Digi Power X director gets 3,333 shares via RSUs

Digi Power X Inc. director Gerard Rotonda reported an equity award vesting rather than an open-market trade.

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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.

Insider Trade Summary

3,333 shares exercised/converted

Exercise 8 txns

Insider Rotonda Gerard

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	3,333	$0.00	$0.00
Exercise	Subordinate Voting Shares	3,333	$0.00	$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 contracts for 0 underlying shares (Direct); Subordinate Voting Shares — 16,666 shares (Direct); Employee stock option (right to buy) — 0 contracts (Direct)

Footnotes (8)

F1. 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.
F2. 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.
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$1.3544 reported by the Bank of Canada on February 10, 2026.
F6. The remaining restricted stock 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.
F8. The restricted stock units are scheduled to vest in two equal annual installments beginning on December 1, 2026.

FAQ

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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.

How many Digi Power X (DGXX) shares did Gerard Rotonda acquire through RSU vesting?

He acquired 3,333 subordinate voting shares through the vesting of 3,333 restricted stock units at a price of $0 per share. After this settlement, his directly held subordinate voting share position increased to a reported total of 16,666 shares.

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.

Did Gerard Rotonda sell any Digi Power X (DGXX) shares in this Form 4?

No sales are reported in this filing. The only reported transaction is the conversion of 3,333 restricted stock units into 3,333 subordinate voting shares, which increased his directly held share count to 16,666 after the transaction.

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Accepted by SEC EDGAR 02/11/2026 - 09:56 PM EST

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

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)
02/09/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Subordinate Voting Shares	02/09/2026		M		3,333	A	⁽¹⁾	16,666	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee stock option (right to buy)	$5.52⁽²⁾							09/25/2021	03/25/2026	Subordinate Voting Shares	⁽³⁾		8,333⁽⁴⁾	D
Employee stock option (right to buy)	$5.52⁽²⁾							11/17/2021	05/17/2026	Subordinate Voting Shares	⁽³⁾		8,333⁽⁴⁾	D
Employee stock option (right to buy)	$3.62⁽⁵⁾							11/19/2025	11/19/2030	Subordinate Voting Shares	⁽³⁾		15,000⁽⁴⁾	D
Employee stock option (right to buy)	$2.6							01/30/2025	01/30/2030	Subordinate Voting Shares	⁽³⁾		100,000⁽⁴⁾	D
Employee stock option (right to buy)	$6							01/30/2025	01/30/2030	Subordinate Voting Shares	⁽³⁾		100,000⁽⁴⁾	D
Restricted Stock Units	$0	02/09/2026		M			3,333	⁽⁶⁾	⁽⁶⁾	Subordinate Voting Shares	3,333	$0	3,334⁽⁷⁾	D
Restricted Stock Units	$0							⁽⁸⁾	⁽⁸⁾	Subordinate Voting Shares	⁽²⁾		20,000⁽⁷⁾	D

Explanation of Responses:

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.

2. 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.

3. No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.

4. The options are fully vested.

5. 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.

6. The remaining restricted stock units are scheduled to vest on February 9, 2027.

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

8. The restricted stock units are scheduled to vest in two equal annual installments beginning on December 1, 2026.

	/s/ Gerard Rotonda	02/11/2026
	** 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.

Source: View Original Filing on SEC EDGAR