Galaxy Digital (GLXY) COO has shares withheld to cover RSU taxes

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Brown Erin Elizabeth

(Last) (First) (Middle)

C/O GALAXY DIGITAL INC.

300 VESEY STREET

(Street)

NEW YORK NY 10282

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Galaxy Digital Inc. [ GLXY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/02/2026		F		55,433(1)	D	$20.59	240,152(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

2. 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.

Remarks:

	/s/ Frances Fuqua, Attorney-in-Fact for Erin Brown	03/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many Galaxy Digital (GLXY) shares were involved in the tax withholding?

The filing shows 55,433 Class A common shares were withheld to cover taxes. This occurred upon vesting of 125,124 restricted stock units on March 2, 2026, using a transaction price of $20.59 per share for the tax-withholding disposition.

How many Galaxy Digital (GLXY) shares does Erin Elizabeth Brown own after the transaction?

After the tax-withholding disposition, Erin Elizabeth Brown beneficially owned 240,152 Galaxy Digital Class A shares. This total includes 170,461 shares that will be delivered in the future upon settlement of restricted stock units, subject to continued service and vesting.

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.