Galaxy Digital (GLXY) COO has shares withheld to cover RSU taxes
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 Class A common stock tied to RSU vesting. On March 2, 2026, 55,433 shares were withheld at $20.59 per share to cover taxes on 125,124 vesting RSUs. After this, she beneficially owned 240,152 shares, including 170,461 shares to be delivered as remaining RSUs that vest only with continued service.
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 | 55,433 | $20.59 | $1.14M |
Holdings After Transaction:
Class A Common Stock — 240,152 shares (Direct)
Footnotes (1)
- Represents shares of Class A common stock withheld for taxes upon the vesting of 125,124 restricted stock units ("RSUs") on March 2, 2026. Includes 170,461 shares of Class A common stock to be delivered in settlement of RSUs, subject to continued service through the applicable vesting date.
FAQ
What insider transaction did Galaxy Digital (GLXY) report for Erin Elizabeth Brown?
Galaxy Digital reported that COO Erin Elizabeth Brown had 55,433 Class A shares withheld to cover taxes on RSU vesting. The March 2, 2026 transaction reflects a tax-withholding disposition, not an open-market sale, tied to 125,124 restricted stock units vesting.
Was the Galaxy Digital (GLXY) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld to satisfy tax obligations when 125,124 restricted stock units vested, using a price of $20.59 per Class A share on March 2, 2026.
What RSU details were disclosed in the Galaxy Digital (GLXY) Form 4?
The Form 4 notes 125,124 restricted stock units vested on March 2, 2026, triggering tax withholding. It also states 170,461 additional Class A shares are scheduled for future delivery upon RSU settlement, contingent on Brown’s continued service through the applicable vesting dates.
What does transaction code F mean in the Galaxy Digital (GLXY) Form 4?
Transaction code F indicates shares used to pay taxes or exercise costs. In this case, 55,433 Galaxy Digital Class A shares were withheld as a tax-withholding disposition when 125,124 restricted stock units vested for COO Erin Elizabeth Brown on March 2, 2026.