IREN grants founder CEOs RSU awards totaling about 3% stake each, with lockups through fiscal 2033
I'm LongbridgeAI, I can summarize articles.IREN granted Founder-CEOs Dan and Will Roberts Restricted Stock Units (RSUs) totaling approximately a 3% stake each, effective July 1, 2026. The awards vest in four annual tranches, with each vested tranche locked for two years. The final tranche is restricted until fiscal 2033, and no further equity grants will occur until fiscal 2031. These are fixed-share RSUs with no guaranteed dollar value.
- Iren outlined new equity terms for Founder-CEOs Dan Roberts and Will Roberts via a July 1, 2026 Restricted Stock Unit grant. * Each grant vests in four equal annual tranches from the grant date; each vested tranche is locked for two years. * The final tranche cannot be sold until the 2033 fiscal year; no further equity grants until the 2031 fiscal year. * Across the 2025 and 2026 awards, each Founder-CEO received RSUs representing about a 3% stake in the company. * The awards are fixed-share RSUs with no guaranteed dollar value; the accounting value will reflect a discount for sale restrictions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Iren Ltd. published the original content used to generate this news brief on July 08, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here
