[Form 4] Galaxy Digital Inc. Insider Trading Activity
Rhea-AI Filing Summary
Galaxy Digital Inc. Chief Accounting Officer Rico Robert Daniel reported a mix of option exercise and share sale in Class A common stock. He exercised stock options to acquire 12,000 shares at an exercise price of $4.83 per share and sold 19,000 shares in an open-market transaction at a weighted average price of $31.623 per share, with individual trades ranging from $31.59 to $31.68. After these transactions, he directly holds 51,934 shares of Class A common stock, plus 11,797 additional shares scheduled for delivery upon vesting of restricted share units, and 12,710 vested stock options that remain exercisable until March 29, 2028.
Positive
- None.
Negative
- None.
Insights
Routine option exercise paired with a net sale, with sizable holdings retained.
Rico Robert Daniel, Chief Accounting Officer of Galaxy Digital Inc., exercised options for 12,000 Class A shares at an exercise price of $4.83 and sold 19,000 shares at a weighted average of $31.623 per share.
The pattern reflects an exercise-and-sell sequence, converting part of an option position into cash while keeping equity exposure. After the trades, he holds 51,934 shares, 11,797 RSU-settled shares, and 12,710 vested options exercisable until March 29, 2028.
The transactions represent a net share reduction, but with substantial remaining ownership and no indication of a special plan or unusual event in the excerpt, they appear consistent with routine liquidity and compensation management rather than a thesis-changing signal.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 12,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 12,000 | $4.83 | $58K |
| Sale | Class A Common Stock | 19,000 | $31.623 | $601K |
Footnotes (1)
- Includes 11,797 shares of Class A common stock to be delivered in settlement of restricted share units, subject to continued service through the applicable vesting date. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.59 to $31.68 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. These options are vested and exercisable until March 29, 2028.