GLXY insider plans to sell 50,000 Class A shares via Morgan Stanley

Rhea-AI Filing Summary

Form 144 filed for Galaxy Digital Inc. (GLXY) reports a proposed sale of 50,000 Class A Common shares through Morgan Stanley Smith Barney LLC with an aggregate market value of $1,414,200.00. The sale is listed with an approximate transaction date of 08/08/2025 and the shares are to be sold on NASDAQ.

The filing shows the shares were acquired in an open market purchase on 12/14/2018 for which payment was cash. The registrant reports 172,401,243 shares outstanding and states there were no securities sold during the past three months for the account identified in this notice.

Insights

Securities Analyst

TL;DR: Small, routine proposed insider sale disclosed; not obviously material to valuation.

The notice details a proposed disposition of 50,000 Class A shares via a broker, valued at $1,414,200, with an approximate sale date of 08/08/2025. The shares were acquired in the open market on 12/14/2018 and paid in cash. The filing also reports 172,401,243 shares outstanding and that there were no sales in the prior three months. From a market-impact perspective, this appears to be a standard regulatory disclosure of a planned sale rather than a material corporate event.

Corporate Governance Expert

TL;DR: Disclosure aligns with Rule 144 requirements; provides basic investor transparency about insider trading intentions.

The filer identifies the broker and sale details and affirms the absence of undisclosed material adverse information, consistent with required representations on Form 144. The transaction’s provenance is documented as an open market purchase with cash payment. The absence of prior three-month sales for the account is noted. This filing is a routine governance/compliance disclosure rather than an indication of a governance issue.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	50000	1414200.00	172401243	08/08/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common	12/14/2018	Open Market Purchase	Open Market			50000	12/14/2018	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Galaxy Digital (GLXY) Form 144 report?

The filing reports a proposed sale of 50,000 Class A Common shares of Galaxy Digital through Morgan Stanley Smith Barney LLC with an aggregate value of $1,414,200.00.

When is the proposed sale scheduled on the Form 144 for GLXY?

The filing lists an approximate date of sale of 08/08/2025.

How and when were the shares being sold originally acquired?

The 50,000 shares were acquired by open market purchase on 12/14/2018 and payment was made in cash.

Does the filing report any sales in the past three months for the account?

The filing states Nothing to Report for securities sold during the past three months by the account in question.

Which broker is handling the proposed sale noted in the Form 144?

The broker named in the filing is Morgan Stanley Smith Barney LLC, 1 New York Plaza, 8th Floor, New York, NY 10004.