Cipher Digital (CIFR) executive compensation, 2026 proxy

Rodney Tyler Page, Chief Executive Officer, was paid $15M in 2025, down 14% from $17.3M the year before. The CEO-to-median-employee pay ratio was 25:1, on median employee pay of $608,805.

Filed
April 20, 2026
Annual meeting
June 2, 2026
Pay year
2025
Named executives
5
CEO total pay
$15M-14% vs prior year
CEO to median employee
25:1median $608,805
CEO pay in equity
83%$12.5M in awards
Prior say-on-pay support
72%of votes cast
CEO Stock Awards
$12,479,623Full grant-date fair value of 2025 awards
CEO Base Salary
$825,000Unchanged from prior year
Median Employee Pay
$608,805Annual total compensation
Say-on-Pay Support
72%Prior year approval percentage

How Page was paid

$15M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary6%Bonus11%Stock awards83%All other compensation0%

Named executive officers

ExecutiveTotal
Rodney Tyler PageChief Executive Officer$14,968,623
Gregory MumfordChief Financial Officer$7,542,955
Patrick KellyCo-President and Chief Operating Officer$5,070,389
William IwaschukCo-President, Chief Legal Officer and Corporate Secretary$5,070,389
Edward FarrellFormer Chief Financial Officer$25,237,809

What changed and why

  • $15MChief Executive Officer total compensation decreased to $14,968,623 in 2025 from $17,347,733 in 2024.
  • Base salaries and annual target bonuses for named executive officers remained unchanged for 2025.
  • 50%Performance-based restricted stock units were introduced for the first time, accounting for 50% of annual equity awards.
  • Gregory Mumford was appointed Chief Financial Officer effective October 14, 2025, succeeding Edward Farrell.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.