Daniel J. Roberts - 01 Jul 2025 Form 3 Insider Report for IREN Ltd (IREN)

Role: Co-Chief Executive Officer, Director
Signature: /s/ Cesilia Kim, as attorney-in-fact for Daniel Roberts
Issuer symbol: IREN
Transactions as of: 01 Jul 2025
Transactions value $: $0
Form type: 3
Date filed: 03 Jul 2025, 16:18
Next filing: 05 Sep 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Roberts Daniel John	Co-Chief Executive Officer, Director	C/O IREN LIMITED, LEVEL 6, 55 MARKET STREET, SYDNEY, AUSTRALIA	/s/ Cesilia Kim, as attorney-in-fact for Daniel Roberts	2025-07-03	0001909120

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	IREN	Ordinary Shares						13.2M	01 Jul 2025	By Awassi Capital Trust #2	F1, F2
holding	IREN	Class B Shares						1	01 Jul 2025	By Awassi Capital Trust #2	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	IREN	Stock Options (Right to Buy)							01 Jul 2025	Ordinary Shares	2.4M	$75.00	By Awassi Capital Trust #2	F4
holding	IREN	Stock Options (Right to Buy)							01 Jul 2025	Ordinary Shares	1M	$3.29	By Awassi Capital Trust #2	F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes ordinary shares (each, an "Ordinary Share") of IREN Limited (the "Company") and outstanding restricted stock units that will vest subject to the Reporting Person's satisfaction of applicable vesting conditions.
F2	Represents Ordinary Shares held through the Awassi Capital Trust #2, of which the Reporting Person has control over the trustee (the "Awassi Trust"). The Reporting Person disclaims beneficial ownership of the Ordinary Shares except to the extent of his pecuniary interest therein.
F3	Represents Class B Shares of the Company (each, a "Class B Share") held through the Awassi Trust. The Reporting Person disclaims beneficial ownership of the Class B Shares except to the extent of his pecuniary interest therein.
F4	Represents an option to purchase Ordinary Shares (each, an "Option"). The Options vest in four tranches of 600,000 Ordinary Shares each, subject to the volume-weighted average price of an Ordinary Share equalling or exceeding specified vesting thresholds over any period of twenty (20) consecutive trading days. The initial vesting thresholds, determined as of the grant date and based on a fully diluted share count as of the grant date of 43,345,056 Ordinary Shares, were $370, $650, $925, and $1,850, respectively. These vesting thresholds are subject to adjustment in accordance with the terms of the Option, including adjustments to reflect any reorganization of the Company's capital structure and any issuance of actual or potential Ordinary Shares following the grant date.
F5	The Options are fully vested and exercisable.
F6	The Options are held through the Awassi Trust. The Reporting Person disclaims beneficial ownership of the Options except to the extent of his pecuniary interest therein.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney