Digi Power X (DGXX) president sells 27,500 shares at $2.86
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Digi Power X Inc. president and director Amar Alec sold 27,500 Subordinate Voting Shares in an open-market transaction at a weighted average price of $2.86 per share. After this sale, he directly holds 1,368,949 Subordinate Voting Shares and indirectly holds 45,000 shares through Matbrands LLC.
Footnotes note that the sale was executed in multiple trades between $2.64 and $2.96 per share, and that certain restricted stock units are scheduled to vest between December 1, 2026 and February 9, 2027 under the company’s Restricted Share Unit Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 27,500 shares ($78,650)
Net Sell
7 txns
Insider
Amar Alec
Role
President
Sold
27,500 shs ($79K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Subordinate Voting Shares | 27,500 | $2.86 | $79K |
| 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 — 1,368,949 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 $2.64 to $2.96. 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$1.3688 reported by the Bank of Canada on March 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$1.3688 reported by the Bank of Canada on March 2, 2026. The remaining restricted stock units are scheduled to vest on February 9, 2027. Represents restricted stock units issued pursuant to Digi Power X Inc.'s Restricted Share Unit Plan. Each restricted stock unit represents a contingent right to receive one subordinate voting share of the issuer as of the vesting date. 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 insider transaction did Digi Power X (DGXX) report for Amar Alec?
Amar Alec sold 27,500 Subordinate Voting Shares of Digi Power X Inc. in an open-market transaction at a weighted average price of $2.86 per share, executed in multiple trades between $2.64 and $2.96 per share.
What indirect Digi Power X (DGXX) holdings are reported for Amar Alec?
In addition to his direct holdings, the Form 4 reports 45,000 Subordinate Voting Shares held indirectly for Amar Alec, with ownership described as “By Matbrands LLC”. This indicates an entity associated with him holds those shares on an indirect basis.
What does the Digi Power X (DGXX) filing say about restricted stock units?
The filing notes restricted stock units issued under Digi Power X Inc.’s Restricted Share Unit Plan. Footnotes state remaining units are scheduled to vest on February 9, 2027, and in equal annual installments beginning on December 1, 2026 and November 19, 2026.
How were Canadian dollar exercise prices handled in the Digi Power X (DGXX) Form 4?
Footnotes explain certain option exercise prices, such as CAD$2.09 and CAD$4.90, were converted to U.S. dollars using the Bank of Canada’s daily average exchange rate of $1.00 to CAD$1.3688 on March 2, 2026.