Digi Power X (DGXX) president sells 27,500 shares at $2.86

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.

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)
03/02/2026

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	03/02/2026		S		27,500	D	$2.86(1)	1,368,949	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)		133,334(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 $2.64 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.

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$1.3688 reported by the Bank of Canada on March 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$1.3688 reported by the Bank of Canada on March 2, 2026.

6. The remaining restricted stock units are scheduled to vest on February 9, 2027.

7. 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.

8. The restricted stock units are scheduled to vest in two equal annual installments beginning on December 1, 2026.

9. The restricted stock units are scheduled to vest in three equal annual installments beginning on November 19, 2026.

	/s/ Alec Amar	03/03/2026
	** 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.
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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.

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

After the reported sale, Amar Alec directly holds 1,368,949 Subordinate Voting Shares of Digi Power X Inc. He also has indirect ownership of 45,000 shares held through Matbrands LLC, as disclosed in the filing’s ownership details.

At what prices were Amar Alec’s Digi Power X (DGXX) shares sold?

The filing states the weighted average sale price was $2.86 per share. Footnotes explain the transaction occurred in multiple trades at prices ranging from $2.64 to $2.96 per share, all on March 2, 2026.

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.