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Digi Power X (DGXX) director adds 3,333 shares through RSU settlement

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Digi Power X Inc. director Adam Steven Rossman increased his direct stake through equity compensation. On February 9, 2026, he acquired 3,333 Subordinate Voting Shares via the exercise/settlement of restricted stock units at a stated price of $0 per share, bringing his directly owned Subordinate Voting Shares to 45,333.

The filing also lists fully vested employee stock options with various exercise prices in Canadian dollars (reported in U.S. dollars after conversion) and restricted stock units that remain outstanding. Some of these RSUs are scheduled to vest on February 9, 2027 and in two equal annual installments beginning on December 1, 2026.

Positive

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Negative

  • None.
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*
Rossman Adam Steven

(Last) (First) (Middle)
6338 TRANCAS CYN. RD.

(Street)
MALIBU CA 90265

(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)
Code V Amount (A) or (D) Price
Subordinate Voting Shares 02/09/2026 M 3,333 A (1) 45,333 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee stock option (right to buy) $2.76(2) 07/05/2021 01/05/2026 Subordinate Voting Shares (3) 25,000(4) D
Employee stock option (right to buy) $5.52(5) 09/25/2021 03/25/2026 Subordinate Voting Shares (3) 16,333(4) D
Employee stock option (right to buy) $5.52(5) 11/17/2021 05/17/2026 Subordinate Voting Shares (3) 8,333(4) D
Employee stock option (right to buy) $3.1(6) 12/22/2021 06/22/2026 Subordinate Voting Shares (3) 8,333(4) D
Employee stock option (right to buy) $1.54(7) 06/06/2025 06/06/2030 Subordinate Voting Shares (3) 5,000(4) D
Employee stock option (right to buy) $3.62(8) 11/19/2025 11/19/2030 Subordinate Voting Shares (3) 15,000(4) D
Restricted Stock Units $0 02/09/2026 M 3,333 (9) (9) Subordinate Voting Shares 3,333 $0 3,334(10) D
Restricted Stock Units $0 (11) (11) Subordinate Voting Shares (3) 10,000(10) 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 $3.75 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 $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.
6. Represents an exercise price of $4.20 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.
7. 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$1.3544 reported by the Bank of Canada on February 10, 2026.
8. 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.
9. The remaining restricted stock units are scheduled to vest on February 9, 2027.
10. Represents restricted share units issued pursuant to Digi Power X Inc.'s Restricted Share Unit Plan.
11. The restricted stock units are scheduled to vest in two equal annual installments beginning on December 1, 2026.
/s/ Adam Rossman 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.

FAQ

What insider transaction did DGXX director Adam Steven Rossman report?

Adam Steven Rossman reported receiving 3,333 Subordinate Voting Shares on February 9, 2026. These shares came from the exercise and settlement of restricted stock units, increasing his direct holdings to 45,333 Subordinate Voting Shares in Digi Power X Inc.

How many Digi Power X (DGXX) shares does Adam Rossman own after this Form 4?

After the reported transaction, Adam Steven Rossman directly owns 45,333 Subordinate Voting Shares. This reflects the addition of 3,333 shares received upon settlement of restricted stock units on February 9, 2026, as disclosed in the insider filing.

What was the price for the 3,333 Digi Power X shares acquired by the director?

The 3,333 Subordinate Voting Shares were acquired at a stated price of $0 per share. They resulted from restricted stock units converting into shares at vesting, rather than an open‑market cash purchase, according to the Form 4 disclosure and footnotes.

What restricted stock units does DGXX director Adam Rossman still hold?

The filing shows remaining restricted stock units scheduled to vest on February 9, 2027, and others vesting in two equal annual installments starting December 1, 2026. These RSUs represent future rights to receive Subordinate Voting Shares if vesting conditions are met.

Does Adam Rossman hold Digi Power X employee stock options after this transaction?

Yes. The Form 4 lists fully vested employee stock options with various exercise prices, reported in U.S. dollars after converting from Canadian dollars. These option lines are noted as holdings only, with no new option exercises reported in this particular filing.

Was this Digi Power X insider transaction a market purchase or sale of shares?

No, the transaction reflects a derivative conversion, not a market trade. Adam Steven Rossman received 3,333 Subordinate Voting Shares through settlement of restricted stock units at a stated price of $0, rather than buying or selling shares on the open market.
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