Digi Power X (DGXX) president awarded 133,333 subordinate voting shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Digi Power X Inc. president and director Alec Amar acquired 133,333 subordinate voting shares on February 9, 2026 through the settlement of restricted stock units at $0 per share. After this derivative conversion, he directly owns 1,396,449 subordinate voting shares and indirectly reports 45,000 shares held by Matbrands LLC.
Amar also reports fully vested employee stock options for 365,000 shares at an exercise price of $1.54 and 300,000 shares at $3.62, and continuing restricted stock unit awards scheduled to vest between 2026 and 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
133,333 shares exercised/converted
Mixed
7 txns
Insider
Amar Alec
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 133,333 | $0.00 | -- |
| Exercise | Subordinate Voting Shares | 133,333 | $0.00 | -- |
| holding | Employee stock option (right to buy) | -- | -- | -- |
| holding | Employee stock option (right to buy) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Subordinate Voting Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 133,334 shares (Direct);
Subordinate Voting Shares — 1,396,449 shares (Direct);
Employee stock option (right to buy) — 0 shares (Direct);
Subordinate Voting Shares — 45,000 shares (Indirect, By Matbrands LLC)
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 $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. 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. The restricted stock units are scheduled to vest in three equal annual installments beginning on November 19, 2026.
FAQ
What did Alec Amar report in Digi Power X (DGXX) Form 4?
Alec Amar reported acquiring 133,333 subordinate voting shares of Digi Power X Inc. on February 9, 2026. The shares came from vested restricted stock units that settled into stock at $0 per share, increasing his reported ownership stake.
What stock options in Digi Power X (DGXX) does Alec Amar hold?
Alec Amar reports fully vested employee stock options for 365,000 shares at an exercise price of $1.54 and 300,000 shares at $3.62. These options, when exercised, would allow him to buy additional subordinate voting shares at the stated prices.
What restricted stock units in Digi Power X (DGXX) remain for Alec Amar?
He reports remaining restricted stock units that are scheduled to vest on February 9, 2027, and other awards that vest in annual installments beginning in December 2026 and November 2026. These units each convert into one subordinate voting share upon vesting.
How are indirect Digi Power X (DGXX) holdings reported for Alec Amar?
In addition to direct holdings, the Form 4 reports 45,000 subordinate voting shares held indirectly by Matbrands LLC. This indicates a separate entity associated with Amar holds these shares, and they are disclosed as indirect beneficial ownership.