRFY2025
- CLEANSPARK, INC.CLSKFY2025
- Hut 8 Corp.HUTFY2025
- IREN LtdIRENFY2026
- Riot Platforms, Inc.RIOTFY2025
- Sharplink, Inc.SBETFY2025
Each company listed discloses WULF in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named WULF in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
Disclosed peer group — fiscal year 2025
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Peer reciprocity
The companies Terawulf Inc names as compensation peers that name it back in their own disclosed peer groups.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Hut 8 Corp. | 2025 | Asher Genoot | $550,000 | $238,248,457 | $0 | $0 | $239,909,042 |
| 2 | Applied Digital Corporation | 2026 | Wes Cummins | 875,000 | 185,900,249 | 0 | 0 | 189,217,520 |
| 3 | Terawulf Inc | 2025 | Paul Prager | 1,000,372 | 23,151,000 | 0 | 0 | 39,411,005 |
| 4 | Equinix, Inc. | 2025 | Adaire Fox-Martin | 1,000,000 | 21,416,951 | 0 | 43 | 22,654,885 |
| 5 | Digital Realty Trust, Inc. | 2025 | Andrew Power | 978,846 | 14,174,684 | 0 | 3,700,000 | 21,071,498 |
| 6 | Cipher Mining Inc. | 2025 | Rodney Tyler Page | 825,000 | 12,479,623 | 0 | 0 | 14,968,623 |
| 7 | Riot Platforms, Inc. | 2025 | Jason Les | 1,584,337 | 0 | 0 | 1,827,581 | 3,460,222 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Incentive design against the same peers
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Terawulf Inc | not disclosed | not disclosed | No | Lyons, Benenson & Company Inc. |
| Applied Digital Corporation | 200% | PSU 75 · RSU 25 | No | Compensia Inc. |
| Cipher Mining Inc. | 200% | RSU 50 · PSU 50 | Yes — Relative TSR vs S&P Americas SmallCap Software & Services Index | Semler Brossy |
| Digital Realty Trust, Inc. | 378% | PSU 60 · LTIP Units 40 | No | Semler Brossy |
| Equinix, Inc. | 99% | PSU 59 · RSU 29 | Yes — rTSR | Compensia |
| Hut 8 Corp. | 200% | not disclosed | No | Compensia, Inc. |
| Riot Platforms, Inc. | 125% | not disclosed | Yes — TSR relative to RUSSELL 3000 Index | Compensia Inc. |
Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-06-09 | 179,761,319 | 92,319,915 | 1,258,505 | 65.76% | Passed |
| 2024 | 2024-04-16 | 109,013,829 | 5,348,246 | 25,416,071 | 77.99% | Passed |
| 2023 | 2023-06-21 | 97,965,502 | 4,024,261 | 306,836 | 95.77% | Passed |
| 2022 | 2022-06-22 | 54,968,728 | 357,574 | 17,913 | 99.32% | Passed |
| 2020 | 2020-04-30 | 1,311,916 | 21,933 | 4,416 | 98.36% | Passed |
| 2019 | 2019-04-25 | 956,502 | 8,823 | 4,805 | 99.09% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-06-09 | 65.76%a |
| 2024 | 2024-04-16 | 77.99%b |
| 2023 | 2023-06-21 | 95.77%c |
a. Approved under the standard stated in the filing — “As a result, abstentions will be counted for purposes of determining the presence or absence of a quorum and will also count as votes against a proposal in cases where approval of the proposal requires the affirmative vote of a majority of the voting power of the shares present or represented by proxy and entitled to vote on such proposal at the Annual Meeting (Proposal Nos.”.
b. Approved under the standard stated in the filing — “As a result, abstentions will be counted for purposes of determining the presence or absence of a quorum and will also count as votes against a proposal in cases where approval of the proposal requires the affirmative vote of a majority of the voting power of the shares present or represented by proxy and entitled to vote on such proposal at the Annual Meeting (Proposal Nos.”.
c. Approved under the standard stated in the filing — “As a result, abstentions will be counted for purposes of determining the presence or absence of a quorum and will also count as votes against a proposal in cases where approval of the proposal requires the affirmative vote of a majority of the voting power of the shares present or represented by proxy and entitled to vote on such proposal at the Annual Meeting (Proposal Nos.”.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
CEO pay ratio
| Ratio (CEO : median employee) | — |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
Insider trades since the proxy
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Paul B. Prager | Director | 2026-04-28 | D | 100 | $21 | $2,129 | Common | Form 4 ↗ |
| Paul B. Prager | Director | 2026-04-28 | D | 79,100 | 21 | 1,631,327 | Common | Form 4 ↗ |
| Patrick Fleury | Chief Financial Officer | 2026-05-06 | D | 128,695 | — | — | Common | Form 4 ↗ |
| Patrick Fleury | Chief Financial Officer | 2026-05-06 | D | 327,054 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Patrick Fleury | Chief Financial Officer | 2026-05-06 | A | 327,054 | — | — | Common | Form 4 ↗ |
| Kerri Langlais | Director | 2026-05-06 | D | 180,860 | — | — | Common | Form 4 ↗ |
| Kerri Langlais | Director | 2026-05-06 | A | 327,054 | — | — | Common | Form 4 ↗ |
| Paul B. Prager | Director | 2026-05-06 | D | 981,162 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Paul B. Prager | Director | 2026-05-06 | D | 542,582 | — | — | Common | Form 4 ↗ |
| Paul B. Prager | Director | 2026-05-06 | A | 981,162 | — | — | Common | Form 4 ↗ |
| Nazar Khan | Director | 2026-05-06 | D | 817,635 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Nazar Khan | Director | 2026-05-06 | A | 817,635 | — | — | Common | Form 4 ↗ |
| Nazar Khan | Director | 2026-05-06 | D | 452,152 | — | — | Common | Form 4 ↗ |
| Kerri Langlais | Director | 2026-05-06 | D | 327,054 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Patrick Fleury | Chief Financial Officer | 2026-05-18 | D | 327,054 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Patrick Fleury | Chief Financial Officer | 2026-05-18 | D | 128,695 | — | — | Common | Form 4 ↗ |
| Patrick Fleury | Chief Financial Officer | 2026-05-18 | A | 327,054 | — | — | Common | Form 4 ↗ |
| Kerri Langlais | Director | 2026-05-18 | D | 327,054 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Kerri Langlais | Director | 2026-05-18 | D | 180,860 | — | — | Common | Form 4 ↗ |
| Kerri Langlais | Director | 2026-05-18 | A | 327,054 | — | — | Common | Form 4 ↗ |
| Nazar Khan | Director | 2026-05-18 | D | 452,151 | — | — | Common | Form 4 ↗ |
| Paul B. Prager | Director | 2026-05-18 | D | 981,161 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Paul B. Prager | Director | 2026-05-18 | D | 542,582 | — | — | Common | Form 4 ↗ |
| Paul B. Prager | Director | 2026-05-18 | A | 981,161 | — | — | Common | Form 4 ↗ |
| Nazar Khan | Director | 2026-05-18 | D | 817,634 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Nazar Khan | Director | 2026-05-18 | A | 817,634 | — | — | Common | Form 4 ↗ |
| Paul B. Prager | Director | 2026-05-26 | D | 166,650 | 24 | 4,071,210 | Common, indirect | Form 4 ↗ |
| Paul B. Prager | Director | 2026-05-27 | D | 56,801 | 27 | 1,509,151 | Common, indirect | Form 4 ↗ |
| Paul B. Prager | Director | 2026-05-27 | D | 109,849 | 26 | 2,809,608 | Common, indirect | Form 4 ↗ |
| Amanda Fabiano | Director | 2026-06-23 | A | 6,950 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Amanda Fabiano | Director | 2026-06-23 | D | 56,023 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Catherine Motz | Director | 2026-06-23 | D | 56,023 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Catherine Motz | Director | 2026-06-23 | A | 56,023 | — | — | Common | Form 4 ↗ |
| Steven Pincus | Director | 2026-06-23 | D | 63,026 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Steven Pincus | Director | 2026-06-23 | A | 63,026 | — | — | Common | Form 4 ↗ |
| Walter Carter | Director | 2026-06-23 | A | 6,950 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Catherine Motz | Director | 2026-06-23 | A | 6,950 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Lisa A. Prager | Director | 2026-06-23 | A | 6,950 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Michael Bucella | Director | 2026-06-23 | A | 6,950 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Steven Pincus | Director | 2026-06-23 | A | 7,818 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Walter Carter | Director | 2026-06-23 | D | 56,023 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Walter Carter | Director | 2026-06-23 | A | 56,023 | — | — | Common | Form 4 ↗ |
| Michael Bucella | Director | 2026-06-23 | D | 56,023 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Michael Bucella | Director | 2026-06-23 | A | 56,023 | — | — | Common | Form 4 ↗ |
| Lisa A. Prager | Director | 2026-06-23 | D | 56,023 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Lisa A. Prager | Director | 2026-06-23 | A | 56,023 | — | — | Common | Form 4 ↗ |
| Amanda Fabiano | Director | 2026-06-23 | A | 56,023 | — | — | Common | Form 4 ↗ |
| William Tanimoto | Chief Accounting Officer | 2026-06-24 | D | 10,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| William Tanimoto | Chief Accounting Officer | 2026-06-24 | A | 10,000 | — | — | Common | Form 4 ↗ |
| Paul B. Prager | Director | 2026-06-29 | D | 137,500 | 27 | 3,656,950 | Common, indirect | Form 4 ↗ |
| Walter Carter | Director | 2026-06-30 | A | 1,266 | — | — | Common | Form 4 ↗ |
| Lisa A. Prager | Director | 2026-06-30 | A | 1,013 | — | — | Common | Form 4 ↗ |
| Michael Bucella | Director | 2026-06-30 | A | 1,013 | — | — | Common | Form 4 ↗ |
| Patrick Fleury | Chief Financial Officer | 2026-08-01 | A | 500,000 | — | — | Common | Form 4 ↗ |
| Patrick Fleury | Chief Financial Officer | 2026-08-01 | D | 500,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Kerri Langlais | Director | 2026-08-01 | D | 500,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Kerri Langlais | Director | 2026-08-01 | A | 500,000 | — | — | Common | Form 4 ↗ |
| Kerri Langlais | Director | 2026-08-03 | D | 276,500 | — | — | Common | Form 4 ↗ |
| Michael Bucella | Director | 2026-08-14 | A | 3,023 | 17 | 49,985 | Common | Form 4 ↗ |
| William Tanimoto | Chief Accounting Officer | 2026-08-16 | D | 6,666 | — | — | Derivative, Class A Common | Form 4 ↗ |
| William Tanimoto | Chief Accounting Officer | 2026-08-16 | A | 6,666 | — | — | Common | Form 4 ↗ |
| Michael Bucella | Director | 2026-08-17 | A | 2,860 | 17 | 49,964 | Common | Form 4 ↗ |
| Paul B. Prager | Director | 2026-08-27 | D | 137,500 | 17 | 2,345,654 | Common, indirect | Form 4 ↗ |
| Walter Carter | Director | 2026-08-31 | D | 130,626 | 15 | 1,977,808 | Common | Form 4 ↗ |
| Catherine Motz | Director | 2026-09-08 | D | 56,023 | 18 | 997,943 | Common | Form 4 ↗ |
| Nazar Khan | Director | 2026-09-10 | A | 350,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Nazar Khan | Director | 2026-09-10 | D | 350,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Michael Bucella | Director | 2026-09-15 | A | 6,085 | 15 | 89,967 | Common | Form 4 ↗ |
| Paul B. Prager | Director | 2026-09-22 | A | 3,000,000 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Nazar Khan | Director | 2026-09-29 | D | 666,667 | — | — | Derivative, Class A Common | Form 4 ↗ |
| Nazar Khan | Director | 2026-09-29 | A | 666,667 | — | — | Common | Form 4 ↗ |
| Lisa A. Prager | Director | 2026-09-30 | A | 1,690 | — | — | Common | Form 4 ↗ |
| Michael Bucella | Director | 2026-09-30 | A | 1,690 | — | — | Common | Form 4 ↗ |
| Walter Carter | Director | 2026-09-30 | A | 2,112 | — | — | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
Sources (122 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Paul Prager. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · page 25. As printed: 39,411,005. View filing ↗
- Section 01, Nazar Khan. DEF 14A, filed 2026-04-28. Section “Executive Compensation”. As printed: 30,059,449. View filing ↗
- Section 01, Kerri Langlais. DEF 14A, filed 2026-04-28. Section “Executive Compensation”. As printed: 20,189,002. View filing ↗
- Section 01, Patrick Fleury. DEF 14A, filed 2026-04-28. Section “Executive Compensation”. As printed: 20,133,749. View filing ↗
- Section 01, William Tanimoto. DEF 14A, filed 2026-04-28. Section “Executive Compensation”. As printed: 1,051,053. View filing ↗
- Section 01, Kenneth Deane. DEF 14A, filed 2026-04-28. Section “Executive Compensation”. As printed: 628,108. View filing ↗
- Section 03, Kenneth Deane RSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Patrick Fleury RSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, William Tanimoto RSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Kerri Langlais RSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, William Tanimoto RSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Paul Prager PSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Nazar Khan RSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Kerri Langlais RSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, William Tanimoto RSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Nazar Khan RSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Nazar Khan PSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Paul Prager RSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Paul Prager RSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Patrick Fleury RSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-04-28. Section “CEO Pay Ratio”. As printed: —. View filing ↗
- Section 08, Steven Pincus. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 365,002. View filing ↗
- Section 08, Walter Carter. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 315,006. View filing ↗
- Section 08, Catherine Motz. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 308,755. View filing ↗
- Section 08, Lisa Prager. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 290,007. View filing ↗
- Section 08, Amanda Fabiano. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 290,005. View filing ↗
- Section 08, Michael Bucella. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 290,005. View filing ↗
- Section 08, Christopher Jarvis. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 49,620. View filing ↗
- Section 08, Paul Prager. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Kerri Langlais. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Nazar Khan. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 02, Paul B. Prager 2026-04-28. Form 4, filed 2026-04-28. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Paul B. Prager 2026-04-28. Form 4, filed 2026-04-28. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Patrick Fleury 2026-05-06. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Patrick Fleury 2026-05-06. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Patrick Fleury 2026-05-06. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Kerri Langlais 2026-05-06. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Kerri Langlais 2026-05-06. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Paul B. Prager 2026-05-06. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Paul B. Prager 2026-05-06. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Paul B. Prager 2026-05-06. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nazar Khan 2026-05-06. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nazar Khan 2026-05-06. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nazar Khan 2026-05-06. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Kerri Langlais 2026-05-06. Form 4, filed 2026-05-08. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Patrick Fleury 2026-05-18. Form 4, filed 2026-05-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Patrick Fleury 2026-05-18. Form 4, filed 2026-05-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Patrick Fleury 2026-05-18. Form 4, filed 2026-05-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Kerri Langlais 2026-05-18. Form 4, filed 2026-05-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Kerri Langlais 2026-05-18. Form 4, filed 2026-05-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Kerri Langlais 2026-05-18. Form 4, filed 2026-05-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nazar Khan 2026-05-18. Form 4, filed 2026-05-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Paul B. Prager 2026-05-18. Form 4, filed 2026-05-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Paul B. Prager 2026-05-18. Form 4, filed 2026-05-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Paul B. Prager 2026-05-18. Form 4, filed 2026-05-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nazar Khan 2026-05-18. Form 4, filed 2026-05-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nazar Khan 2026-05-18. Form 4, filed 2026-05-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Paul B. Prager 2026-05-26. Form 4, filed 2026-05-28. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Paul B. Prager 2026-05-27. Form 4, filed 2026-05-28. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Paul B. Prager 2026-05-27. Form 4, filed 2026-05-28. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Amanda Fabiano 2026-06-23. Form 4, filed 2026-06-25. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Amanda Fabiano 2026-06-23. Form 4, filed 2026-06-25. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Catherine Motz 2026-06-23. Form 4, filed 2026-06-25. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Catherine Motz 2026-06-23. Form 4, filed 2026-06-25. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Steven Pincus 2026-06-23. Form 4, filed 2026-06-25. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Steven Pincus 2026-06-23. Form 4, filed 2026-06-25. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Walter Carter 2026-06-23. Form 4, filed 2026-06-25. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Catherine Motz 2026-06-23. Form 4, filed 2026-06-25. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Lisa A. Prager 2026-06-23. Form 4, filed 2026-06-25. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Michael Bucella 2026-06-23. Form 4, filed 2026-06-25. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Steven Pincus 2026-06-23. Form 4, filed 2026-06-25. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Walter Carter 2026-06-23. Form 4, filed 2026-06-25. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Walter Carter 2026-06-23. Form 4, filed 2026-06-25. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Michael Bucella 2026-06-23. Form 4, filed 2026-06-25. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Michael Bucella 2026-06-23. Form 4, filed 2026-06-25. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Lisa A. Prager 2026-06-23. Form 4, filed 2026-06-25. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Lisa A. Prager 2026-06-23. Form 4, filed 2026-06-25. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Amanda Fabiano 2026-06-23. Form 4, filed 2026-06-25. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, William Tanimoto 2026-06-24. Form 4, filed 2026-06-25. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, William Tanimoto 2026-06-24. Form 4, filed 2026-06-25. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Paul B. Prager 2026-06-29. Form 4, filed 2026-07-01. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Walter Carter 2026-06-30. Form 4, filed 2026-07-01. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Lisa A. Prager 2026-06-30. Form 4, filed 2026-07-01. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Michael Bucella 2026-06-30. Form 4, filed 2026-07-01. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Patrick Fleury 2026-08-01. Form 4, filed 2026-08-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Patrick Fleury 2026-08-01. Form 4, filed 2026-08-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Kerri Langlais 2026-08-01. Form 4, filed 2026-08-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Kerri Langlais 2026-08-01. Form 4, filed 2026-08-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Kerri Langlais 2026-08-03. Form 4, filed 2026-08-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Michael Bucella 2026-08-14. Form 4, filed 2026-08-17. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, William Tanimoto 2026-08-16. Form 4, filed 2026-08-17. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, William Tanimoto 2026-08-16. Form 4, filed 2026-08-17. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Michael Bucella 2026-08-17. Form 4, filed 2026-08-17. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Paul B. Prager 2026-08-27. Form 4, filed 2026-08-28. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Walter Carter 2026-08-31. Form 4, filed 2026-09-01. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Catherine Motz 2026-09-08. Form 4, filed 2026-09-09. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nazar Khan 2026-09-10. Form 4, filed 2026-09-11. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nazar Khan 2026-09-10. Form 4, filed 2026-09-11. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Michael Bucella 2026-09-15. Form 4, filed 2026-09-16. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Paul B. Prager 2026-09-22. Form 4, filed 2026-09-23. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nazar Khan 2026-09-29. Form 4, filed 2026-09-29. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nazar Khan 2026-09-29. Form 4, filed 2026-09-29. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Lisa A. Prager 2026-09-30. Form 4, filed 2026-10-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Michael Bucella 2026-09-30. Form 4, filed 2026-10-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Walter Carter 2026-09-30. Form 4, filed 2026-10-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-06-10. Item 5.07 · say-on-pay result. As reported: 65.76% (votes for as printed: 179,761,319). View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-04-17. Item 5.07 · say-on-pay result. As reported: 77.99% (votes for as printed: 109,013,829). View filing ↗
- Section 06, 2023 vote. Form 8-K, filed 2023-06-23. Item 5.07 · say-on-pay result. As reported: 95.77% (votes for as printed: 97,965,502). View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
- Section 09b board cost (computed). Computed. Cash 683,400 + equity 1,225,000 + all other 0 = 1,908,400, summed across the director compensation table rows.
- Hut 8 Corp., Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in Hut 8 Corp.'s own proxy. As printed: 239,909,042. View filing ↗
- Applied Digital Corporation, Section 10b CEO total. DEF 14A, filed 2026-09-25. CEO total compensation as printed in Applied Digital Corporation's own proxy. As printed: 189,217,520. View filing ↗
- Terawulf Inc (subject), Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in Terawulf Inc's own proxy. As printed: 39,411,005. View filing ↗
- Equinix, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Equinix, Inc.'s own proxy. As printed: 22,654,885. View filing ↗
- Digital Realty Trust, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-17. CEO total compensation as printed in Digital Realty Trust, Inc.'s own proxy. As printed: 21,071,498. View filing ↗
- Cipher Mining Inc., Section 10b CEO total. DEF 14A, filed 2026-04-20. CEO total compensation as printed in Cipher Mining Inc.'s own proxy. As printed: 14,968,623. View filing ↗
- Riot Platforms, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Riot Platforms, Inc.'s own proxy. As printed: 3,460,222. View filing ↗
- Section 10a, Applied Digital Corporation reciprocity. DEF 14A. Applied Digital Corporation names Terawulf Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Cipher Mining Inc. reciprocity. DEF 14A. Cipher Mining Inc. names Terawulf Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Hut 8 Corp. reciprocity. DEF 14A. Hut 8 Corp. names Terawulf Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Riot Platforms, Inc. reciprocity. DEF 14A. Riot Platforms, Inc. names Terawulf Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗