Summary by Futu AI
Kerri M. Langlais, the Chief Strategy Officer of TeraWulf Inc. (WULF), executed a significant stock transaction on March 4, 2024. Langlais acquired 400,000 shares of TeraWulf's common stock at $0.001 par value per share through the exercise or conversion of derivative securities. Following this transaction, Langlais directly holds a total of 1,876,975 shares in the company. Additionally, Langlais has an indirect beneficial ownership of 864,701 shares through the Langlais Family 2021 GST Trust. This strategic move by a key insider could signal confidence in the company's future prospects.