Summary by Futu AI
Kerri M. Langlais, the Chief Strategy Officer of TeraWulf Inc., has acquired 432,350 shares of common stock on June 14, 2024. Following this transaction, Langlais directly holds a total of 2,199,619 shares. The shares were acquired with a transaction code 'J', indicating a non-open market acquisition by an insider. Additionally, Langlais has an indirect ownership of 864,701 shares through the Langlais Family 2021 GST Trust. The transaction reflects a significant increase in Langlais' stake in the company, signaling potential insider confidence in TeraWulf's future.