Summary by Futu AI
On May 2, 2024, Cary M. Grossman, associated with Cipher Mining Inc. [CIFR], was granted 46,948 shares of common stock at no cost. Following this transaction, Grossman's direct holdings in the company increased to a total of 305,829 shares. The grant, which is part of a compensation or incentive arrangement, reflects the company's ongoing commitment to align the interests of its executives with those of its shareholders. The transaction was completed successfully and adds to Grossman's stake in the company, potentially signaling confidence in Cipher Mining's future prospects.