Galaxy Digital (GLXY) CAO reports 161 shares withheld for taxes on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Galaxy Digital Inc. Chief Accounting Officer Rico Robert Daniel reported a routine tax-related share disposition. On June 1, 2026, 161 shares of Class A common stock were withheld to cover taxes when 445 restricted share units vested. After this withholding, he directly holds 58,934 shares, and his position also reflects 11,797 additional shares to be delivered over time as remaining RSUs vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rico Robert Daniel
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 161 | $29.58 | $5K |
Holdings After Transaction:
Class A Common Stock — 58,934 shares (Direct, null)
Footnotes (1)
- Represents 161 shares of Class A common stock withheld for taxes upon the vesting of 445 restricted share units ("RSUs") on June 1, 2026. Includes 11,797 shares of Class A common stock to be delivered in settlement of RSUs, subject to continued service through the applicable vesting date.
Key Figures
Shares withheld for taxes: 161 shares
RSUs vested: 445 RSUs
Post-transaction holdings: 58,934 shares
+2 more
5 metrics
Shares withheld for taxes
161 shares
Class A common stock withheld on RSU vesting June 1, 2026
RSUs vested
445 RSUs
Restricted share units vesting on June 1, 2026
Post-transaction holdings
58,934 shares
Direct Class A common stock held after tax withholding
RSUs outstanding
11,797 shares
To be delivered upon future RSU vesting, subject to continued service
Implied tax value per share
$29.58 per share
Value used for 161 shares withheld for tax liability
Key Terms
restricted share units, withheld for taxes, vesting, settlement of RSUs, +1 more
5 terms
withheld for taxes financial
"Represents 161 shares of Class A common stock withheld for taxes upon the vesting"
vesting financial
"upon the vesting of 445 restricted share units ("RSUs") on June 1, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
settlement of RSUs financial
"Includes 11,797 shares of Class A common stock to be delivered in settlement of RSUs"
Class A common stock financial
"Represents 161 shares of Class A common stock withheld for taxes"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What did Galaxy Digital (GLXY) officer Rico Robert Daniel report in this Form 4?
Rico Robert Daniel reported a tax-related disposition of shares. 161 Class A shares were withheld to satisfy taxes upon vesting of 445 restricted share units, a routine compensation-related event rather than an open-market trade.
Does the Galaxy Digital (GLXY) Form 4 show an open-market sale or purchase?
The Form 4 does not show any open-market sale or purchase. It reports a tax-withholding disposition, where 161 shares were withheld to pay taxes on vesting restricted share units, which is a non-market, compensation-related transaction.
What equity awards are outstanding for Galaxy Digital (GLXY) officer Rico Robert Daniel?
The filing notes 11,797 Class A shares will be delivered in settlement of restricted share units. These RSUs remain subject to continued service through their vesting dates, adding to his equity-based compensation over time as they vest.