Digi Power X (DGXX) president sells 27,500 shares at $3.56 avg

Rhea-AI Filing Summary

Digi Power X Inc. president and director Amar Alec reported an open-market sale of 27,500 Subordinate Voting Shares on May 1, 2026 at a weighted average price of $3.56 per share, with individual trade prices ranging from $3.37 to $3.75.

Following the sale, Alec holds 1,368,949 Subordinate Voting Shares directly and 45,000 Subordinate Voting Shares indirectly through Matbrands LLC. The filing also lists fully vested employee stock options with exercise prices of $3.60 and $1.54 per share, both expiring in 2030, and restricted share units that vest between 2026 and 2027.

Insider Trade Summary 10b5-1

Net Seller: 27,500 shares ($97,900)

Net Sell 7 txns

Insider Amar Alec

Role President

Sold 27,500 shs ($98K)

Type	Security	Shares	Price	Value
Sale	Subordinate Voting Shares	27,500	$3.56	$98K
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, null); Employee stock option (right to buy) — 0 shares (Direct, null); Restricted Stock Units — 0 shares (Direct, null); Subordinate Voting Shares — 45,000 shares (Indirect, By Matbrands LLC)

Footnotes (1)

1. This transaction was executed in multiple trades at prices ranging from $3.37 to $3.75. 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$1.3611 reported by the Bank of Canada on May 4, 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$1.3611 reported by the Bank of Canada on May 4, 2026. The remaining restricted share 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. Each restricted share unit represents a contingent right to receive one subordinate voting share of the issuer as of the vesting date. The restricted share units are scheduled to vest in two equal annual installments beginning on December 1, 2026. The restricted share units are scheduled to vest in three equal annual installments beginning on November 19, 2026.

Key Figures

Shares sold: 27,500 shares Weighted average sale price: $3.56 per share Direct holdings after sale: 1,368,949 shares +3 more

6 metrics

Shares sold 27,500 shares Subordinate Voting Shares sold on May 1, 2026

Weighted average sale price $3.56 per share Open-market sale with trades from $3.37 to $3.75

Direct holdings after sale 1,368,949 shares Subordinate Voting Shares held directly after transaction

Indirect holdings 45,000 shares Subordinate Voting Shares held via Matbrands LLC

Option exercise price $3.60 per share Employee stock option on Subordinate Voting Shares, expiring November 19, 2030

Option exercise price $1.54 per share Employee stock option on Subordinate Voting Shares, expiring June 6, 2030

Key Terms

Subordinate Voting Shares, Restricted Stock Units, Employee stock option (right to buy), weighted average sale price, +2 more

6 terms

Subordinate Voting Shares financial

"security_title": "Subordinate Voting Shares""

Subordinate voting shares are a type of company stock that typically carry fewer voting rights than regular shares, meaning holders have less influence over company decisions. They are often used to raise capital while allowing founders or main shareholders to retain control. For investors, understanding the difference helps assess their level of influence in company decisions and the potential risks or benefits of holding different types of shares.

Restricted Stock Units financial

"security_title": "Restricted Stock Units""

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Employee stock option (right to buy) financial

"security_title": "Employee stock option (right to buy)""

weighted average sale price financial

"The price reported above reflects the weighted average sale price."

Restricted Share Unit Plan financial

"issued pursuant to Digi Power X Inc.'s Restricted Share Unit Plan."

A restricted share unit plan is a company program that promises employees or executives actual company shares or cash tied to the company’s stock, delivered later once conditions like continued employment or performance targets are met. Think of it as a delayed paycheck paid in stock that becomes fully owned only after certain milestones. Investors care because these awards can change the number of shares outstanding, affect reported costs, and align employee actions with shareholder value.

vest financial

"restricted share units are scheduled to vest in three equal annual installments"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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 FLORIDA 33127

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/01/2026		S		27,500	D	$3.56(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)	$1.54(2)							06/06/2025	06/06/2030	Subordinate Voting Shares	(3)		365,000(4)	D
Employee stock option (right to buy)	$3.6(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 $3.37 to $3.75. 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$1.3611 reported by the Bank of Canada on May 4, 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$1.3611 reported by the Bank of Canada on May 4, 2026.

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

7. Represents restricted share units issued pursuant to Digi Power X Inc.'s Restricted Share Unit Plan. Each restricted share unit represents a contingent right to receive one subordinate voting share of the issuer as of the vesting date.

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

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

	/s/ Alec Amar	05/05/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Digi Power X (DGXX) report for Amar Alec?

Digi Power X president Amar Alec reported selling 27,500 Subordinate Voting Shares in an open-market transaction. The weighted average sale price was $3.56 per share, with individual trades executed between $3.37 and $3.75.

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

After the reported sale, Amar Alec beneficially owns 1,368,949 Subordinate Voting Shares directly. He also has indirect ownership of 45,000 Subordinate Voting Shares held through Matbrands LLC, as disclosed in the Form 4 filing.

At what price did Amar Alec sell Digi Power X (DGXX) shares?

The reported sale used a weighted average price of $3.56 per Subordinate Voting Share. Footnotes explain the trade was executed in multiple lots, with prices ranging from $3.37 to $3.75 per share across the different executions.

What stock options does Amar Alec retain in Digi Power X (DGXX)?

The filing lists fully vested employee stock options with exercise prices of $3.60 and $1.54 per share. These options relate to Subordinate Voting Shares and carry expiration dates in 2030, providing potential future share acquisition rights.

What restricted stock units are disclosed for Amar Alec at Digi Power X (DGXX)?

Restricted share units issued under Digi Power X’s Restricted Share Unit Plan are disclosed. Footnotes state they convert into Subordinate Voting Shares upon vesting, with remaining units scheduled to vest between December 1, 2026 and February 9, 2027.

Was this Digi Power X (DGXX) Form 4 mainly a sale or a holding update?

The Form 4 includes both a sale and holding updates. One transaction reports the open-market sale of 27,500 Subordinate Voting Shares, while several additional lines simply update existing holdings of options and restricted share units without new transactions.