Digi Power X (DGXX) president sells 1,800 shares, retains over 1.36M
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Digi Power X Inc. President and director Amar Alec reported an open-market sale of 1,800 Subordinate Voting Shares on April 1, 2026 at a weighted average price of $2.25 per share, executed in multiple trades between $2.25 and $2.26.
After the sale, Alec directly holds 1,367,149 Subordinate Voting Shares and indirectly holds 45,000 shares through Matbrands LLC. The filing also lists fully vested employee stock options with exercise prices of $1.50 and $3.53 per share and several Restricted Stock Unit awards scheduled to vest between 2026 and 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,800 shares ($4,050)
Net Sell
7 txns
Insider
Amar Alec
Role
President
Sold
1,800 shs ($4K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Subordinate Voting Shares | 1,800 | $2.25 | $4K |
| 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 — 1,367,149 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 $2.25 to $2.26. 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$1.3888 reported by the Bank of Canada on April 1, 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$1.3888 reported by the Bank of Canada on April 1, 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: 1,800 shares
Sale price: $2.25 per share
Direct holdings post-sale: 1,367,149 shares
+5 more
8 metrics
Shares sold
1,800 shares
Open-market sale of Subordinate Voting Shares on April 1, 2026
Sale price
$2.25 per share
Weighted average price, trades ranged from $2.25 to $2.26
Direct holdings post-sale
1,367,149 shares
Subordinate Voting Shares directly owned after April 1, 2026 sale
Indirect holdings
45,000 shares
Subordinate Voting Shares held indirectly by Matbrands LLC
Option exercise price 1
$1.50 per share
Employee stock option exercise price, fully vested, expires June 6, 2030
Option exercise price 2
$3.53 per share
Employee stock option exercise price, fully vested, expires November 19, 2030
RSU vesting date
February 9, 2027
Remaining restricted share units scheduled to vest on this date
RSU installment vesting
Beginning December 1, 2026 & November 19, 2026
RSUs vest in equal annual installments from these dates
Key Terms
Subordinate Voting Shares, Employee stock option (right to buy), Restricted Stock Units, weighted average sale price, +1 more
5 terms
Employee stock option (right to buy) financial
"security_title: "Employee stock option (right to buy)" with exercise prices"
Restricted Stock Units financial
"The restricted share units are scheduled to vest in three equal annual installments"
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.
weighted average sale price financial
"The price reported above reflects the weighted average sale price"
exercise price financial
"Represents an exercise price of $2.09 Canadian dollars, converted to U.S. dollars"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What insider transaction did Digi Power X (DGXX) report for Amar Alec?
Digi Power X reported that President and director Amar Alec sold 1,800 Subordinate Voting Shares on April 1, 2026 in an open-market transaction. The weighted average sale price was $2.25 per share, based on multiple trades executed between $2.25 and $2.26.
Does Amar Alec hold any Digi Power X (DGXX) stock options after this Form 4?
The filing lists employee stock options with exercise prices of $1.50 and $3.53 per share, both fully vested. These exercise prices reflect Canadian dollar amounts converted to U.S. dollars using a Bank of Canada exchange rate disclosed in the footnotes.
What Restricted Stock Units (RSUs) are reported for Amar Alec at Digi Power X (DGXX)?
The Form 4 describes Restricted Stock Units representing contingent rights to receive Subordinate Voting Shares upon vesting. Remaining RSUs are scheduled to vest on February 9, 2027, and in annual installments beginning December 1, 2026 and November 19, 2026, according to the footnotes.
Are any of the Digi Power X (DGXX) holdings reported as indirect for Amar Alec?
Yes. In addition to his direct holdings, the Form 4 shows 45,000 Subordinate Voting Shares held indirectly by Matbrands LLC. This indirect position is reported separately from his 1,367,149 directly owned Subordinate Voting Shares following the April 1, 2026 transaction.