STOCK TITAN

Galaxy Digital Inc. (GLXY) CFO exercises options and reports 505,777 shares held

(Very High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Galaxy Digital Inc. Chief Financial Officer Anthony Paquette exercised stock options for 75,000 shares of Class A common stock at $11.77 per share, paying cash. He now directly holds 505,777 shares, including 378,747 shares deliverable upon settlement of restricted stock units, and retains 225,000 stock options expiring March 31, 2030.

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Insider Paquette Anthony
Role Chief Financial Officer
Type Security Shares Price Value
Exercise Stock Options F3 75,000 $0.00 $0.00
Exercise Class A Common Stock F1, F2 75,000 $11.77 $883K
Holdings After Transaction: Stock Options — 225,000 shares (Direct); Class A Common Stock — 505,777 shares (Direct)
Footnotes (3)
  1. F1. Represents shares of Class A common stock acquired with cash upon the exercise of 75,000 stock options now held.
  2. F2. Includes 378,747 shares of Class A common stock to be delivered in settlement of restricted stock units, subject to continued service through the applicable vesting date.
  3. F3. This option award was granted March 31, 2025 and vests over four years, with 1/4 vesting on each of the first four anniversaries of December 26, 2024, subject to continued service through the vesting date.
Options Exercised 75,000 shares Stock options exercised into Class A common stock on 2026-08-06
Exercise Price $11.77 per share Conversion price for 75,000 stock options into Class A common stock
Shares Held After 505,777 shares Direct Class A common stock holdings following the transactions
RSU-Linked Shares 378,747 shares Shares to be delivered upon settlement of restricted stock units, subject to vesting
Options Remaining 225,000 options Total stock options held after exercising 75,000 options
Option Expiration 2030-03-31 Expiration date of the reported stock option award
restricted stock units financial
"to be delivered in settlement of restricted stock units, subject to continued service"
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.
stock options financial
"Represents shares of Class A common stock acquired with cash upon the exercise of 75,000 stock options now held"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
vesting date financial
"vests over four years, with 1/4 vesting on each of the first four anniversaries of December 26, 2024, subject to continued service through the vesting date"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"

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FAQ

What insider transaction did Galaxy Digital Inc. (GLXY) report?

Galaxy Digital Inc. reported that CFO Anthony Paquette exercised 75,000 stock options into 75,000 Class A common shares at $11.77 per share. The options exercise increased his directly held common stock position while reducing his outstanding stock options by the same share amount.

How many Galaxy Digital (GLXY) shares does the CFO hold after this Form 4?

After the reported transactions, CFO Anthony Paquette directly holds 505,777 shares of Class A common stock. This total includes 378,747 shares that will be delivered in settlement of restricted stock units, subject to his continued service through future vesting dates.

What was the exercise price of the GLXY stock options used by the CFO?

The exercised stock options converted into Class A common stock at an exercise price of $11.77 per share. A total of 75,000 options were exercised for cash on August 6, 2026, resulting in acquisition of 75,000 Galaxy Digital Inc. common shares.

How many restricted stock unit (RSU) shares are included in the CFO’s GLXY holdings?

Within the reported 505,777 Class A shares, 378,747 shares are scheduled to be delivered upon settlement of restricted stock units. These RSUs remain subject to the CFO’s continued service through the applicable vesting dates before the shares are actually delivered.

How many Galaxy Digital (GLXY) stock options does the CFO still hold?

Following the 75,000-option exercise, Anthony Paquette continues to hold 225,000 stock options. The reported option award was granted on March 31, 2025 and vests over four years, with one quarter vesting on each anniversary of December 26, 2024.

Were the GLXY insider transactions made under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirmative, indicating these transactions are not reported as having been executed under a Rule 10b5-1 trading plan. No footnote indicates any separate pre-arranged trading arrangement for this option exercise.
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).
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*
Paquette Anthony

(Last)(First)(Middle)
C/O GALAXY DIGITAL INC.
300 VESEY STREET

(Street)
NEW YORK NEW YORK 10282

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Galaxy Digital Inc. [ GLXY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/06/2026
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
Class A Common Stock08/06/2026M75,000(1)A$11.77505,777(2)D
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
Stock Options$11.7708/06/2026M75,000 (3)03/31/2030Class A Common Stock75,000$0225,000D
Explanation of Responses:
1. Represents shares of Class A common stock acquired with cash upon the exercise of 75,000 stock options now held.
2. Includes 378,747 shares of Class A common stock to be delivered in settlement of restricted stock units, subject to continued service through the applicable vesting date.
3. This option award was granted March 31, 2025 and vests over four years, with 1/4 vesting on each of the first four anniversaries of December 26, 2024, subject to continued service through the vesting date.
Remarks:
/s/ Frances Fuqua, Attorney-in-Fact for Anthony Paquette08/07/2026
** 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)