Summary by Futu AI
On June 20, 2024, Paul B. Prager, the Chief Executive Officer of TeraWulf Inc. (WULF), engaged in significant stock transactions. Prager acquired 500,000 shares of TeraWulf's common stock through the exercise of derivative securities, as indicated by the transaction code 'M'. Following this acquisition, Prager's direct holdings in the company decreased to 723,500 shares. On the same day, Prager disposed of 276,500 shares, leaving him with a direct ownership of 447,000 shares. Additionally, Prager has indirect beneficial ownership in TeraWulf through several entities, with the largest holding of 10,198,883 shares by Stammtisch Investments LLC. Other entities with indirect holdings include Beowulf Electricity & Data Inc., Heorot Power Holdings LLC, Somerset Operating Company, LLC, and Lucky Liefern LLC.