Rotonda adds 3,333 Digi Power X (DGXX) shares through RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Digi Power X Inc. director Gerard Rotonda reported an equity award vesting rather than an open-market trade. On February 9, 2026, 3,333 restricted stock units vested and were settled into 3,333 subordinate voting shares at a price of $0 per share, increasing his directly held subordinate voting shares to 16,666.
The filing also lists fully vested employee stock options over additional subordinate voting shares and restricted stock units that have not yet vested. Remaining RSUs are scheduled to vest on February 9, 2027 and in two equal annual installments beginning on December 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,333 shares exercised/converted
Mixed
8 txns
Insider
Rotonda Gerard
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,333 | $0.00 | -- |
| Exercise | Subordinate Voting Shares | 3,333 | $0.00 | -- |
| holding | Employee stock option (right to buy) | -- | -- | -- |
| holding | Employee stock option (right to buy) | -- | -- | -- |
| holding | Employee stock option (right to buy) | -- | -- | -- |
| holding | Employee stock option (right to buy) | -- | -- | -- |
| holding | Employee stock option (right to buy) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 3,334 shares (Direct);
Subordinate Voting Shares — 16,666 shares (Direct);
Employee stock option (right to buy) — 0 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one subordinate voting share ("SV Share") of the Company as of the vesting date. Accordingly, these restricted stock units were settled in SV Shares. 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$1.3544 reported by the Bank of Canada on February 10, 2026. No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. The options are fully vested. 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$1.3544 reported by the Bank of Canada on February 10, 2026. The remaining restricted stock units are scheduled to vest on February 9, 2027. Represents restricted share units issued pursuant to Digi Power X Inc.'s Restricted Share Unit Plan. The restricted stock units are scheduled to vest in two equal annual installments beginning on December 1, 2026.
FAQ
What did Digi Power X (DGXX) director Gerard Rotonda report in this Form 4?
Gerard Rotonda reported the vesting of equity awards, not an open-market trade. On February 9, 2026, 3,333 restricted stock units vested and were settled into 3,333 subordinate voting shares, updating his directly held share balance.
What does transaction code M mean in Gerard Rotonda’s Digi Power X (DGXX) filing?
Transaction code M indicates the exercise or conversion of a derivative security. In this case, it reflects the conversion of 3,333 restricted stock units into 3,333 subordinate voting shares for Digi Power X Inc., rather than a market purchase or sale.
What future vesting restricted stock units does Gerard Rotonda hold in Digi Power X (DGXX)?
The filing shows remaining restricted stock units scheduled to vest on February 9, 2027, and additional units vesting in two equal annual installments beginning December 1, 2026. These awards were issued under Digi Power X Inc.’s Restricted Share Unit Plan.
Does Gerard Rotonda hold Digi Power X (DGXX) stock options in addition to RSUs?
Yes. The filing lists several fully vested employee stock options over subordinate voting shares with exercise prices stated in U.S. dollars. These option lines are reported as holdings only, with no new option transactions reported on the referenced date.