Digi Power X (DGXX) president Alec Amar sells 27,500 shares at $2.53
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 27,500 shares ($69,575)
Net Sell
7 txns
Insider
Amar Alec
Role
President
Sold
27,500 shs ($70K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Subordinate Voting Shares | 27,500 | $2.53 | $70K |
| 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 | -- | -- | -- |
Holdings After Transaction:
Subordinate Voting Shares — 1,263,116 shares (Direct);
Employee stock option (right to buy) — 0 shares (Direct);
Restricted Stock Units — 0 shares (Direct);
Subordinate Voting Shares — 45,000 shares (Indirect, By Matbrands LLC)
Footnotes (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. 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. 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$1.3676 reported by the Bank of Canada on February 2, 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.
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.
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.