Summary by Futu AI
Nazar M. Khan, the Chief Operating Officer and CTO of TeraWulf Inc. (WULF), acquired 3,804,683 shares of common stock on June 14, 2024. Following this transaction, Khan directly holds a total of 13,401,084 shares. Additionally, Khan has indirect ownership through various trusts and entities. Specifically, 4,019,787 shares are held by various trusts, 7,269,019 shares by Lake Harriet Holdings LLC, and 901,809 shares by Yaqeen I Trust, bringing the total indirect holdings to 12,190,615 shares. The shares are designated as common stock with a par value of $0.001 per share, and the acquisition was coded as 'J', which typically indicates a non-market transaction such as a stock grant or inheritance.