Summary by Futu AI
On September 13, 2024, Patrick Arthur Kelly, Co-President and COO of Cipher Mining Inc., completed a stock transaction involving the company's common stock. Kelly executed a sale of 198,184 shares at a price of $3.09 per share, resulting in a total transaction value of approximately $612,389. Following the sale, Kelly's direct holdings in Cipher Mining common stock amounted to 807,173 shares. The transaction reflects a balancing of Kelly's investment in Cipher Mining, following the exercise of derivative securities which resulted in the acquisition of 366,667 shares on the same day.