GLXY Form 4: Jane Dietze Receives 5,419 DSUs; Settlement Totals 80,064 Shares
Rhea-AI Filing Summary
Jane A. Dietze, a director of Galaxy Digital Inc. (GLXY), was granted a deferred share unit award of 5,419 DSUs on 08/06/2025 that are scheduled to vest on June 15, 2026. Each DSU represents the right to receive one share of the company’s Class A common stock and the award is subject to continued service through the vesting date.
The filing reports that the reporting person’s beneficial ownership includes 80,064 shares of Class A common stock to be delivered in settlement of DSU awards. The Form 4 was executed by an attorney-in-fact and signed on 08/08/2025.
Positive
- 5,419 DSUs granted to Director Jane A. Dietze on 08/06/2025, scheduled to vest on June 15, 2026.
- Each DSU represents one Class A common share, clarifying the conversion mechanism of the award.
- Beneficial ownership includes 80,064 Class A shares to be delivered in settlement of DSU awards, as reported on the Form 4.
Negative
- None.
Insights
TL;DR: Director Jane Dietze received 5,419 DSUs vesting 06/15/2026; beneficial ownership includes 80,064 Class A shares.
The Form 4 documents a non-cash equity award recorded on 08/06/2025: 5,419 deferred share units awarded to Jane A. Dietze, with vesting on 06/15/2026 and subject to continued service. The report clarifies that each DSU converts to one Class A common share and that the reporting position includes 80,064 shares to be delivered in settlement of DSU awards. The filing was signed by an attorney-in-fact on 08/08/2025, indicating the transaction was formally reported in accordance with Section 16 requirements.
TL;DR: Grant recorded on Form 4; DSUs convert one-for-one into Class A shares and vest subject to continued service.
The disclosure identifies the reporting person as a director and specifies the mechanics of the award: each DSU equals one share and the DSUs are scheduled to vest on 06/15/2026, conditional on continued service. The Form 4 lists beneficial ownership totaling 80,064 Class A shares to be delivered in settlement of DSUs. The signature by an attorney-in-fact on 08/08/2025 completes the required insider reporting formalities.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 5,419 | $0.00 | -- |
Footnotes (1)
- A deferred share unit ("DSU") award was granted on August 6th, 2025 where 5,419 are scheduled to vest on June 15, 2026. The DSU award is subject to continued service through the vesting date. Each DSU represents the right to receive one share of the Company's Class A Common Stock. Includes 80,064 shares of Class A Common Stock to be delivered in settlement of DSU awards. The DSU awards, in each case, are subject to continued service through the applicable vesting date.