Galaxy Digital (GLXY) COO reports RSU-related tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Galaxy Digital Inc. Chief Operating Officer Erin Elizabeth Brown reported a tax-withholding disposition of 1,951 shares of Class A common stock on June 1, 2026. These shares were withheld at $29.58 per share to cover taxes when 4,403 restricted share units vested.
After this withholding, Brown directly holds 238,201 shares of Class A common stock. Footnotes also state that 166,058 additional shares are scheduled to be delivered in settlement of RSUs, subject to her continued service through future vesting dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brown Erin Elizabeth
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 1,951 | $29.58 | $58K |
Holdings After Transaction:
Class A Common Stock — 238,201 shares (Direct, null)
Footnotes (1)
- Represents 1,951 shares of Class A common stock withheld for taxes upon the vesting of 4,403 restricted share units ("RSUs") on June 1, 2026. Includes 166,058 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: 1,951 shares
Tax withholding price: $29.58 per share
Shares held after transaction: 238,201 shares
+2 more
5 metrics
Shares withheld for taxes
1,951 shares
Class A common stock withheld for taxes on June 1, 2026
Tax withholding price
$29.58 per share
Value used for 1,951 withheld shares on June 1, 2026
Shares held after transaction
238,201 shares
Direct Class A common stock holdings following tax withholding
RSUs vested
4,403 RSUs
Restricted share units vesting on June 1, 2026
RSUs remaining to settle
166,058 shares
Shares to be delivered upon RSU settlement, subject to continued service
Key Terms
restricted share units ("RSUs"), withheld for taxes, vesting, settlement of RSUs
4 terms
withheld for taxes financial
"Represents 1,951 shares of Class A common stock withheld for taxes upon the vesting of 4,403 restricted share units ("RSUs") on June 1, 2026."
vesting financial
"Represents 1,951 shares of Class A common stock withheld for taxes upon the vesting of 4,403 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 166,058 shares of Class A common stock to be delivered in settlement of RSUs, subject to continued service through the applicable vesting date."
FAQ
What did Galaxy Digital (GLXY) COO Erin Brown report in this Form 4?
COO Erin Brown reported a tax-withholding disposition of 1,951 Galaxy Digital Class A shares. The shares were withheld at $29.58 each to satisfy tax obligations arising from the vesting of 4,403 restricted share units on June 1, 2026.
What RSU position does Galaxy Digital (GLXY) COO Erin Brown still have outstanding?
Footnotes state that Erin Brown has 166,058 Galaxy Digital Class A shares to be delivered upon settlement of restricted share units. These RSUs remain subject to her continued service through the applicable future vesting dates specified in the company’s compensation arrangements.
Is the Galaxy Digital (GLXY) Form 4 transaction an open-market sale by the COO?
The Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were automatically withheld by Galaxy Digital to cover Erin Brown’s tax obligations when 4,403 RSUs vested, rather than being sold at her discretion in the open market.