Galaxy Digital CAO exercises options, sells shares
Galaxy Digital Inc. Chief Accounting Officer Rico Robert Daniel exercised stock options for a total of 28,589 shares of Class A common stock on 2026-08-06 at exercise prices of $4.83, $9.63 and $11.77 per share.
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Form Type
4
Rhea-AI Filing Summary
Galaxy Digital Inc. Chief Accounting Officer Rico Robert Daniel exercised stock options for a total of 28,589 shares of Class A common stock on 2026-08-06 at exercise prices of $4.83, $9.63 and $11.77 per share. He then sold 9,095 shares at a weighted average price of $19.66 per share, with sale prices ranging from $19.62 to $19.665, to cover taxes related to the option exercises. A footnote also notes 11,797 shares of Class A common stock are to be delivered upon settlement of restricted stock units, subject to continued service through the applicable vesting dates.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
7 txns
Insider
Rico Robert Daniel
Role
Chief Accounting Officer
Sold
9,095 shs ($179K)
Approx. gross sale proceeds
$179K
Approx. exercise cost
$291K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options F4 | 710 | $0.00 | $0.00 |
| Exercise | Stock Options F5 | 18,784 | $0.00 | $0.00 |
| Exercise | Stock Options F6 | 9,095 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 710 | $4.83 | $3K |
| Exercise | Class A Common Stock F1 | 18,784 | $9.63 | $181K |
| Exercise | Class A Common Stock F1 | 9,095 | $11.77 | $107K |
| Sale | Class A Common Stock F2, F3, F1 | 9,095 | $19.66 | $179K |
Holdings After Transaction:
Stock Options — 27,868 contracts (Direct);
Class A Common Stock — 64,428 shares (Direct)
Footnotes (6)
- F1. Includes 11,797 shares of Class A common stock to be delivered in settlement of restricted stock units, subject to continued service through the applicable vesting date.
- F2. Represents shares sold to cover taxes in connection with the exercise of stock options.
- F3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.620 to 19.665 per share, inclusive. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4. These options were vested and exercisable until March 29, 2028.
- F5. This option vests over three years from March 1, 2024, with 1/3 vesting on the each of the first three anniversaries of such date, subject to continued service through the relevant vesting date.
- F6. This option vests over three years from March 1, 2025, with 1/3 vesting on the each of the first three anniversaries of such date, subject to continued service through the relevant vesting date.
Key Figures
Options exercised: 28,589 shares
Shares sold: 9,095 shares
Exercise prices: $4.83, $9.63, $11.77 per share
+3 more
6 metrics
Options exercised
28,589 shares
Total underlying Class A common shares from three option exercises on 2026-08-06
Shares sold
9,095 shares
Class A common stock sold on 2026-08-06 to cover taxes
Exercise prices
$4.83, $9.63, $11.77 per share
Exercise prices for the three stock option tranches
Sale weighted average price
$19.66 per share
Weighted average sale price for 9,095 shares, range $19.62–$19.665
RSU-related shares
11,797 shares
Shares to be delivered on settlement of restricted stock units, subject to vesting
Option expiration
March 29, 2028
Expiration date for one vested and exercisable option grant
Key Terms
weighted average price, restricted stock units, vested and exercisable, continued service
4 terms
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock units financial
"shares of Class A common stock to be delivered in settlement of restricted stock units"
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.
vested and exercisable financial
"These options were vested and exercisable until March 29, 2028."
continued service financial
"subject to continued service through the applicable vesting date"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Galaxy Digital (GLXY) insider Rico Robert Daniel report in this Form 4?
Rico Robert Daniel exercised 28,589 stock options for Class A common shares and sold 9,095 shares primarily to cover tax obligations related to those exercises on 2026-08-06.
What stock options did the Galaxy Digital (GLXY) CAO exercise?
He exercised options covering 28,589 shares of Class A common stock at exercise prices of $4.83, $9.63, and $11.77 per share, converting them into common shares on 2026-08-06.
What restricted stock units are disclosed for Galaxy Digital (GLXY) CAO?
A footnote indicates 11,797 shares of Class A common stock will be delivered on settlement of restricted stock units, contingent on continued service through the relevant vesting dates.
What are the vesting terms of the Galaxy Digital (GLXY) options mentioned?
One option grant vested and was exercisable until March 29, 2028, while two other grants vest over three years from March 1, 2024 and March 1, 2025, with one-third vesting each year subject to continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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