Galaxy Digital (GLXY) exec buys 50K shares via options
Rhea-AI Filing Summary
Galaxy Digital Inc. (GLXY) reports that President and CIO Christopher C. Ferraro exercised 50,000 stock options on 2026-08-18 at an exercise price of $4.83 per share, acquiring 50,000 shares of Class A common stock for cash. Following this exercise, he holds 958,292 Class A shares directly, which includes 288,806 shares to be delivered upon settlement of restricted stock units, subject to continued service through vesting dates. He also continues to hold vested and unvested options over additional Class A shares and 3,411,001 shares of Class B common stock that are linked one-for-one to LP Units exchangeable for Class A common stock.
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Insights
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Insider Trade Summary
Net Buyer: 50,000 shares
Net Buy
5 txns
Insider
Ferraro Christopher C
Role
President and CIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options F3 | 50,000 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1, F2 | 50,000 | $4.83 | $242K |
| holding | Stock Options F4 | -- | -- | -- |
| holding | Stock Options F5 | -- | -- | -- |
| holding | Class B Common Stock F6 | -- | -- | -- |
Holdings After Transaction:
Stock Options — 1,390,590 shares (Direct);
Class A Common Stock — 958,292 shares (Direct);
Class B Common Stock — 3,411,001 shares (Direct)
Footnotes (6)
- F1. Represents shares of Class A common stock acquired with cash upon the exercise of 50,000 stock options now held.
- F2. Includes 288,806 shares of Class A common stock to be delivered in settlement of restricted stock units, subject to continued service through the applicable vesting date.
- F3. These options are vested and exercisable until March 29, 2028.
- F4. 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.
- F5. 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.
- F6. 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 will be 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
Options exercised: 50,000 shares
Exercise price: $4.83 per share
Class A shares held after transaction: 958,292 shares
+4 more
7 metrics
Options exercised
50,000 shares
Stock options exercised into Class A common stock on 2026-08-18
Exercise price
$4.83 per share
Cash exercise price for 50,000 stock options into Class A common stock
Class A shares held after transaction
958,292 shares
Direct Class A common stock holdings following the reported transactions
RSU-related Class A shares
288,806 shares
Class A shares to be delivered upon settlement of restricted stock units, subject to vesting
Options at $9.63
81,319 underlying shares
Stock options on Class A common stock at $9.63, expiring March 27, 2029
Options at $11.77
409,271 underlying shares
Stock options on Class A common stock at $11.77, expiring March 31, 2030
Class B common stock / LP Units
3,411,001 shares / units
Class B shares tied one-for-one to LP Units exchangeable for Class A common stock
Key Terms
restricted stock units, vested and exercisable, Class B common stock, LP Units, +1 more
5 terms
restricted stock units financial
"Includes 288,806 shares of Class A common stock to be delivered in settlement of 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.
vested and exercisable financial
"These options are vested and exercisable until March 29, 2028."
Class B common stock financial
"Each share of Class B common stock entitles its holder to one vote per share"
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.
LP Units financial
"The number of issued and outstanding shares of Class B common stock will be equal to the number of issued and outstanding LP Units"
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 GLXY executive Christopher Ferraro report in this Form 4 transaction?
Christopher C. Ferraro reported exercising 50,000 stock options of Galaxy Digital Inc. (GLXY), acquiring 50,000 Class A shares at an exercise price of $4.83 per share. The options were fully vested and were exercised for cash, increasing his direct Class A holdings.
At what price were Christopher Ferraro’s GLXY stock options exercised?
Ferraro exercised 50,000 stock options at an exercise price of $4.83 per share for Galaxy Digital Inc. (GLXY) Class A common stock. The filing states these shares were acquired with cash upon exercise of the options, which were already vested and exercisable until March 29, 2028.
What remaining GLXY stock options does Christopher Ferraro hold after this Form 4?
Ferraro continues to hold options over 81,319 Class A shares at an exercise price of $9.63 expiring March 27, 2029, and options over 409,271 Class A shares at $11.77 expiring March 31, 2030, all subject to their described multi-year vesting schedules.
What GLXY Class B holdings linked to LP Units does Christopher Ferraro report?
He reports 3,411,001 shares of Class B common stock, corresponding to the same number of LP Units of Galaxy Digital Holdings LP. These LP Units are redeemable or exchangeable one-for-one for GLXY Class A common stock, and each Class B share entitles the holder to one vote.
Do Christopher Ferraro’s GLXY holdings include restricted stock units (RSUs)?
Yes. His reported 958,292 Class A shares include 288,806 shares that will be issued upon settlement of restricted stock units. These RSUs are subject to Ferraro’s continued service through the relevant vesting dates, as specified in the footnote to the ownership line.
AI-generated analysis. How Rhea-AI works. Not financial advice.
