Summary by Futu AI
James E. Newsome, associated with Cipher Mining Inc. [CIFR], was granted 46,948 shares of common stock on May 2, 2024. The transaction was completed at no cost to the recipient, indicating the shares were likely awarded as part of a compensation package or incentive plan. Following this transaction, Newsome's direct holdings in Cipher Mining common stock increased to a total of 167,080 shares. The grant is part of the company's ongoing strategy to align the interests of its executives with those of its shareholders.