Galaxy Digital COO has 1,951 shares withheld
Galaxy Digital’s COO had shares withheld to cover taxes on RSU vesting, with 236,250 Class A shares reported as directly held afterward.
Rhea-AI Filing Summary
Galaxy Digital Inc. (GLXY) reported that Chief Operating Officer Erin Elizabeth Brown had 1,951 shares of Class A Common Stock withheld on September 1, 2026 to pay tax liabilities upon vesting of restricted stock units. After this tax-withholding disposition, she directly holds 236,250 shares of Class A Common Stock, including shares to be delivered upon future RSU vesting, and no Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 1,951 shares
Tax Withholding
1 txn
Insider
Brown Erin Elizabeth
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2 | 1,951 | $24.60 | $48K |
Holdings After Transaction:
Class A Common Stock — 236,250 shares (Direct)
Footnotes (2)
- F1. Represents 1,951 shares of Class A common stock withheld for taxes upon the vesting of 4,403 restricted stock units ("RSUs") on September 1, 2026.
- F2. Includes 161,655 shares of Class A common stock to be delivered in settlement of RSUs, subject to continued service through the applicable vesting date.
Key Figures
Shares withheld for taxes: 1,951 shares
Price per share for tax withholding: $24.60 per share
Shares held after transaction: 236,250 shares
+2 more
5 metrics
Shares withheld for taxes
1,951 shares
Class A Common Stock withheld on September 1, 2026 to pay tax liabilities on RSU vesting
Price per share for tax withholding
$24.60 per share
Valuation used for the 1,951 withheld Class A shares
Shares held after transaction
236,250 shares
Direct Class A Common Stock holdings of COO after the September 1, 2026 transaction
RSUs vested on September 1, 2026
4,403 RSUs
Restricted stock units that vested for the COO on September 1, 2026
Shares to be delivered from RSUs
161,655 shares
Class A shares to be delivered upon settlement of RSUs, subject to continued service
Key Terms
restricted stock units, Class A Common Stock, withheld for taxes, vesting date, +1 more
5 terms
restricted stock units financial
"Represents 1,951 shares of Class A common stock withheld for taxes upon the vesting of 4,403 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.
Class A Common Stock financial
"Represents 1,951 shares of Class A common stock withheld for taxes"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
withheld for taxes financial
"Represents 1,951 shares of Class A common stock withheld for taxes upon the vesting of 4,403 restricted stock units"
vesting date financial
"subject to continued service through the applicable vesting date"
RSUs financial
"to be delivered in settlement of RSUs, subject to continued service"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
FAQ
What insider transaction did Galaxy Digital Inc. (GLXY) report for its COO?
Galaxy Digital reported that COO Erin Elizabeth Brown had 1,951 Class A shares withheld on September 1, 2026 to pay tax liabilities upon vesting of restricted stock units.
Was the Galaxy Digital (GLXY) insider transaction under a Rule 10b5-1 trading plan?
No. The filing indicates no Rule 10b5-1 trading plan is reported in connection with this tax-withholding transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.