Digi Power X Inc. (DGXX) director discloses options and RSU holdings

Rhea-AI Filing Summary

Digi Power X Inc. director Ajay Gupta reported his initial beneficial ownership of company equity as of December 31, 2025. He holds employee stock options for 115,000 Subordinate Voting Shares, which are fully vested, exercisable at $3.53 per share and expiring on November 19, 2030; this exercise price reflects a conversion from $4.90 Canadian dollars using a Bank of Canada exchange rate. He also holds 50,000 restricted stock units that will vest in three equal annual installments beginning on November 19, 2026 under Digi Power X Inc.'s Restricted Share Unit Plan.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Gupta Ajay Kumar

(Last) (First) (Middle)

2655 S. BAYSHORE DR., UNIT 1702

(Street)

MIAMI FL 33133

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
12/31/2025

3. Issuer Name and Ticker or Trading Symbol
Digi Power X Inc. [ DGXX ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee stock option (right to buy)	11/19/2025	11/19/2030	Subordinate Voting Shares	115,000(1)	$3.53(2)	D
Restricted Stock Units	(3)	(3)	Subordinate Voting Shares	50,000(4)	$0	D

Explanation of Responses:

1. The options are fully vested.

2. Represents an exercise price of $4.90 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3896 reported by the Bank of Canada on January 9, 2026.

3. The restricted stock units vest in three equal annual installments beginning on November 19, 2026.

4. Represents restricted share units issued pursuant to Digi Power X Inc.'s Restricted Share Unit Plan.

	/s/ Ajay Gupta	01/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider position did Ajay Gupta report at Digi Power X Inc. (DGXX)?

Ajay Gupta reported as a director of Digi Power X Inc., filing a Form 3 to disclose his initial beneficial ownership of company equity.

How many stock options does Ajay Gupta hold in Digi Power X Inc. (DGXX)?

Ajay Gupta holds employee stock options over 115,000 Subordinate Voting Shares, which are fully vested and expire on November 19, 2030.

What is the exercise price of Ajay Gupta’s Digi Power X (DGXX) stock options?

The stock options have an exercise price of $3.53 per share, representing $4.90 Canadian dollars converted using a Bank of Canada exchange rate.

How many restricted stock units does Ajay Gupta hold in Digi Power X Inc. (DGXX)?

Ajay Gupta holds 50,000 restricted stock units tied to Subordinate Voting Shares of Digi Power X Inc.

When do Ajay Gupta’s Digi Power X (DGXX) restricted stock units vest?

The restricted stock units vest in three equal annual installments beginning on November 19, 2026 under the company’s Restricted Share Unit Plan.

Does the Digi Power X (DGXX) Form 3 show any insider share sales or purchases?

The Form 3 reflects holdings of stock options and restricted stock units by director Ajay Gupta; it does not report any share sales or purchases.