Digi Power X (DGXX) president lifts direct stake to 1.38M shares
Rhea-AI Filing Summary
Digi Power X Inc. (DGXX) President and director Amar Alec reported an open-market purchase of 10,000 Subordinate Voting Shares on 2026-08-20 at a weighted average price of $3.86 per share, from individual trades between $3.84 and $3.88, bringing his directly held Subordinate Voting Shares to 1,378,949. He also reports indirect ownership of 45,000 Subordinate Voting Shares through Matbrands LLC. The filing lists fully vested employee stock options with exercise prices of $1.51 and $3.54 per share (U.S. dollar values converted from Canadian dollar exercise prices) expiring in 2030, and several series of Restricted Stock Units that will vest between November 2026 and February 2027, each convertible into one Subordinate Voting Share upon vesting. Footnotes clarify that most derivative and RSU lines are holdings only, with no new transaction on the report date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,000 shares
Net Buy
7 txns
Insider
Amar Alec
Role
President
Bought
10,000 shs ($39K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Subordinate Voting Shares F1 | 10,000 | $3.86 | $39K |
| holding | Employee stock option (right to buy) F2, F3, F4 | -- | -- | -- |
| holding | Employee stock option (right to buy) F5, F3, F4 | -- | -- | -- |
| holding | Restricted Stock Units F6, F3, F7 | -- | -- | -- |
| holding | Restricted Stock Units F8, F3, F7 | -- | -- | -- |
| holding | Restricted Stock Units F9, F3, F7 | -- | -- | -- |
| holding | Subordinate Voting Shares | -- | -- | -- |
Holdings After Transaction:
Subordinate Voting Shares — 1,378,949 shares (Direct);
Employee stock option (right to buy) — 0 shares (Direct);
Restricted Stock Units — 0 shares (Direct);
Subordinate Voting Shares — 45,000 shares (Indirect, By Matbrands LLC)
Footnotes (9)
- F1. This transaction was executed in multiple trades at prices ranging from $3.84 to $3.88. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F2. Represents an exercise price of $2.09 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3824 reported by the Bank of Canada on August 19, 2026.
- F3. No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
- F4. The options are fully vested.
- F5. 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$1.3824 reported by the Bank of Canada on August 19, 2026.
- F6. The remaining restricted share units are scheduled to vest on February 9, 2027.
- F7. Represents restricted share units issued pursuant to Digi Power X Inc.'s Restricted Share Unit Plan. Each restricted share unit represents a contingent right to receive one subordinate voting share of the issuer as of the vesting date.
- F8. The restricted share units are scheduled to vest in two equal annual installments beginning on December 1, 2026.
- F9. The restricted share units are scheduled to vest in three equal annual installments beginning on November 19, 2026.
Key Figures
Shares purchased: 10,000 Subordinate Voting Shares
Weighted average purchase price: $3.86 per share
Direct holdings after transaction: 1,378,949 Subordinate Voting Shares
+5 more
8 metrics
Shares purchased
10,000 Subordinate Voting Shares
Open-market or private purchase on 2026-08-20
Weighted average purchase price
$3.86 per share
Multiple trades between $3.84 and $3.88 on 2026-08-20
Direct holdings after transaction
1,378,949 Subordinate Voting Shares
Direct ownership by Amar Alec following the 2026-08-20 purchase
Indirect holdings
45,000 Subordinate Voting Shares
Held indirectly by Amar Alec through Matbrands LLC
Option exercise price
$1.51 per share
Employee stock option expiring 2030-06-06, fully vested
Option exercise price
$3.54 per share
Employee stock option expiring 2030-11-19, fully vested
RSU exercise price
$0.00
Restricted Stock Units each convertible into one Subordinate Voting Share at vesting
Net share change
10,000 shares (net buy)
Net of all reported buy/sell transactions in this filing
Key Terms
Subordinate Voting Shares, Restricted Stock Units, weighted average sale price, exercise price, +1 more
5 terms
Restricted Stock Units financial
"Represents restricted share units issued pursuant to Digi Power X Inc.'s Restricted"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
exercise price financial
"Represents an exercise price of $2.09 Canadian dollars, converted to U.S."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Rule 10b5-1 regulatory
"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did Digi Power X Inc. (DGXX) report for Amar Alec?
Amar Alec reported a purchase of 10,000 Subordinate Voting Shares of Digi Power X Inc. on 2026-08-20 in an open-market or private transaction, as indicated by transaction code P and the acquired code A.
What option awards for Digi Power X Inc. (DGXX) does Amar Alec report?
He reports fully vested employee stock options to buy Subordinate Voting Shares with exercise prices of $1.51 and $3.54 per share, expiring on 2030-06-06 and 2030-11-19, respectively. The exercise prices reflect U.S. dollar values converted from Canadian dollar prices.
What Restricted Stock Units linked to Digi Power X Inc. (DGXX) does Amar Alec hold?
He holds several series of Restricted Stock Units, each representing a right to receive one Subordinate Voting Share upon vesting. Footnotes state remaining units vest on February 9, 2027, and in equal annual installments beginning on December 1, 2026 and November 19, 2026.
Were Amar Alec’s Digi Power X Inc. (DGXX) transactions under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox in the filing is not checked, and there is no footnote stating use of a trading plan, indicating the reported purchase was not reported as being made under a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
