Galaxy Digital (GLXY) holder sold 100K shares, plans more trades
Rhea-AI Filing Summary
Galaxy Digital Inc. (GLXY) is the issuer for which Sixtav Ventures, LLC filed a notice under Rule 144 to sell restricted securities. Sixtav plans to sell 50,000 common shares of Galaxy Digital through Morgan Stanley Smith Barney LLC Executive Financial Services. The shares relate to Performance Stock Units granted on 12/14/2018. Over the past three months, Sixtav has already sold 100,000 Galaxy Digital common shares. The filer also notes an intention to write 250 covered call options with a $25.00 strike expiring 09/18/2026 and 250 covered call options with a $30.00 strike expiring 12/18/2026.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold under Rule 144: 50,000 shares of Common
Aggregate market value of planned sale: $1,375,000.00
Shares sold on 07/21/2026: 25,000 shares of Common for $750,000.00
+4 more
7 metrics
Shares to be sold under Rule 144
50,000 shares of Common
Planned sale by Sixtav Ventures, LLC
Aggregate market value of planned sale
$1,375,000.00
Market value for 50,000 shares listed in the notice
Shares sold on 07/21/2026
25,000 shares of Common for $750,000.00
Sales during the past 3 months
Shares sold on 06/22/2026
75,000 shares of Common for $3,000,000.00
Sales during the past 3 months
Covered call options at $25.00
250 contracts, exercise price $25.00, expiration 09/18/2026
Intended option writing strategy
Covered call options at $30.00
250 contracts, exercise price $30.00, expiration 12/18/2026
Intended option writing strategy
Grant date of Performance Stock Units
12/14/2018
Original award of securities being sold
Key Terms
Rule 144, Performance Stock Units, covered call options
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Performance Stock Units financial
"Common | 12/14/2018 | Performance Stock Units | Issuer"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
covered call options financial
"intention to write (i) 250 covered call options with exercise price"
Covered call options are a strategy where an investor sells call options on shares they already own, receiving a payment (premium) now and agreeing to sell those shares at a set price if the buyer exercises the option. It matters because it can create steady income and provide a small cushion against losses, but it limits how much profit you can make if the stock rises sharply—like earning rent by leasing out a house while giving up the chance to sell it at a higher price later.
FAQ
What does the Form 144 filing for GLXY by Sixtav Ventures, LLC disclose?
It discloses Sixtav Ventures, LLC’s intent to sell 50,000 Galaxy Digital common shares under Rule 144, originally acquired via Performance Stock Units on 12/14/2018, and provides details on recent share sales and planned covered call option writing.
What option strategies involving GLXY does the filing mention?
The filing states an intention to write (i) 250 covered call options with a $25.00 exercise price expiring 09/18/2026 and (ii) 250 covered call options with a $30.00 exercise price expiring 12/18/2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.