RSU vesting sees 3,891 Galaxy Digital (GLXY) shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Galaxy Digital Inc. President and CIO Christopher C. Ferraro reported routine equity compensation activity. On June 1, 2026, 7,621 restricted share units vested, and 3,891 shares of Class A common stock were withheld to cover taxes, leaving 858,292 Class A shares held directly. He also holds Class B common stock exchangeable into 3,411,001 Class A shares and stock options over additional Class A shares with exercise prices between $4.83 and $11.77 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Ferraro Christopher C
Role
President and CIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 3,891 | $29.58 | $115K |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 858,292 shares (Direct, null);
Stock Options — 81,319 shares (Direct, null);
Class B Common Stock — 3,411,001 shares (Direct, null)
Footnotes (1)
- Represents 3,891 shares of Class A common stock withheld for taxes upon the vesting of 7,621 restricted share units ("RSUs") on June 1, 2026. Includes 288,806 shares of Class A common stock to be delivered in settlement of RSUs, subject to continued service through the applicable vesting date. 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. 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. This option is vested and exercisable until March 29, 2028 Each share of Class B common stock entitles its holder to one vote per share on all matters submitted to a vote of the issuer's stockholders. The number of issued and outstanding shares of Class B common stock is equal to the number of issued and outstanding LP Units of Galaxy Digital Holdings LP not held by the issuer or one of its subsidiaries, and such LP Units are redeemable or exchangeable, on a one-for-one basis, for shares of Class A common stock.
Key Figures
Tax-withheld shares: 3,891 shares
RSUs vested: 7,621 units
Class A shares after transaction: 858,292 shares
+5 more
8 metrics
Tax-withheld shares
3,891 shares
Class A shares withheld for taxes on June 1, 2026
RSUs vested
7,621 units
Restricted share units vested on June 1, 2026
Class A shares after transaction
858,292 shares
Direct Class A holdings following tax withholding
Unsettled RSUs
288,806 shares
Shares to be delivered upon RSU settlement, subject to service
Class B underlying shares
3,411,001 shares
Class B and LP units exchangeable 1:1 into Class A
Options at $4.83
1,000,000 shares
Stock options, exercise price $4.83, expiring March 29, 2028
Options at $11.77
409,271 shares
Stock options, exercise price $11.77, expiring March 31, 2030
Options at $9.63
81,319 shares
Stock options, exercise price $9.63, expiring March 27, 2029
Key Terms
restricted share units ("RSUs"), tax-withholding disposition, Class B common stock, Stock Options, +2 more
6 terms
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition","transaction_code_description": "Payment of exercise price or tax liability by delivering securities""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Class B common stock financial
"Each share of Class B common stock entitles its holder to one vote per share on all matters submitted to a vote"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Stock Options financial
""security_title": "Stock Options","transaction_type": "holding""
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.
vests over three years financial
"This option vests over three years from March 1, 2024, with 1/3 vesting on the each of the first three anniversaries"
redeemable or exchangeable financial
"such LP Units are redeemable or exchangeable, on a one-for-one basis, for shares of Class A common stock."
FAQ
What did Galaxy Digital (GLXY) disclose about Christopher Ferraro’s latest Form 4?
Galaxy Digital reported equity compensation activity for President and CIO Christopher Ferraro. 7,621 RSUs vested and some Class A shares were withheld for taxes, while he retained a substantial direct and derivative position in the company’s stock.
What RSU position does Christopher Ferraro have at Galaxy Digital (GLXY)?
The filing notes that Ferraro’s Class A holdings include 288,806 shares to be delivered upon settlement of restricted share units. These RSUs remain subject to continued service and vesting dates, meaning the underlying shares are not yet fully delivered to him.
What stock options does Christopher Ferraro hold in Galaxy Digital (GLXY)?
Ferraro holds stock options over Class A shares with different exercise prices and expirations. These include options over 1,000,000 shares at $4.83, 409,271 shares at $11.77, and 81,319 shares at $9.63, expiring between 2028 and 2030.
What is the significance of Galaxy Digital (GLXY) Class B common stock in this Form 4?
The filing shows Ferraro linked to 3,411,001 underlying Class A shares via Class B common stock and related LP units. Each LP unit is redeemable or exchangeable one-for-one into Class A shares, with each Class B share carrying one vote on stockholder matters.