Cary Grossman has served on Cipher Mining's Board since August 2021 and chairs the Audit Committee. From 2010 to 2025, he was principal of Shoreline Capital Advisors, Inc., providing financial advisory services to middle-market companies. From February 2021 to February 2023, he served as CEO, President, Chief Financial Officer and board member of Good Works II Acquisition Corp. He co-founded GWAC in 2020 and served as President and board member from June 2020 through August 2021. Prior to Shoreline Capital Advisors, Grossman co-founded and served as CEO of McFarland, Grossman & Company from 1991 to 2002, an investment banking firm.
Grossman held several executive positions: President of XFit, Inc. from 2019 to 2020; Chief Financial Officer of Blaze Metals, LLC from 2007 to 2010; Executive Vice President, Chief Financial Officer and Chief Operating Officer of Gentium, S.P.A. from 2004 to 2006; and Chief Executive Officer of ERP Environmental Services, Inc. and Chief Financial Officer of U.S. Liquids, Inc. from 2001 to 2003. He spent 15 years in public accounting earlier in his career. Grossman co-founded Pentacon, Inc. (NYSE: JIT), serving as board member and Executive Chairman from 1998 to 2002, and served as director of Metalico (NYSE: MEA) from 2014 to 2015 and INX Inc. (Nasdaq: INXI) from 2004 to 2011.
Grossman is a Certified Public Accountant and holds a B.B.A. in Business Administration from the University of Texas.
Biography extracted from Cipher Mining DEF 14A filed 2026-04-20 View cached copy (2026-08-31)Live source ↗
Roles
Contiguous filings for the same role are collapsed into a single tenure span. Click a row to see the underlying filings.
| Company | Role | Tenure | Filings |
|---|---|---|---|
| Cipher Mining | President and CFO, Director | 2020-10 → present (6y) | 2 |
Show 2 underlying filings | |||
| Cipher Mining | Director | 2021-11 → present (4y 11mo) | 17 |
Show 17 underlying filings | |||
Insider transactions
Totals for this person
| Bucket | Invested (shares) | Invested (USD) | Divested (shares) | Divested (USD) | Net direction | Txns | Invested @ last price | Divested @ last price |
|---|---|---|---|---|---|---|---|---|
| All time | 309,771 | $35.7K | 380,000 | $3.73M | ↓ Divested $3.70M | 25 | $2.77M | $3.40M |
| 2026 | 16,598 | $0 | 100,000 | $2.19M | ↓ Divested $2.19M | 7 | $148.4K | $894.0K |
| 2025 | 59,701 | $0 | 100,000 | $916.8K | ↓ Divested $916.8K | 3 | $533.7K | $894.0K |
| 2024 | 56,510 | $0 | 65,000 | $315.4K | ↓ Divested $315.4K | 3 | $505.2K | $581.1K |
| 2025-Q3 | - | $0 | 75,000 | $441.8K | ↓ Divested $441.8K | 1 | $0 | $670.5K |
| 2025-Q4 | - | $0 | 25,000 | $475.0K | ↓ Divested $475.0K | 1 | $0 | $223.5K |
| 2026-Q1 | - | $0 | 30,000 | $436.2K | ↓ Divested $436.2K | 1 | $0 | $268.2K |
| 2026-Q2 | 16,598 | $0 | 70,000 | $1.76M | ↓ Divested $1.76M | 6 | $148.4K | $625.8K |
Invested = shares acquired (buys, grants, option exercises) — insider adding to the position. Divested = shares reduced (sells, dispositions, tax-withholding) — cash flowing TO the insider. Net direction shows which side wins on dollar terms in each bucket. % of holder's stake not yet computed (pending Form 3/4 holdings ingest). See methodology. The two @ last price columns restate the same share counts at the most recent share price we read (close of 2026-10-19); they are a valuation, not a cash flow, and they move every day the market does.
All transactions
| Date | Company | Kind | Shares | Amount (USD) | Value @ last price |
|---|---|---|---|---|---|
| 2026-06-18 | Cipher Mining | Open-market sale | 15,000 | $441,450 | $134.1K |
| 2026-06-18 | Cipher Mining | Open-market sale | 15,000 | $441,450 | $134.1K |
| 2026-06-03 | Cipher Mining | Grant / award / vesting | 8,299 | - | $74.2K |
| 2026-06-03 | Cipher Mining | Grant / award / vesting | 8,299 | - | $74.2K |
| 2026-05-06 | Cipher Mining | Open-market sale | 20,000 | $436,400 | $178.8K |
| 2026-05-06 | Cipher Mining | Open-market sale | 20,000 | $436,400 | $178.8K |
| 2026-03-23 | Cipher Mining | Open-market sale | 30,000 | $436,200 | $268.2K |
| 2025-11-26 | Cipher Mining | Open-market sale | 25,000 | $475,000 | $223.5K |
| 2025-08-18 | Cipher Mining | Open-market sale | 75,000 | $441,750 | $670.5K |
| 2025-06-04 | Cipher Mining | Grant / award / vesting | 59,701 | - | $533.7K |
| 2024-06-13 | Cipher Mining | Open-market sale | 65,000 | $315,438 | $581.1K |
| 2024-05-02 | Cipher Mining | Grant / award / vesting | 46,948 | - | $419.7K |
| 2024-02-20 | Cipher Mining | Grant / award / vesting | 9,562 | - | $85.5K |
| 2023-11-20 | Cipher Mining | Grant / award / vesting | 12,456 | - | $111.4K |
| 2023-08-21 | Cipher Mining | Grant / award / vesting | 10,204 | - | $91.2K |
| 2023-08-10 | Cipher Mining | Open-market sale | 79,039 | $287,702 | $706.6K |
| 2023-08-10 | Cipher Mining | Open-market sale | 5,961 | $21,162 | $53.3K |
| 2023-05-04 | Cipher Mining | Grant / award / vesting | 15,419 | - | $137.8K |
| 2023-05-04 | Cipher Mining | Grant / award / vesting | 15,419 | - | $137.8K |
| 2023-03-09 | Cipher Mining | Grant / award / vesting | 25,974 | - | $232.2K |
Show older transactions (5 more)
| Date | Company | Kind | Shares | Amount (USD) | Value @ last price |
|---|---|---|---|---|---|
| 2023-03-09 | Cipher Mining | Grant / award / vesting | 25,974 | - | $232.2K |
| 2022-09-08 | Cipher Mining | Open-market purchase | 25,000 | $35,718 | $223.5K |
| 2022-05-05 | Cipher Mining | Grant / award / vesting | 34,247 | - | $306.2K |
| 2021-11-17 | Cipher Mining | Grant / award / vesting | 12,269 | - | $109.7K |
| 2021-03-10 | Cipher Mining | Bona fide gift | 30,000 | - | $268.2K |