STOCK TITAN

Digi Power X (DGXX) president sells 1,800 shares, retains over 1.36M

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
Subordinate Voting Shares financial
"Subordinate Voting Shares on April 1, 2026 at a weighted average price"
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.
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.
SEC Form 4
FORM 4UNITED 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 ST.

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Subordinate Voting Shares04/01/2026S1,800D$2.25(1)1,367,149D
Subordinate Voting Shares45,000IBy 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee stock option (right to buy)$1.5(2)06/06/202506/06/2030Subordinate Voting Shares(3)365,000(4)D
Employee stock option (right to buy)$3.53(5)11/19/202511/19/2030Subordinate 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 $2.25 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.
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$1.3888 reported by the Bank of Canada on April 1, 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$1.3888 reported by the Bank of Canada on April 1, 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 Amar04/02/2026
** Signature of Reporting PersonDate
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 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.

How many Digi Power X (DGXX) shares does Amar Alec hold after the sale?

After the reported sale, Amar Alec directly holds 1,367,149 Subordinate Voting Shares of Digi Power X. He also has an indirect holding of 45,000 Subordinate Voting Shares through Matbrands LLC, as disclosed in the indirect ownership section of the filing.

What was the price range for Amar Alec’s Digi Power X (DGXX) share sale?

The sale was executed in multiple trades at prices ranging from $2.25 to $2.26 per Subordinate Voting Share. The Form 4 reports a weighted average sale price of $2.25 per share for the 1,800 shares sold in the open market.

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.