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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Subordinate Voting Shares | 27,500 | $2.72 | $75K |
| holding | Employee stock option (right to buy) | -- | -- | -- |
| holding | Employee stock option (right to buy) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Subordinate Voting Shares | -- | -- | -- |
Footnotes (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. 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. 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$1.3877 reported by the Bank of Canada on January 14, 2026. The restricted stock units vest in two equal annual installments beginning on February 9, 2026. Represents restricted share units issued pursuant to Digi Power X Inc.'s Restricted Share Unit Plan. The restricted stock units vest in two equal annual installments beginning on December 1, 2026. The restricted stock units vest in three equal annual installments beginning on November 19, 2026.
