Patrick Kelly compensation by year
Cipher Digital Summary Compensation Table · the one fiscal year held| Component | FY2025 |
|---|---|
| Salary | $525,000 |
| Bonus | $787,500 |
| Stock awards | $3,743,889 |
| Option awards | $0 |
| Non-equity incentive | $0 |
| Pension and deferred compensation | $0 |
| All other | $14,000 |
| Total | $5,070,389 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Cipher Digital Inc. DEF 14A filed April 20, 2026, accession 0001819989-26-000016, and prior-year filings. Open the filing on EDGAR.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 611,414 | $9,024,471 | — |
| RSU | 470,220 | $6,940,447 | — |
| RSU | 271,737 | $4,010,838 | — |
| RSU | 166,667 | $2,460,005 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in Cipher Digital Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Change-in-control & termination
estimated payments Cipher Digital discloses, by trigger · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Involuntary termination without cause | $525,000 | $13,411,290 | $45,720 | — |
| Death | $0 | $22,435,761 | $0 | — |
| Change in control and involuntary termination | $525,000 | $22,435,761 | $45,720 | — |
| Disability | $0 | $22,435,761 | $0 | — |
Per the Potential Payments Upon Termination or Change in Control table in Cipher Digital Inc.'s FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.
Cipher Digital’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Edward Farrell | Former Chief Financial Officer | $25,237,809 |
| Rodney Tyler Page | Chief Executive Officer | $14,968,623 |
| Gregory Mumford | Chief Financial Officer | $7,542,955 |
| Patrick Kelly · this page | Co-President and Chief Operating Officer | $5,070,389 |
| William Iwaschuk | Co-President, Chief Legal Officer and Corporate Secretary | $5,070,389 |
The full Cipher Digital compensation record
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Compensation, the day it’s disclosed
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Cipher Digital's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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