Digi Power X CEO buys 20,000 shares at $3.60
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Digi Power X Inc. (DGXX) director, chief executive officer and ten percent owner Amar Michel reported purchasing 20,000 Subordinate Voting Shares on August 19, 2026 in open-market or private transactions at a weighted average price around $3.60 per share, bringing his directly held Subordinate Voting Shares to 1,699,885. He also reports indirect holdings of Subordinate Voting Shares through Bit Mining International LLC, Bit.Management, LLC and NYAM, LLC, and retains employee stock options with exercise prices of $1.50 and $3.53 per share plus restricted stock units that are scheduled to vest between late 2026 and early 2027.
Insider Trade Summary
Net Buyer: 20,000 shares
Net Buy
10 txns
Insider
Amar Michel
Role
Chief Executive Officer
Bought
20,000 shs ($72K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Subordinate Voting Shares F1 | 20,000 | $3.60 | $72K |
| holding | Proportionate Voting Shares F2, F3 | -- | -- | -- |
| holding | Employee stock option (right to buy) F4, F3, F5 | -- | -- | -- |
| holding | Employee stock option (right to buy) F6, F3, F5 | -- | -- | -- |
| holding | Restricted Stock Units F7, F3, F8 | -- | -- | -- |
| holding | Restricted Stock Units F9, F3, F8 | -- | -- | -- |
| holding | Restricted Stock Units F10, F3, F8 | -- | -- | -- |
| holding | Subordinate Voting Shares | -- | -- | -- |
| holding | Subordinate Voting Shares | -- | -- | -- |
| holding | Subordinate Voting Shares | -- | -- | -- |
Holdings After Transaction:
Subordinate Voting Shares — 1,699,885 shares (Direct);
Proportionate Voting Shares — 0 contracts (Indirect, By NYAM, LLC);
Employee stock option (right to buy) — 0 contracts (Direct);
Restricted Stock Units — 0 contracts (Direct);
Subordinate Voting Shares — 626,544 shares (Indirect, By Bit Mining International LLC);
Subordinate Voting Shares — 2,165,889 shares (Indirect, By Bit.Management, LLC);
Subordinate Voting Shares — 1,493,162 shares (Indirect, By NYAM, LLC)
Footnotes (10)
- F1. This transaction was executed in multiple trades at prices ranging from $3.60 to $3.61. 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. Proportionate Voting Shares ("PV Shares") may be converted into SV Shares at a ratio of 200 SV Shares for every 1 PV Share.
- F3. No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
- F4. 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$1.3889 reported by the Bank of Canada on August 18, 2026.
- F5. The options are fully vested.
- F6. 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$1.3889 reported by the Bank of Canada on August 18, 2026.
- F7. The remaining restricted share units are scheduled to vest on February 9, 2027.
- F8. Represents restricted share units issued pursuant to Digi Power X Inc.'s Restricted Share Unit Plan.
- F9. The restricted share units are scheduled to vest in two equal annual installments beginning on December 1, 2026.
- F10. The restricted share units are scheduled to vest in three equal annual installments beginning on November 19, 2026.
Key Figures
Shares purchased: 20,000 shares
Purchase price: $3.6000 per share
Direct holdings after transaction: 1,699,885 shares
+5 more
8 metrics
Shares purchased
20,000 shares
Subordinate Voting Shares purchased by Amar Michel on 2026-08-19
Purchase price
$3.6000 per share
Weighted average price for the 20,000 Subordinate Voting Shares bought on 2026-08-19
Direct holdings after transaction
1,699,885 shares
Subordinate Voting Shares directly owned by Amar Michel following the purchase
Indirect holdings – Bit Mining International LLC
626,544 shares
Subordinate Voting Shares indirectly owned through Bit Mining International LLC
Indirect holdings – Bit.Management, LLC
2,165,889 shares
Subordinate Voting Shares indirectly owned through Bit.Management, LLC
Indirect holdings – NYAM, LLC
1,493,162 shares
Subordinate Voting Shares indirectly owned through NYAM, LLC
Option exercise price
$1.5000 per share
Employee stock option on Subordinate Voting Shares expiring 2030-06-06
PV to SV conversion ratio
200 Subordinate Voting Shares per 1 Proportionate Voting Share
Conversion ratio for Proportionate Voting Shares into Subordinate Voting Shares
Key Terms
Subordinate Voting Shares, Proportionate Voting Shares, Restricted Stock Units, employee stock option (right to buy), +1 more
5 terms
Restricted Stock Units financial
"Represents restricted share units issued pursuant to Digi Power X Inc.'s Restricted Share Unit Plan"
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.
employee stock option (right to buy) financial
"Employee stock option (right to buy) on Subordinate Voting Shares"
weighted average financial
"transaction was executed in multiple trades at prices ranging from $3.60 to $3.61. The price reported above reflects the weighted average"
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Digi Power X Inc. (DGXX) report for Amar Michel?
Amar Michel reported a purchase of 20,000 Subordinate Voting Shares on August 19, 2026. The filing classifies this as an open-market or private transaction and updates his reported direct and indirect ownership positions.
What indirect holdings in Digi Power X Inc. (DGXX) are reported for Amar Michel?
Indirectly, he reports 626,544 Subordinate Voting Shares held by Bit Mining International LLC, 2,165,889 by Bit.Management, LLC, and 1,493,162 by NYAM, LLC. These positions are disclosed as indirect ownership in the Form 4 holdings section.
What derivative awards for Digi Power X Inc. (DGXX) does Amar Michel report?
He reports employee stock options with exercise prices of $1.50 and $3.53 per share expiring in 2030, plus restricted stock units that vest in installments beginning in November and December 2026 and February 2027, all settling in Subordinate Voting Shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
