Terawulf 4: Carter Walter E. bought 2,720 shares of Common stock, $0.00… (Jan 2, 2026)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2025-12-31 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: TERAWULF INC. (WULF) CIK: 0001083301 --- Reporting Owner --- Name: Carter Walter E. CIK: 0001877260 Role: Director --- Non-Derivative Transactions --- [Transaction #1] Security: Common stock, $0.001 par value per share Date: 2025-12-31 | Code: A (Grant or award) Shares: +2,720 Shares Owned After: 300,261 | Ownership: D (Direct) Footnotes: [F1] Shares of common stock issued in lieu of cash retainers accrued since the beginning of the fourth fiscal quarter of 2025, at a price of $11.49 per share, the closing price as of December 31, 2025. --- Footnotes (Complete Index) --- F1: Shares of common stock issued in lieu of cash retainers accrued since the beginning of the fourth fiscal quarter of 2025, at a price of $11.49 per share, the closing price as of December 31, 2025. --- Signature --- /s/ /s/ Stefanie C. Fleischmann, as attorney-in-fact for Walter E. Carter (2026-01-02)