secwatch.observer — SEC 8-K summary
======================================

Issuer:     Cipher Digital Inc. (CIFR)
CIK:        0001819989
Form:       8-K
Filed at:   2025-10-06T23:59:59+00:00
Accession:  0001819989-25-000095
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cipher Mining CFO Ed Farrell to retire Oct 14; Gregory Mumford named successor
------------------------------------------------------------------------------

- Ed Farrell retires as CFO effective Oct 14, 2025; will serve as Senior Advisor through Apr 17, 2026.
- Gregory Mumford appointed CFO effective Oct 14; previously senior banker at KBW's Digital Assets & Infrastructure group.
- Mumford receives $500k base salary, sign-on equity of 375,000 RSUs vesting over 3 years, discretionary bonus.
- Farrell's advisory agreement includes continued base salary, health coverage, and acceleration of earned unvested equity.
- CEO Tyler Page thanked Farrell and highlighted Mumford's transformative deal experience.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819989/000181998925000095/0001819989-25-000095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819989/000181998925000095/cifr-20251006.htm
  HTML page:      https://secwatch.observer/filing/0001819989-25-000095

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer