0001083301-26-000071.txt : 20260424 0001083301-26-000071.hdr.sgml : 20260424 20260424213434 ACCESSION NUMBER: 0001083301-26-000071 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20260424 FILED AS OF DATE: 20260424 DATE AS OF CHANGE: 20260424 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Khan Nazar M. CENTRAL INDEX KEY: 0001877476 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-41163 FILM NUMBER: 26896291 MAIL ADDRESS: STREET 1: 9 FEDERAL STREET CITY: EASTON STATE: MD ZIP: 21601 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TERAWULF INC. CENTRAL INDEX KEY: 0001083301 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 09 Crypto Assets EIN: 871909475 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 9 FEDERAL STREET CITY: EASTON STATE: MD ZIP: 21601 BUSINESS PHONE: (410) 770-9500 MAIL ADDRESS: STREET 1: 9 FEDERAL STREET CITY: EASTON STATE: MD ZIP: 21601 FORMER COMPANY: FORMER CONFORMED NAME: IKONICS CORP DATE OF NAME CHANGE: 20021216 FORMER COMPANY: FORMER CONFORMED NAME: CHROMALINE CORP DATE OF NAME CHANGE: 19990405 4 1 wk-form4_1777080871.xml FORM 4 X0609 4 2026-04-24 0 0001083301 TERAWULF INC. WULF 0001877476 Khan Nazar M. false C/O TERAWULF INC. 9 FEDERAL STREET EASTON MD 26101 1 1 0 0 Chief Technology Officer 0 Common stock, $0.001 par value per share 2026-04-24 4 M 0 817635 A 1190778 D Common stock, $0.001 par value per share 2026-04-24 4 S 0 452152 D 738626 D Common stock, $0.001 par value per share 14323523 I By The Nazar M. Khan Revocable Trust Common stock, $0.001 par value per share 7269019 I By Lake Harriet Holdings LLC Common stock, $0.001 par value per share 4019787 I By Various Trusts Common stock, $0.001 par value per share 414939 I By Yaqeen I Trust Performance-Based Restricted Stock Units 2026-04-24 4 M 0 817635 D Common stock, $0.001 par value per share 817635 1635269 D The performance stock units vested in accordance with their terms upon the achievement of specified performance goals between the grant date and the third anniversary of January 2, 2026, subject to the Reporting Person's continued employment or service with the Issuer through each such date. The disposition is due to withholding to cover taxes, as a result of the Reporting Person's election of net settlement of performance stock units, which vested in accordance with their terms upon the achievement of specified performance goals between the grant date and the third anniversary of January 2, 2026, subject to the Reporting Person's continued employment or service with the Issuer through each such date. By The Nazar M. Khan Revocable Trust ("Khan Revocable Trust"). The Reporting Person is the sole trustee of the Khan Revocable Trust and may be deemed to have the power to direct the voting and disposition of the shares of common stock, par value $0.001 per share ("Common Stock") beneficially owned by the Khan Trust. Accordingly, pursuant to the regulations promulgated under Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), the Reporting Person may be deemed to be a beneficial owner of the shares of Common Stock held for the account of the Khan Revocable Trust. By Lake Harriet Holdings, LLC ("Lake Harriet Holdings"). The Khan Revocable Trust is the sole member of Lake Harriet Holdings. The Reporting Person is the sole trustee of the Khan Revocable Trust and may be deemed to have the power to direct the voting and disposition of the shares of Common Stock beneficially owned by the Khan Revocable Trust. Accordingly, pursuant to the regulations promulgated under Section 13(d) of the Exchange Act, the Reporting Person may be deemed to be a beneficial owner of the shares of Common Stock held for the account of the Khan Revocable Trust. By various trusts. The Reporting Person may be deemed to beneficially own the shares of Common Stock held by such trusts. The Reporting Person disclaims beneficial ownership of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of the Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported Common Stock for purposes of Section 16 of the Exchange Act, or for any other purpose. By Yaqeen I Trust. The Reporting Person may be deemed to beneficially own the Shares held by Yaqeen I Trust. The Reporting Person disclaims beneficial ownership of the Shares except to the extent of his pecuniary interest therein, and the inclusion of the Shares in this report shall not be deemed an admission of beneficial ownership of all of the reported Shares for purposes of Section 16 of the Securities Exchange Act, or for any other purpose. Each performance stock unit represents a contingent right to receive one share of the Issuer's Common Stock. The remaining performance stock units will vest in accordance with their terms upon the achievement of specified performance goals between the grant date and the third anniversary of January 2, 2026, subject to the Reporting Person's continued employment or service with the Issuer through each such date. /s/ Nazar M. Khan 2026-04-24