Prager Paul B.

SEC source: 0001628280-26-063153 · wk-form4_1790168617.xml · derivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Indirect · By Riesling Power LLC

Disclosed balance after: 3,000,000

Underlying: Common stock, $0.001 par value per share · 3,000,000 shares

Expires not disclosed

F1 · derivative.exercise_price: On September 22, 2026, Riesling Power LLC ("Riesling Power") entered into a prepaid variable share forward contract / loan facility (the "Contract") of approximately 14 months duration with an unaffiliated dealer with a pledge of up to a maximum of 3,000,000 shares of common stock, par value $0.001 per share ("Common Stock"), of TeraWulf Inc. The Contract can be settled in cash or Common Stock and/or refinanced, at Riesling Power's option. Pursuant to the Contract, Riesling Power received a cash payment / loan from the dealer and pledged 3,000,000 shares of Common Stock (the "Pledged Shares"). Riesling Power retains dividend and voting rights in the Pledged Shares during the term of the pledge.

F1 · kind: On September 22, 2026, Riesling Power LLC ("Riesling Power") entered into a prepaid variable share forward contract / loan facility (the "Contract") of approximately 14 months duration with an unaffiliated dealer with a pledge of up to a maximum of 3,000,000 shares of common stock, par value $0.001 per share ("Common Stock"), of TeraWulf Inc. The Contract can be settled in cash or Common Stock and/or refinanced, at Riesling Power's option. Pursuant to the Contract, Riesling Power received a cash payment / loan from the dealer and pledged 3,000,000 shares of Common Stock (the "Pledged Shares"). Riesling Power retains dividend and voting rights in the Pledged Shares during the term of the pledge.

F1 · price: On September 22, 2026, Riesling Power LLC ("Riesling Power") entered into a prepaid variable share forward contract / loan facility (the "Contract") of approximately 14 months duration with an unaffiliated dealer with a pledge of up to a maximum of 3,000,000 shares of common stock, par value $0.001 per share ("Common Stock"), of TeraWulf Inc. The Contract can be settled in cash or Common Stock and/or refinanced, at Riesling Power's option. Pursuant to the Contract, Riesling Power received a cash payment / loan from the dealer and pledged 3,000,000 shares of Common Stock (the "Pledged Shares"). Riesling Power retains dividend and voting rights in the Pledged Shares during the term of the pledge.

F1 · derivative.exercise_date: On September 22, 2026, Riesling Power LLC ("Riesling Power") entered into a prepaid variable share forward contract / loan facility (the "Contract") of approximately 14 months duration with an unaffiliated dealer with a pledge of up to a maximum of 3,000,000 shares of common stock, par value $0.001 per share ("Common Stock"), of TeraWulf Inc. The Contract can be settled in cash or Common Stock and/or refinanced, at Riesling Power's option. Pursuant to the Contract, Riesling Power received a cash payment / loan from the dealer and pledged 3,000,000 shares of Common Stock (the "Pledged Shares"). Riesling Power retains dividend and voting rights in the Pledged Shares during the term of the pledge.

F1 · derivative.expiration_date: On September 22, 2026, Riesling Power LLC ("Riesling Power") entered into a prepaid variable share forward contract / loan facility (the "Contract") of approximately 14 months duration with an unaffiliated dealer with a pledge of up to a maximum of 3,000,000 shares of common stock, par value $0.001 per share ("Common Stock"), of TeraWulf Inc. The Contract can be settled in cash or Common Stock and/or refinanced, at Riesling Power's option. Pursuant to the Contract, Riesling Power received a cash payment / loan from the dealer and pledged 3,000,000 shares of Common Stock (the "Pledged Shares"). Riesling Power retains dividend and voting rights in the Pledged Shares during the term of the pledge.

F2 · ownership.nature: The Paul B. Prager Revocable Trust ("Prager Revocable Trust") is the sole member of Riesling Power. Paul B. Prager (the "Reporting Person") is the sole trustee of the Prager Revocable Trust and may be deemed to have the power to direct the voting and disposition of the Common Stock beneficially owned by the Prager Revocable Trust. Accordingly, pursuant to the regulations promulgated under Section 13(d) of the Securities Exchange Act of 1934, as amended, the Reporting Person may be deemed to be a beneficial owner of the shares of Common Stock held for the account of the Prager Revocable Trust.

SEC source: 0001083301-26-000172 · wk-form4_1787964061.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: Plan reported

Ownership: Indirect · By Beowulf E&D Holdings Inc.

Disclosed balance after: 3,807,552

F1 · kind: The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 23, 2025.

F2 · price: The Price reported in Column 4 is a weighted average price. The shares of common stock, par value $0.001 per share ("Common Stock") were sold in multiple transactions at a price ranging from $17.0100 to $17.1150, inclusive. The Reporting Person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of TeraWulf Inc. or to TeraWulf Inc., upon request, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth above.

F3 · ownership.nature: By Beowulf E&D Holdings Inc. ("E&D Holdings"). The Reporting Person is the sole manager of E&D Holdings and, as a result, may be deemed to beneficially own the shares of the Common Stock held by E&D Holdings. The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of the Common Stock for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.

SEC source: 0000950142-26-001962 · es260800411_4-pragerp.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: Plan reported

Ownership: Indirect · By Beowulf E&D Holdings Inc.

Disclosed balance after: 3,945,052

F1 · price: The Price reported in Column 4 is a weighted average price. The shares of common stock, par value $0.001 per share ("Common Stock") were sold in multiple transactions at a price ranging from $26.5800 to $27.5799, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of TeraWulf Inc. or to TeraWulf Inc., upon request, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth above.

F2 · ownership.nature: By Beowulf E&D Holdings Inc. ("E&D Holdings"). The Reporting Person is the sole manager of E&D Holdings and, as a result, may be deemed to beneficially own the shares of the Common Stock held by E&D Holdings. The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of the Common Stock for purposes of Section 16 of the Exchange Act, or for any other purpose

SEC source: 0001083301-26-000112 · wk-form4_1780017502.xml · nonDerivative · entry 3

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: Plan reported

Ownership: Indirect · By Beowulf E&D Holdings Inc.

Disclosed balance after: 4,082,552

F4 · price: The Price reported in Column 4 is a weighted average price. The shares of Common Stock were sold in multiple transactions at a price ranging from $25.9500 to $26.9499, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of TeraWulf Inc. or to TeraWulf Inc., upon request, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth above.

F2 · ownership.nature: By Beowulf E&D Holdings Inc. ("E&D Holdings"). The Reporting Person is the sole manager of E&D Holdings and, as a result, may be deemed to beneficially own the shares of the Common Stock held by E&D Holdings. The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of the Common Stock for purposes of Section 16 of the Exchange Act, or for any other purpose

SEC source: 0001083301-26-000112 · wk-form4_1780017502.xml · nonDerivative · entry 2

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: Plan reported

Ownership: Indirect · By Beowulf E&D Holdings Inc.

Disclosed balance after: 4,139,353

F3 · price: The Price reported in Column 4 is a weighted average price. The shares of Common Stock were sold in multiple transactions at a price ranging from $24.9500 to $25.9499, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of TeraWulf Inc. or to TeraWulf Inc., upon request, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth above.

F2 · ownership.nature: By Beowulf E&D Holdings Inc. ("E&D Holdings"). The Reporting Person is the sole manager of E&D Holdings and, as a result, may be deemed to beneficially own the shares of the Common Stock held by E&D Holdings. The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of the Common Stock for purposes of Section 16 of the Exchange Act, or for any other purpose

SEC source: 0001083301-26-000112 · wk-form4_1780017502.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: Plan reported

Ownership: Indirect · By Beowulf E&D Holdings Inc.

Disclosed balance after: 4,249,202

F1 · price: The Price reported in Column 4 is a weighted average price. The shares of common stock, par value $0.001 per share ("Common Stock") were sold in multiple transactions at a price ranging from $24.2700 to $25.2699, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of TeraWulf Inc. or to TeraWulf Inc., upon request, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth above.

F2 · ownership.nature: By Beowulf E&D Holdings Inc. ("E&D Holdings"). The Reporting Person is the sole manager of E&D Holdings and, as a result, may be deemed to beneficially own the shares of the Common Stock held by E&D Holdings. The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of the Common Stock for purposes of Section 16 of the Exchange Act, or for any other purpose

SEC source: 0001083301-26-000106 · wk-form4_1779323194.xml · derivative · entry 8

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common stock, $0.001 par value per share · 981,161 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F8 · derivative.exercise_price: Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock, $0.001 par value per share.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0001083301-26-000106 · wk-form4_1779323194.xml · nonDerivative · entry 2

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,761,479

F2 · price: 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.

SEC source: 0001083301-26-000106 · wk-form4_1779323194.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,304,061

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: 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.

SEC source: 0001083301-26-000098 · wk-form4_1778291166.xml · derivative · entry 8

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 981,161

Underlying: Common stock, $0.001 par value per share · 981,162 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F8 · derivative.exercise_price: Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock, $0.001 par value per share.

F9 · price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0001083301-26-000098 · wk-form4_1778291166.xml · nonDerivative · entry 2

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,322,900

F2 · price: 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.

SEC source: 0001083301-26-000098 · wk-form4_1778291166.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,865,482

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: 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.

SEC source: 0001083301-26-000079 · wk-form4_1777424338.xml · nonDerivative · entry 4

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 884,320

F4 · price: The Price reported in Column 4 is a weighted average price. The shares of Common Stock were sold in multiple transactions at a price ranging from $21.2900 to $22.2899, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of TeraWulf Inc. or to TeraWulf Inc., upon request, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth above.

SEC source: 0001083301-26-000079 · wk-form4_1777424338.xml · nonDerivative · entry 3

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 884,420

F3 · price: The Price reported in Column 4 is a weighted average price. The shares of Common Stock were sold in multiple transactions at a price ranging from $20.2500 to $21.2499, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of TeraWulf Inc. or to TeraWulf Inc., upon request, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth above.

SEC source: 0001083301-26-000079 · wk-form4_1777424338.xml · nonDerivative · entry 2

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 963,520

F2 · price: The Price reported in Column 4 is a weighted average price. The shares of Common Stock were sold in multiple transactions at a price ranging from $21.0200 to $22.0199, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of TeraWulf Inc. or to TeraWulf Inc., upon request, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth above.

SEC source: 0001083301-26-000079 · wk-form4_1777424338.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,020,429

F1 · price: The Price reported in Column 4 is a weighted average price. The shares of common stock, par value $0.001 per share ("Common Stock") were sold in multiple transactions at a price ranging from $20.0200 to $21.0199, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of TeraWulf Inc. or to TeraWulf Inc., upon request, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth above.

SEC source: 0001083301-26-000073 · wk-form4_1777080916.xml · derivative · entry 8

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,962,323

Underlying: Common stock, $0.001 par value per share · 981,162 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F8 · derivative.exercise_price: Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock, $0.001 par value per share.

F9 · price: 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.

F1 · derivative.exercise_date: 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.

F1 · derivative.expiration_date: 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.

SEC source: 0001083301-26-000073 · wk-form4_1777080916.xml · nonDerivative · entry 2

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,101,020

F2 · price: 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.

SEC source: 0001083301-26-000073 · wk-form4_1777080916.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,643,602

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: 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.

SEC source: 0001083301-26-000065 · wk-form4_1776389312.xml · derivative · entry 9

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,943,485

Underlying: Common stock, $0.001 par value per share · 981,162 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F9 · derivative.exercise_price: Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock, $0.001 par value per share.

F10 · price: 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.

F3 · derivative.exercise_date: 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 such date.

F3 · derivative.expiration_date: 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 such date.

SEC source: 0001083301-26-000065 · wk-form4_1776389312.xml · nonDerivative · entry 3

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 662,440

F4 · price: 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 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.

SEC source: 0001083301-26-000065 · wk-form4_1776389312.xml · nonDerivative · entry 2

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,197,862

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · price: 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 such date.

SEC source: 0001083301-26-000046 · wk-form4_1774483222.xml · nonDerivative · entry 3

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 216,700

F3 · price: The Price reported in Column 4 is a weighted average price. The shares of Common Stockwere sold in multiple transactions at a price ranging from $17.5500 to $17.7500, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of TeraWulf Inc. or to TeraWulf Inc., upon request, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth above.

SEC source: 0001083301-26-000046 · wk-form4_1774483222.xml · nonDerivative · entry 2

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 220,500

F2 · price: The Price reported in Column 4 is a weighted average price. The shares of Common Stock were sold in multiple transactions at a price ranging from $16.5300 to $17.5200, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of TeraWulf Inc. or to TeraWulf Inc., upon request, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth above.

SEC source: 0001083301-26-000046 · wk-form4_1774483222.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 354,200

F1 · price: The Price reported in Column 4 is a weighted average price. The shares of common stock, par value $0.001 per share ("Common Stock") were sold in multiple transactions at a price ranging from $15.6500 to $16.6400, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of TeraWulf Inc. or to TeraWulf Inc., upon request, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth above.

SEC source: 0001083301-26-000009 · wk-form4_1767407498.xml · derivative · entry 2

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,924,647

Underlying: Common stock, $0.001 par value per share · 3,924,647 shares

Expires not disclosed

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

F4 · derivative.exercise_date: 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.

F4 · derivative.expiration_date: 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.

SEC source: 0001083301-26-000009 · wk-form4_1767407498.xml · derivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,849,294

Underlying: Common stock, $0.001 par value per share · 7,849,294 shares

Expires not disclosed

F1 · derivative.exercise_price: 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 · derivative.exercise_date: 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.

F2 · derivative.expiration_date: 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.

SEC source: 0001083301-26-000065 · wk-form4_1776389312.xml · derivative · entry 8

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Indirect · By Allin WULF LLC

Disclosed balance after: 0

Underlying: Common stock, $0.001 par value per share · 141,726 shares

Expires 2025-12-31

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Represents shares of common stock, $0.001 par value per share, of the Issuer ("Common Stock") received upon exercise of 141,726 warrants to purchase 141,726 shares of Common Stock ("Warrants"), at a price of $0.01 per share for an aggregate purchase price of $1,417.26. The Warrants were acquired on October 20, 2023 via a distribution from NovaWulf Digital Private Fund, LLC.

F1 · price: Represents shares of common stock, $0.001 par value per share, of the Issuer ("Common Stock") received upon exercise of 141,726 warrants to purchase 141,726 shares of Common Stock ("Warrants"), at a price of $0.01 per share for an aggregate purchase price of $1,417.26. The Warrants were acquired on October 20, 2023 via a distribution from NovaWulf Digital Private Fund, LLC.

SEC source: 0001083301-26-000065 · wk-form4_1776389312.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Indirect · By Allin Wulf LLC

Disclosed balance after: 141,726

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Represents shares of common stock, $0.001 par value per share, of the Issuer ("Common Stock") received upon exercise of 141,726 warrants to purchase 141,726 shares of Common Stock ("Warrants"), at a price of $0.01 per share for an aggregate purchase price of $1,417.26. The Warrants were acquired on October 20, 2023 via a distribution from NovaWulf Digital Private Fund, LLC.

F2 · ownership.nature: By Allin WULF LLC ("Allin"). The Reporting Person is the sole manager of Allin and, as a result, may be deemed to beneficially own the shares of the Common Stock held by Allin. The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of the Common Stock for purposes of Section 16 of the Exchange Act, or for any other purpose.

SEC source: 0001083301-25-000123 · wk-form4_1766529601.xml · nonDerivative · entry 3

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Beowulf E&D Holdings Inc.

Disclosed balance after: 4,415,852

F1 · price: Three million shares of common stock, par value $0.001 per share ("Common Stock") were contributed in the aggregate to the Riesling Goods and Services Trust for no consideration by the Reporting Person (447,000), Riesling Power LLC (2,000,000) and Beowulf E&D Holdings Inc. (553,000).

F3 · ownership.nature: By Beowulf E&D Holdings Inc. ("E&D Holdings"). The Reporting Person is the sole manager of E&D Holdings and, as a result, may be deemed to beneficially own the shares of the Common Stock held by E&D Holdings. The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of the Common Stock for purposes of Section 16 of the Exchange Act, or for any other purpose

SEC source: 0001083301-25-000123 · wk-form4_1766529601.xml · nonDerivative · entry 2

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Riesling Power LLC

Disclosed balance after: 33,554,688

F1 · price: Three million shares of common stock, par value $0.001 per share ("Common Stock") were contributed in the aggregate to the Riesling Goods and Services Trust for no consideration by the Reporting Person (447,000), Riesling Power LLC (2,000,000) and Beowulf E&D Holdings Inc. (553,000).

F2 · ownership.nature: By Riesling Power LLC ("Riesling Power"). The Paul B. Prager Revocable Trust ("Prager Revocable Trust") is the sole member of Riesling Power. The Reporting Person is the sole trustee of the Prager Revocable Trust and may be deemed to have the power to direct the voting and disposition of the Common Stock beneficially owned by the Prager Revocable Trust. Accordingly, pursuant to the regulations promulgated under Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), Mr. Paul B. Prager may be deemed to be a beneficial owner of the shares of Common Stock held for the account of the Prager Revocable Trust .

SEC source: 0001083301-25-000123 · wk-form4_1766529601.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 491,700

F1 · price: Three million shares of common stock, par value $0.001 per share ("Common Stock") were contributed in the aggregate to the Riesling Goods and Services Trust for no consideration by the Reporting Person (447,000), Riesling Power LLC (2,000,000) and Beowulf E&D Holdings Inc. (553,000).

SEC source: 0001083301-25-000102 · wk-form4_1763773311.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Riesling Power LLC

Disclosed balance after: 35,554,688

F1 · price: Three million shares of common stock, par value $0.001 per share ("Common Stock") were contributed to the Riesling Goods and Services Trust for no consideration.

F2 · ownership.nature: By Riesling Power LLC ("Riesling Power"). The Paul B. Prager Revocable Trust ("Prager Revocable Trust") is the sole member of Riesling Power. The Reporting Person is the sole trustee of the Prager Revocable Trust and may be deemed to have the power to direct the voting and disposition of the Common Stock beneficially owned by the Prager Revocable Trust. Accordingly, pursuant to the regulations promulgated under Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), Mr. Paul B. Prager may be deemed to be a beneficial owner of the shares of Common Stock held for the account of the Prager Revocable Trust .

SEC source: 0001083301-25-000089 · wk-form4_1760744770.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Indirect · By Beowulf E&D Holdings Inc.

Disclosed balance after: 4,968,852

F1 · price: The shares of common stock, par value $0.01 per share ("Common Stock") were issued to Beowulf E&D Holdings Inc. ("E&D Holdings") as earnout consideration pursuant to that certain Membership Interest Purchase Agreement, dated as of May 21, 2025, among E&D Holdings, TeraCub Inc. and the issuer ("MIPA"). The earnout was trigged at the closing of the issuer's private offering of $1 billion convertible notes on August 21, 2025, but the parties to the MIPA agreed to defer the share issuance until the issuer received stockholder approval to amend its certificate of incorporation to increase the number of its authorized shares of Common Stock.

F2 · ownership.nature: By E&D Holdings. The Paul B. Prager Revocable Trust ("Prager Revocable Trust") is the sole shareholder of E&D Holdings. The Reporting Person is the sole trustee of the Prager Revocable Trust and may be deemed to have the power to direct the voting and disposition of the Common Stock beneficially owned by the Prager Revocable Trust. Accordingly, pursuant to the regulations promulgated under Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), Mr. Paul B. Prager may be deemed to be a beneficial owner of the shares of Common Stock held for the account of the Prager Revocable Trust.

SEC source: 0001083301-25-000084 · wk-form4_1759448467.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Indirect · By Riesling Power LLC

Disclosed balance after: 39,654,688

F1 · price: The shares of common stock, par value $0.001 per share ("Common Stock") were issued to Riesling Power LLC ("Riesling Power") as prepaid rent pursuant to that certain lease agreement, dated as of October 12, 2025, among Lake Hawkeye LLC, a wholly owned subsidiary of TeraWulf Inc., Cayuga Operating Company LLC and Riesling Power.

F2 · ownership.nature: By Riesling Power. The Paul B. Prager Revocable Trust ("Prager Revocable Trust") is the sole member of Riesling Power. The Reporting Person is the sole trustee of the Prager Revocable Trust and may be deemed to have the power to direct the voting and disposition of the Common Stock beneficially owned by the Prager Revocable Trust. Accordingly, pursuant to the regulations promulgated under Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), Mr. Paul B. Prager may be deemed to be a beneficial owner of the shares of Common Stock held for the account of the Prager Revocable Trust .

SEC source: 0001083301-25-000075 · wk-form4_1758585946.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Indirect · By Beowulf E&D Holdings Inc.

Disclosed balance after: 3,795,580

F1 · price: 1,000,000 shares of common stock, par value $0.001 per share ("Common Stock"), were contributed to the Somerset Goods and Services Trust for no consideration.

F2 · ownership.nature: By Beowulf E&D Holdings Inc. ("E&D Holdings"). The Reporting Person is the sole manager of E&D Holdings and, as a result, may be deemed to beneficially own the shares of the Common Stock held by E&D Holdings. The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of the Common Stock for purposes of Section 16 of the Exchange Act, or for any other purpose

SEC source: 0001877255-25-000044 · wk-form4_1757544040.xml · derivative · entry 6

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common stock, $0.001 par value per share · 500,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F6 · derivative.exercise_price: Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock, $0.001 par value per share.

F1 · derivative.exercise_date: 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, 2025, subject to the Reporting Person's continued employment or service with the Issuer through such date.

F1 · derivative.expiration_date: 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, 2025, subject to the Reporting Person's continued employment or service with the Issuer through such date.

SEC source: 0001877255-25-000044 · wk-form4_1757544040.xml · nonDerivative · entry 2

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 938,700

F2 · price: 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 vest in accordance with their terms upon the achievement of specified performance goals between the grant date and the third anniversary of January 2, 2025, subject to the Reporting Person's continued employment or service with the Issuer through each such date.

SEC source: 0001877255-25-000044 · wk-form4_1757544040.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,215,200

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: 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, 2025, subject to the Reporting Person's continued employment or service with the Issuer through such date.

SEC source: 0001877255-25-000042 · wk-form4_1756938242.xml · nonDerivative · entry 2

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 715,200

F2 · price: 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 vest in accordance with their terms upon the achievement of specified performance goals between the grant date and the third anniversary of January 2, 2025, subject to the Reporting Person's continued employment or service with the Issuer through each such date.

SEC source: 0001877255-25-000042 · wk-form4_1756938242.xml · derivative · entry 6

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 500,000

Underlying: Common stock, $0.001 par value per share · 500,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F6 · derivative.exercise_price: Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock, $0.001 par value per share.

F1 · derivative.exercise_date: 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, 2025, subject to the Reporting Person's continued employment or service with the Issuer through such date.

F1 · derivative.expiration_date: 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, 2025, subject to the Reporting Person's continued employment or service with the Issuer through such date.

SEC source: 0001877255-25-000042 · wk-form4_1756938242.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 991,700

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: 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, 2025, subject to the Reporting Person's continued employment or service with the Issuer through such date.

SEC source: 0001877255-25-000039 · wk-form4_1755222145.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Indirect · By Riesling Power LLC

Disclosed balance after: 36,100,000

F1 · price: The shares of common stock, par value $0.001 per share ("Common Stock") were issued to Riesling Power LLC ("Riesling Power") as prepaid rent pursuant to that certain lease agreement, dated as of October 12, 2025, among Lake Hawkeye LLC, a wholly owned subsidiary of TeraWulf Inc., Cayuga Operating Company LLC and Riesling Power. The remaining 3,554,688 shares of Common Stock due as prepaid rent pursuant to the lease agreement will be issued to Riesling Power once TeraWulf Inc. receives stockholder approval to amend its certificate of incorporation to increase the number of its authorized shares of Common Stock.

F2 · ownership.nature: By Riesling Power. The Paul B. Prager Revocable Trust ("Prager Revocable Trust") is the sole member of Riesling Power. The Reporting Person is the sole trustee of the Prager Revocable Trust and may be deemed to have the power to direct the voting and disposition of the Common Stock beneficially owned by the Prager Revocable Trust. Accordingly, pursuant to the regulations promulgated under Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), Mr. Paul B. Prager may be deemed to be a beneficial owner of the shares of Common Stock held for the account of the Prager Revocable Trust.

SEC source: 0001877255-25-000036 · wk-form4_1754094011.xml · derivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,500,000

Underlying: Common stock, $0.001 par value per share · 2,500,000 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock, $0.001 par value per share.

F2 · derivative.exercise_date: One-third (1/3rd) of the restricted stock units shall vest upon each of the first three anniversaries of August 1, 2025, subject to the Reporting Person's continued employment or service with the Issuer through each such date.

F2 · derivative.expiration_date: One-third (1/3rd) of the restricted stock units shall vest upon each of the first three anniversaries of August 1, 2025, subject to the Reporting Person's continued employment or service with the Issuer through each such date.

SEC source: 0001877255-25-000034 · wk-form4_1752105196.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Indirect · By Beowulf E&D Holdings Inc.

Disclosed balance after: 4,795,580

F1 · price: The shares were issued to Beowulf E&D Holdings Inc. ("E&D Holdings") as earnout consideration pursuant to that certain Membership Interest Purchase Agreement, dated as of May 21, 2025, among E&D Holdings, TeraCub Inc. and the issuer. The Paul B. Prager Revocable Trust ("Prager Revocable Trust") is the sole shareholder of E&D Holdings. The Reporting Person is the sole trustee of the Prager Revocable Trust and may be deemed to have the power to direct the voting and disposition of the Common Stock beneficially owned by the Prager Revocable Trust. Accordingly, pursuant to the regulations promulgated under Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), Mr. Paul B. Prager may be deemed to be a beneficial owner of the shares of Common Stock held for the account of the Prager Revocable Trust.

F2 · ownership.nature: By E&D Holdings. The Reporting Person is the sole manager of E&D Holdings and, as a result, may be deemed to beneficially own the shares of the Common Stock held by E&D Holdings. The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of the Common Stock for purposes of Section 16 of the Exchange Act, or for any other purpose

SEC source: 0001877255-25-000031 · wk-form4_1750295899.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Indirect · By Beowulf E&D Holdings Inc.

Disclosed balance after: 3,000,000

F1 · price: 1,000,000 shares of common stock, par value $0.001 per share ("Common Stock") were contributed to Somerset Goods and Services Trust for no consideration.

F2 · ownership.nature: By Beowulf E&D Holdings Inc. ("E&D Holdings"). The Reporting Person is the sole manager of E&D Holdings and, as a result, may be deemed to beneficially own the shares of the Common Stock held by E&D Holdings. The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of the Common Stock for purposes of Section 16 of the Exchange Act, or for any other purpose

SEC source: 0001877255-25-000028 · wk-form4_1749861497.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Indirect · By Beowulf E&D Holdings Inc.

Disclosed balance after: 4,000,000

F1 · price: 1,000,000 shares of common stock, par value $0.001 per share ("Common Stock") were contributed to Somerset Goods and Services Trust for no consideration.

F2 · ownership.nature: By Beowulf E&D Holdings Inc. ("E&D Holdings"). The Reporting Person is the sole manager of E&D Holdings and, as a result, may be deemed to beneficially own the shares of the Common Stock held by E&D Holdings. The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of the Common Stock for purposes of Section 16 of the Exchange Act, or for any other purpose

SEC source: 0001877255-25-000026 · wk-form4_1749260184.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Indirect · By Beowulf E&D Holdings Inc.

Disclosed balance after: 5,000,000

F1 · price: 798,319 shares of common stock, par value $0.001 per share ("Common Stock") were contributed to Somerset Goods and Services Trust for no consideration.

F2 · ownership.nature: By Beowulf E&D Holdings Inc. ("E&D Holdings"). The Reporting Person is the sole manager of E&D Holdings and, as a result, may be deemed to beneficially own the shares of the Common Stock held by E&D Holdings. The Reporting Person disclaims beneficial ownership of such shares of the Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of the Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of the Common Stock for purposes of Section 16 of the Exchange Act, or for any other purpose

SEC source: 0001877255-25-000024 · wk-form4_1748646762.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 491,700

F1 · price: 94,000 shares of common stock, par value $0.001 per share ("Common Stock") were contributed to Somerset Goods and Services Trust for no consideration.

SEC source: 0001877255-25-000022 · wk-form4_1748044055.xml · nonDerivative · entry 1

Prager Paul B. · CIK 0001877255 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Indirect · By Beowulf E&D Holdings Inc.

Disclosed balance after: 5,798,319

F1 · price: The shares were issued to Beowulf E&D Holdings Inc. ("E&D Holdings") as closing consideration pursuant to that certain Membership Interest Purchase Agreement, dated as of May 21, 2025, among E&D Holdings, TeraCub Inc. and the issuer. The Paul B. Prager Revocable Trust ("Prager Revocable Trust") is the sole shareholder of E&D Holdings. The Reporting Person is the sole trustee of the Prager Revocable Trust and may be deemed to have the power to direct the voting and disposition of the Common Stock beneficially owned by the Prager Revocable Trust. Accordingly, pursuant to the regulations promulgated under Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), Mr. Paul B. Prager may be deemed to be a beneficial owner of the shares of Common Stock held for the account of the Prager Revocable Trust.

F1 · ownership.nature: The shares were issued to Beowulf E&D Holdings Inc. ("E&D Holdings") as closing consideration pursuant to that certain Membership Interest Purchase Agreement, dated as of May 21, 2025, among E&D Holdings, TeraCub Inc. and the issuer. The Paul B. Prager Revocable Trust ("Prager Revocable Trust") is the sole shareholder of E&D Holdings. The Reporting Person is the sole trustee of the Prager Revocable Trust and may be deemed to have the power to direct the voting and disposition of the Common Stock beneficially owned by the Prager Revocable Trust. Accordingly, pursuant to the regulations promulgated under Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), Mr. Paul B. Prager may be deemed to be a beneficial owner of the shares of Common Stock held for the account of the Prager Revocable Trust.