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Digi Power X (DGXX) grants director Gerard Rotonda 200,000 options

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Digi Power X Inc. director Gerard Rotonda reported new equity compensation awards. On January 30, 2026, he received two grants of employee stock options covering a total of 200,000 subordinate voting shares, issued at a grant price of $0 as compensation.

One option grant covers 100,000 shares at an exercise price of $2.60 per share, and the other covers 100,000 shares at an exercise price of $6.00 per share. After these awards, Rotonda also directly holds 13,333 subordinate voting shares, reflecting his current direct share ownership.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Rotonda Gerard

(Last) (First) (Middle)
845 UNITED NATIONS PLAZA, #38C

(Street)
NEW YORK NY 10017

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Digi Power X Inc. [ DGXX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Subordinate Voting Shares 13,333 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee stock option (right to buy) $5.46(1) 09/25/2021 03/25/2026 Subordinate Voting Shares (2) 8,333(3) D
Employee stock option (right to buy) $5.46(1) 11/17/2021 05/17/2026 Subordinate Voting Shares (2) 8,333(3) D
Employee stock option (right to buy) $3.58(4) 11/19/2025 11/19/2030 Subordinate Voting Shares (2) 15,000(3) D
Employee stock option (right to buy) $2.6 01/30/2026 A 100,000 01/30/2025 01/30/2030 Subordinate Voting Shares 100,000 $0 100,000(3) D
Employee stock option (right to buy) $6 01/30/2026 A 100,000 01/30/2025 01/30/2030 Subordinate Voting Shares 100,000 $0 100,000(3) D
Restricted Stock Units $0 (5) (5) Subordinate Voting Shares (2) 6,667(6) D
Restricted Stock Units $0 (7) (7) Subordinate Voting Shares (2) 20,000(6) D
Explanation of Responses:
1. Represents an exercise price of $7.47 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3676 reported by the Bank of Canada on February 2, 2026.
2. No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
3. The options are fully vested.
4. 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$1.3676 reported by the Bank of Canada on February 2, 2026.
5. The restricted stock units vest in two equal annual installments beginning on February 9, 2026.
6. Represents restricted share units issued pursuant to Digi Power X Inc.'s Restricted Share Unit Plan.
7. The restricted stock units vest in three equal annual installments beginning on December 1, 2026.
/s/ Gerard Rotonda 02/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Digi Power X (DGXX) disclose for Gerard Rotonda?

Digi Power X reported that director Gerard Rotonda received two employee stock option grants on January 30, 2026, covering a total of 200,000 subordinate voting shares. These options were issued as compensation and recorded at a grant price of $0 per option in the filing.

How many Digi Power X options did Gerard Rotonda receive in the latest Form 4?

Gerard Rotonda received options on 200,000 Digi Power X subordinate voting shares, split into two grants of 100,000 shares each. These are employee stock options intended to provide equity-based compensation tied to the company’s future share performance over their respective lives.

What are the exercise prices of Gerard Rotonda’s new Digi Power X options?

The Form 4 shows two exercise prices for Gerard Rotonda’s option awards: one grant is exercisable at $2.60 per share and a second grant at $6.00 per share. Both relate to options on Digi Power X subordinate voting shares awarded on January 30, 2026.

Does Gerard Rotonda directly own Digi Power X subordinate voting shares?

Yes. The filing reports that Gerard Rotonda directly beneficially owns 13,333 Digi Power X subordinate voting shares following the reported transactions. This direct holding is separate from his derivative holdings, such as employee stock options and any restricted stock units reported in the document.

Are Gerard Rotonda’s option grants on Digi Power X shares newly issued or purchases?

The options are reported with transaction code “A,” indicating awards or grants rather than open-market purchases. They were granted at a price of $0 per option as part of equity compensation, with specified exercise prices of $2.60 and $6.00 per underlying share.

What type of securities underlie Gerard Rotonda’s new Digi Power X options?

All option awards reported for Gerard Rotonda are employee stock options linked to Digi Power X subordinate voting shares. Each option entitles the holder to buy one subordinate voting share at the stated exercise price during the option term defined in the filing.
Digi Power X Inc

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