Galaxy Digital Inc. (GLXY) CFO exercises options and reports 505,777 shares held
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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Insights
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Insider Trade Summary
Net Buyer: 75,000 shares
Net Buy
2 txns
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)
- F1. Represents shares of Class A common stock acquired with cash upon the exercise of 75,000 stock options now held.
- 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.
- 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.
Key Figures
Options Exercised: 75,000 shares
Exercise Price: $11.77 per share
Shares Held After: 505,777 shares
+3 more
6 metrics
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
Key Terms
restricted stock units, stock options, vesting date, Exercise or conversion of derivative security
4 terms
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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.
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 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.