Digi Power X (DGXX) president Alec Amar sells 27,500 shares at $2.53

Rhea-AI Filing Summary

Digi Power X Inc. President and director Alec Amar reported selling 27,500 Subordinate Voting Shares on February 2, 2026 at a weighted average price of $2.53 per share. After this sale, he beneficially owned 1,263,116 Subordinate Voting Shares directly and 45,000 shares indirectly through Matbrands LLC.

The filing also lists existing derivative holdings, including fully vested employee stock options exercisable for Subordinate Voting Shares and several blocks of restricted stock units that vest in scheduled annual installments beginning in 2026.

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

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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 STREET

(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)
02/02/2026

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	02/02/2026		S		27,500	D	$2.53(1)	1,263,116	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)	$1.53(2)							06/06/2025	06/06/2030	Subordinate Voting Shares	(3)		365,000(4)	D
Employee stock option (right to buy)	$3.58(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 $2.43 to $2.61. 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$1.3676 reported by the Bank of Canada on February 2, 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$1.3676 reported by the Bank of Canada on February 2, 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	02/03/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transaction did Alec Amar report at Digi Power X Inc. (DGXX)?

Alec Amar reported selling 27,500 Digi Power X Inc. Subordinate Voting Shares on February 2, 2026, at a weighted average price of $2.53. The sale was coded as a disposition of directly held shares under transaction code "S" in the Form 4 filing.

How many Digi Power X (DGXX) shares does Alec Amar own after this Form 4 sale?

After the reported sale, Alec Amar beneficially owned 1,263,116 Subordinate Voting Shares directly and 45,000 shares indirectly through Matbrands LLC. These positions are disclosed in Table I of the Form 4 as the amounts owned following the reported transaction.

What price range applied to Alec Amar’s Digi Power X (DGXX) share sale?

The Form 4 states the 27,500 shares were sold at prices ranging from $2.43 to $2.61 per share, with a reported weighted average sale price of $2.53. Amar undertakes to provide full trade details upon request to regulators or security holders.

What stock options for Digi Power X (DGXX) does Alec Amar report holding?

The filing lists fully vested employee stock options with exercise prices of $1.53 and $3.58 per share, corresponding to underlying Subordinate Voting Shares. These options, expiring in 2030, are reported as derivative securities beneficially owned as of the filing date, with no new option transactions reported.

What restricted stock units does Alec Amar report for Digi Power X (DGXX)?

Amar reports several blocks of restricted stock units tied to Subordinate Voting Shares. These RSUs were issued under Digi Power X Inc.’s Restricted Share Unit Plan and vest in equal annual installments beginning on February 9, 2026, December 1, 2026, and November 19, 2026, respectively.

Is Alec Amar a director or officer of Digi Power X Inc. (DGXX) in this Form 4?

Yes. The Form 4 identifies Alec Amar as both a director and an officer of Digi Power X Inc., with the officer title of President. The relationship section confirms his roles while reporting the insider transaction in the company’s Subordinate Voting Shares.