Paul B. Prager - Jun 18, 2025 Form 4 Insider Report for TERAWULF INC. (WULF)

Role
Chief Executive Officer, Director
Signature
/s/ Paul B. Prager
Stock symbol
WULF
Transactions as of
Jun 18, 2025
Transactions value $
$0
Form type
4
Date filed
6/18/2025, 09:18 PM
Previous filing
Jun 13, 2025
Next filing
Jul 9, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Prager Paul B. Chief Executive Officer, Director C/O TERAWULF INC., 9 FEDERAL STREET, EASTON /s/ Paul B. Prager 2025-06-18 0001877255

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 Other -1M -25% 3M Jun 18, 2025 By Beowulf E&D Holdings Inc. F1, F2
holding WULF Common stock, $0.001 par value per share 492K Jun 18, 2025 Direct
holding WULF Common stock, $0.001 par value per share 5K Jun 18, 2025 By Heorot Power Holdings LLC F3
holding WULF Common stock, $0.001 par value per share 21.1M Jun 18, 2025 By Riesling Power LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1,000,000 shares of common stock, par value $0.001 per share ("Common Stock") were contributed to Somerset Goods and Services Trust for no consideration.
F2 By Beowulf E&D Holdings Inc. ("E&D Holdings"). The Reporting Person is the sole manager of E&D Holdings and, as a result, may be deemed to beneficially own the shares of the Common Stock held by E&D Holdings. The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of the Common Stock for purposes of Section 16 of the Exchange Act, or for any other purpose
F3 By Heorot Power Holdings LLC ("Heorot"). The Reporting Person is the sole manager of Heorot and, as a result, may be deemed to beneficially own the shares of the Common Stock held by Heorot. The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of the Common Stock for purposes of Section 16 of the Exchange Act, or for any other purpose
F4 By Riesling Power LLC ("Riesling Power"). The Paul B. Prager Revocable Trust ("Prager Revocable Trust") is the sole member of Riesling Power. The Reporting Person is the sole trustee of the Prager Revocable Trust and may be deemed to have the power to direct the voting and disposition of the Common Stock beneficially owned by the Prager Revocable Trust. Accordingly, pursuant to the regulations promulgated under Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), Mr. Paul B. Prager may be deemed to be a beneficial owner of the shares of Common Stock held for the account of the Prager Revocable Trust .