Cipher Digital Co-President Patrick Kelly's Stock Transactions and RSU Vesting

2026-06-16SEC Filing 4 (0001887616-26-000018)

This Form 4 filing reports transactions by Patrick Arthur Kelly, Co-President and COO of Cipher Digital Inc. (CIFR), involving stock sales and restricted stock unit (RSU) vesting. On June 14, 2026, Kelly received 166,667 shares of common stock through the vesting of RSUs, which were granted as part of his compensation package and vest in three equal installments ending June 14, 2026. Two days later on June 16, 2026, Kelly sold 85,084 shares of common stock at $26.03 per share, generating approximately $2.2 million in proceeds. Following these transactions, Kelly's direct ownership in Cipher Digital decreased from 1,618,523 shares to 1,533,439 shares. The RSUs represent a contingent right to receive common stock and vest subject to Kelly's continuous service with the company.