Digi Power X (NASDAQ: DGXX) president sells 27,500 shares in Form 4

Rhea-AI Filing Summary

Digi Power X Inc. president and director Alec Amar reported selling 27,500 Subordinate Voting Shares on January 2, 2026 at a weighted average price of $2.72, with individual trades executed between $2.53 and $2.80. After this sale, he beneficially owns 1,290,616 Subordinate Voting Shares directly and an additional 45,000 shares indirectly through Matbrands LLC.

Amar also reports derivative holdings, with fully vested employee stock options covering 365,000 shares at an exercise price of $1.51 and 300,000 shares at $3.53, both tied to Subordinate Voting Shares. He holds Restricted Stock Units linked to Subordinate Voting Shares that vest in installments beginning on February 9, 2026, December 1, 2026, and November 19, 2026, including units issued under Digi Power X Inc.'s Restricted Share Unit Plan.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

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^*

Amar Alec

(Last) (First) (Middle)

218 NW 24TH ST.

(Street)

MIAMI FL 33127

(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
X	Officer (give title below)		Other (specify below)
	President

3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026

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	01/02/2026		S		27,500	D	$2.72(1)	1,290,616	D
Subordinate Voting Shares								45,000	I	By Matbrands LLC

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)	$1.51(2)							06/06/2025	06/06/2030	Subordinate Voting Shares	(3)		365,000(4)	D
Employee stock option (right to buy)	$3.53(5)							11/19/2025	11/19/2030	Subordinate Voting Shares	(3)		300,000(4)	D
Restricted Stock Units	$0							(6)	(6)	Subordinate Voting Shares	(3)		266,667(7)	D
Restricted Stock Units	$0							(8)	(8)	Subordinate Voting Shares	(3)		216,667(7)	D
Restricted Stock Units	$0							(9)	(9)	Subordinate Voting Shares	(3)		300,000(7)	D

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $2.53 to $2.80. 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.

2. 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$1.3877 reported by the Bank of Canada on January 14, 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$1.3877 reported by the Bank of Canada on January 14, 2026.

6. The restricted stock units vest in two equal annual installments beginning on February 9, 2026.

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

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

9. The restricted stock units vest in three equal annual installments beginning on November 19, 2026.

	/s/ Alec Amar	01/15/2026
	** 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.
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FAQ

What insider transaction did Digi Power X (DGXX) report on this Form 4?

The Form 4 reports that President and director Alec Amar sold 27,500 Subordinate Voting Shares of Digi Power X Inc. on January 2, 2026.

At what prices did Alec Amar sell Digi Power X (DGXX) shares?

The sale was executed in multiple trades at prices ranging from $2.53 to $2.80 per share, with a reported weighted average sale price of $2.72 per share.

How many Digi Power X (DGXX) shares does Alec Amar own after the reported sale?

Following the sale, Alec Amar beneficially owns 1,290,616 Subordinate Voting Shares directly and 45,000 Subordinate Voting Shares indirectly by Matbrands LLC.

What stock options does Alec Amar hold in Digi Power X (DGXX)?

He reports fully vested employee stock options on Subordinate Voting Shares covering 365,000 shares at an exercise price of $1.51 and 300,000 shares at $3.53, with no new option transactions reported in this filing.

What Restricted Stock Units (RSUs) are reported for Alec Amar at Digi Power X (DGXX)?

He holds RSUs tied to Subordinate Voting Shares, including units issued under Digi Power X Inc.'s Restricted Share Unit Plan, which vest in scheduled annual installments starting on February 9, 2026, December 1, 2026, and November 19, 2026.

Does this Form 4 attribute any Digi Power X (DGXX) shares to an entity related to Alec Amar?

Yes. The filing shows 45,000 Subordinate Voting Shares held indirectly by Matbrands LLC, which are reported as indirectly owned by Alec Amar.