Edward Farrell equity acceleration
Company: Cipher Mining
What the later record shows
Delivered on time · happened April 17, 2026
The proxy states that Farrell's earned unvested RSUs and PSUs accelerated and became fully vested on the last day of the Advisory Period. That period ran through April 17, 2026.
“Any unvested RSUs and PSUs were earned based on the Company’s actual performance during the applicable performance period as of the last day of the Advisory Period accelerated and became fully vested on the last day of the Advisory Period”
2026-04-19 · Cipher Mining DEF 14A filed 2026-04-20 View cached copy (2026-08-31)Live source ↗
“Mr. Farrell and the Company entered into an Advisory Agreement, pursuant to which Mr. Farrell served in an advisory capacity through April 17, 2026.”
2026-04-19 · Cipher Mining DEF 14A filed 2026-04-20 View cached copy (2026-08-31)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Earned unvested restricted stock units and performance-based restricted stock units held by Edward Farrell will accelerate and become fully vested on April 17, 2026
Source (primary)
Cipher Mining 8-K filed 2025-10-06 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Any unvested restricted stock units or performance-based restricted stock units that have been earned based on the Company's actual performance will accelerate and become fully vested on the last day of the Consulting Period.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 8-K says Farrell's earned unvested RSUs and PSUs fully vest on the last day of the Consulting Period. The same filing sets that period's end at April 17, 2026.
Confirmed in the source:
- Under Edward Farrell's Advisory Agreement, earned but unvested restricted stock units and performance-based restricted stock units will accelerate and become fully vested
- The acceleration occurs on the last day of the Consulting Period, which the filing defines as ending April 17, 2026
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1819989/000181998925000095/cifr-20251006.htm) in full (8,131 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Cipher Mining 8-K filed 2025-10-06
Quote: “Any unvested restricted stock units or performance-based restricted stock units that have been earned based on the Company's actual performance will accelerate and become fully vested on the last day of the Consulting Period.”
confirms Cipher Mining DEF 14A filed 2026-04-20
Quote: “Any unvested RSUs and PSUs were earned based on the Company’s actual performance during the applicable performance period as of the last day of the Advisory Period accelerated and became fully vested on the last day of the Advisory Period”