Walter E. Carter - 30 Sep 2025 Form 4 Insider Report for TERAWULF INC. (WULF)

Role: Director
Signature: /s/ Stefanie C. Fleischmann, as attorney-in-fact for Walter E. Carter
Issuer symbol: WULF
Transactions as of: 30 Sep 2025
Net transactions value: $0
Form type: 4
Filing time: 02 Oct 2025, 19:41:28 UTC
Previous filing: 24 Jun 2025
Next filing: 02 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Carter Walter E.	Director	C/O TERAWULF INC., 9 FEDERAL STREET, EASTON	/s/ Stefanie C. Fleischmann, as attorney-in-fact for Walter E. Carter	02 Oct 2025	0001877260

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WULF	Common stock, $0.001 par value per share	Award		+2,737	+0.93%		297,541	30 Sep 2025	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Shares of common stock issued in lieu of cash retainers accrued since the beginning of the third fiscal quarter of 2025, at a price of $11.42 per share, the closing price as of September 30, 2025.