Terawulf Inc. insider trading
Every open-market purchase and sale by Terawulf Inc.'s officers, directors and largest shareholders since November 4, 2021, and what the share price did next.
| Date | Insider | Trade | Shares | Price | Value | 1M after | 3M after | 6M after |
|---|
Does following Terawulf Inc.’s insiders pay?
From March 11, 2010 to September 16, 2026, 17 insiders reported 57 open-market purchases and 24 sales not made under a pre-set plan in Terawulf Inc. Twelve months after each purchase was reported, the shares were −9.5% against the S&P 500 on average (median −9.9%), over 47 purchases with a full year of prices; 34% beat the index. After sales, the shares moved −5.4% against the index over 12 months (a negative figure means selling was the right call). Buying each purchase the day after it was reported, an equal amount each, held 12 months or until that insider reported a sale, would have turned $10,000 on March 12, 2010 into $4,185 by November 2, 2026, −5.1% a year. It held shares 82% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $51,639 (+10.4% a year), and held throughout $88,010 (+14.0%).
| Insider | Role | Purchases | 12 months after their purchases | Beat the S&P 500 | Sales | 12 months after their sales | Latest report |
|---|---|---|---|---|---|---|---|
| Nerges Joseph R | 10% owner | 28 | −9.8% (28) | 29% | 10 | +2.4% (6) | March 12, 2021 |
| Bucella Michael C. | Director | 9 | +160.9% (1) | 100% | 0 | — | September 16, 2026 |
| Prager Paul B. | Chief Executive Officer | 7 | −80.5% (5) | 0% | 1 | — | April 28, 2026 |
| Lee Darrell B | Director | 5 | +12.4% (5) | 60% | 0 | — | March 2, 2020 |
| Harris David O | Director | 0 | — | — | 3 | −47.3% (3) | November 8, 2016 |
| Motz Catherine J. | Director | 0 | — | — | 3 | +28.0% (1) | September 9, 2026 |
| Erickson Rondi | Director | 2 | +24.9% (2) | 50% | 0 | — | November 15, 2013 |
| Shaw Karl G. | Chief Technology Officer | 0 | — | — | 2 | −15.6% (2) | January 31, 2014 |
| Simonson Gerald W | Director | 2 | −19.4% (2) | 50% | 0 | — | September 2, 2016 |
| Ulland William C | Chairman of the Board and CEO | 1 | −36.5% (1) | 0% | 1 | −12.1% (1) | March 25, 2021 |
| Bayshore Capital LLC and related entities | 10% owner | 1 | −68.8% (1) | 0% | 0 | — | April 13, 2022 |
| Carter Walter E. | Director | 0 | — | — | 1 | — | September 1, 2026 |
| Deane Kenneth J | Chief Acct Officer + Treasurer | 0 | — | — | 1 | — | June 10, 2024 |
| Fabiano Amanda | Director | 0 | — | — | 1 | +66.8% (1) | August 18, 2025 |
| Fleury Patrick | Chief Financial Officer | 0 | — | — | 1 | — | March 19, 2026 |
| Harper Ernest M. Jr | Director | 1 | +67.4% (1) | 100% | 0 | — | April 30, 2013 |
| Severance H Leigh | Director | 1 | +33.4% (1) | 100% | 0 | — | December 17, 2012 |
When several insiders traded Terawulf Inc.
Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Terawulf Inc. in reports dated in the 91 days before the month end, and how the stock did against the S&P 500 from that month end. After the 6 buying crowds with six months of prices, it averaged +19.7% against the index. One company's history is too short to judge by; the test across every company is the better guide.
| Month | Crowd | 3 months on, vs S&P 500 | 6 months | 12 months |
|---|---|---|---|---|
| May 31, 2017 | 2 buying | +9.4% | −12.8% | +7.2% |
| May 31, 2016 | 2 buying | −2.4% | −2.4% | −45.5% |
| August 31, 2015 | 3 buying | −14.6% | −8.1% | −24.8% |
| November 29, 2013 | 2 buying | +53.0% | +64.6% | −9.9% |
| May 31, 2013 | 3 buying | +19.5% | −13.6% | +49.4% |
| December 31, 2012 | 2 buying | +39.6% | +90.7% | +50.9% |