TERAWULF INC. — Director's Dealing 2026

Jan 2, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TERAWULF INC. (WULF)
CIK: 0001083301
Period of Report: 2026-01-02

Reporting Person: Langlais Kerri M. (Director, Chief Strategy Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-01-02	Restricted Stock Units	$	A	2616431	Acquired		Common stock, $0.001 par value per share (2616431)	Direct
2026-01-02	Performance-Based Restricted Stock Units	$	A	1308216	Acquired		Common stock, $0.001 par value per share (1308216)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock, $0.001 par value per share ("Common Stock").

F2: One-third (1/3rd) of the restricted stock units shall vest upon each of the first three anniversaries of January 2, 2026, subject to the Reporting Person's continued employment or service with the Issuer through each such date.

F3: Each performance stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

F4: The 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.