Form 4 for GLXY Galaxy Digital Inc.
Accepted 2025-06-02 00:00:00 ET · period of report 2025-05-29 · accession 0001914017-25-000002 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-06-02 | 2025-05-29 | GLXY | Siegel Andrew N | GC, CCO | S - Sale | $18.10 | -223.2K | 479.9K | -32% | -$4.04M |
| D | 2025-06-02 | 2025-05-29 | GLXY | Siegel Andrew N | GC, CCO | C - Cnv Deriv | — | +223.2K | 703.1K | +47% | — |
| D | 2025-06-02 | 2025-05-29 | GLXY | Siegel Andrew N | GC, CCO | C - Cnv Deriv | — | -223.2K | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2025-05-29 | S | D | 223,169 | $18.10 | 479,896 | D | — | — | (F3) The sale was in connection with an underwritten offering pursuant to an underwriting agreement dated May 29, 2025, in which the holder was a selling shareholder. The underwriter's per share public offering price is $19.00. The price $18.0975 reflects the underwriting discount. (F2) Includes 83,385 shares of Class A Common Stock to be delivered in settlement of restricted share unit awards ("RSUs"). An RSU award was granted on March 29, 2023 where 24,851 are scheduled to vest on March 1, 2026. An RSU award was granted on March 27, 2024 where 17,820 are scheduled to vest on March 1, 2026 and 18,360 are scheduled to vest on March 1, 2027. 22,354 RSUs were granted on March 31, 2025 where 7,452 are scheduled to vest on March 1, 2026 and the remainder are scheduled to vest in equal quarterly installments thereafter (8 quarters). The RSU awards, in each case, are subject to continued service through the applicable vesting date. |
| 2 | Common | Class A Common Stock | 2025-05-29 | C | A | 223,169 | — | 703,065 | D | — | — | (F1) Each share of Class B common stock entitles its holder to one vote per share on all matters submitted to a vote of the issuer's stockholders. The number of issued and outstanding shares of Class B common stock is equal to the number of issued and outstanding LP Units of Galaxy Digital Holdings LP not held by the issuer or one of its subsidiaries, and such LP Units are redeemable or exchangeable, on a one-for-one basis, for shares of Class A common stock. (F2) Includes 83,385 shares of Class A Common Stock to be delivered in settlement of restricted share unit awards ("RSUs"). An RSU award was granted on March 29, 2023 where 24,851 are scheduled to vest on March 1, 2026. An RSU award was granted on March 27, 2024 where 17,820 are scheduled to vest on March 1, 2026 and 18,360 are scheduled to vest on March 1, 2027. 22,354 RSUs were granted on March 31, 2025 where 7,452 are scheduled to vest on March 1, 2026 and the remainder are scheduled to vest in equal quarterly installments thereafter (8 quarters). The RSU awards, in each case, are subject to continued service through the applicable vesting date. |
| 3 | Derivative | Class B Common Stock | 2025-05-29 | C | D | 223,169 | — | 0 | D | — · — to — | 223,169 Class A Common Stock | (F1) Each share of Class B common stock entitles its holder to one vote per share on all matters submitted to a vote of the issuer's stockholders. The number of issued and outstanding shares of Class B common stock is equal to the number of issued and outstanding LP Units of Galaxy Digital Holdings LP not held by the issuer or one of its subsidiaries, and such LP Units are redeemable or exchangeable, on a one-for-one basis, for shares of Class A common stock. |