Monitor for upcoming earnings, potential dilution, or strategic shifts. A CEO selling at this scale — especially when not matched by other insiders — can signal lack of confidence in future stock performance or valuation concerns.
Price Chart
Executive Summary
Terawulf's CEO sold over $4.47 million in shares over three days in mid-March 2026, while a single director purchased $25,042 worth. The CEO's sales represent a significant portion of recent insider activity and are materially larger in value than offsetting purchases.
Key Financial Metrics
Key Facts
- CEO Paul B. Prager sold 271,200 shares in two open-market transactions on March 20 and March 25, 2026, totaling $4,478,054.68.
- Director Michael C. Bucella purchased 1,665 shares for $25,041.60, representing minimal buying activity.
- Total net insider activity in the 7-day cluster is overwhelmingly skewed toward selling, with $4.48M in sales versus $25K in purchases.
- The CEO's sales amount to approximately 0.065% of Terawulf's $6.9B market cap — a material insider divestment by a top executive.
Financial Impact
$4.48 million in net insider selling by CEO, offset by $25K in director buying
Risk Factors
- Insider selling may precede negative news or weaker-than-expected financial results.
- Concentration of selling by the CEO increases perception of top-down concern about the company's trajectory.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (3 trades, 7d window) | cluster-WULF-1774483248979 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 1, 2026 4w ago | Insider Cluster | $14.82 $14.80 | ▼ −0.14% | ▲ +0.20% | $15.49 (+4.52%) |
Aug 5, 2026 8w ago | 8-K | $18.07 $14.82 | ▼ −17.99% | ▼ −17.38% | $15.49 (−14.28%) |
May 26, 2026 18w ago | 8-K | $25.18 $26.34 | ▲ +4.59% | ▲ +6.54% | $15.49 (−38.48%) |
May 8, 2026 21w ago | 8-K | $23.39 $24.00 | ▼ −2.61% | ▼ −2.58% | $15.49 (+33.78%) |
May 8, 2026 21w ago | Press Release | $23.39 $24.00 | ▼ −2.61% | ▼ −2.58% | $15.49 (+33.78%) |
Apr 30, 2026 22w ago | Press Release | $21.73 $26.40 | ▲ +21.49% | ▲ +16.52% | $15.49 (−28.72%) |
Apr 16, 2026 24w ago | 8-K | $20.64 $24.17 | ▼ −17.10% | ▼ −11.73% | $15.49 (+24.95%) |
Apr 16, 2026 24w ago | 424B5 | $19.31 $23.12 | ▼ −19.73% | ▼ −13.92% | $15.49 (+19.78%) |
Apr 15, 2026 24w ago | 8-K | $19.67 $22.80 | ▼ −15.91% | ▼ −9.87% | $15.49 (+21.25%) |
Apr 14, 2026 24w ago | 8-K | $19.67 $22.80 | ▼ −15.91% | ▼ −9.87% | $15.49 (+21.25%) |
US Market Status
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