Galaxy Digital Inc. (GLXY) director awarded 34,086 DSUs and buys 5,100 shares
Rhea-AI Filing Summary
Galaxy Digital Inc. director Steven John Bandrowczak reported acquiring Class A Common Stock through both an equity award and an open-market purchase. On August 6, 2026, he received a grant of 34,086 deferred share units (DSUs), each representing one share of Class A Common Stock, subject to vesting and continued service. Portions of this award are scheduled to vest in tranches between June 15, 2027 and September 1, 2030. On August 10, 2026, he also purchased 5,100 shares of Class A Common Stock at $19.63 per share in an open-market or private transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 39,186 shares
Net Buy
2 txns
Insider
BANDROWCZAK STEVEN JOHN
Role
Director
Bought
5,100 shs ($100K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock F3 | 5,100 | $19.63 | $100K |
| Grant/Award | Class A Common Stock F1, F2, F3 | 34,086 | -- | -- |
Holdings After Transaction:
Class A Common Stock — 39,186 shares (Direct)
Footnotes (3)
- F1. Deferred share unit ("DSU") awards were granted on August 6, 2026 where 7,866 shares are scheduled to vest on June 15, 2027, 6,555 shares are scheduled to vest on September 1, 2027, 6,555 shares are scheduled to vest on September, 1, 2028, 6,555 shares are scheduled to vest on September 1, 2029 and 6,555 shares are scheduled to vest on September 1, 2030. The DSU awards, in each case, are subject to continued service through the applicable vesting date.
- F2. Each DSU represents the right to receive one share of the Company's Class A Common Stock.
- F3. Includes 34,086 shares of Class A Common Stock to be delivered in settlement of DSU awards. The DSU awards, in each case, are subject to continued service through the applicable vesting date.
Key Figures
Open-market purchase: 5,100 shares
Purchase price: $19.63 per share
DSU grant size: 34,086 DSUs
+2 more
5 metrics
Open-market purchase
5,100 shares
Class A Common Stock purchased on August 10, 2026
Purchase price
$19.63 per share
Price for 5,100-share Class A Common Stock purchase on August 10, 2026
DSU grant size
34,086 DSUs
Deferred share unit award granted on August 6, 2026
First vesting tranche
7,866 shares
DSUs scheduled to vest on June 15, 2027
Subsequent vesting tranches
6,555 shares each
DSUs scheduled to vest on Sept 1, 2027, 2028, 2029, and 2030
Key Terms
Deferred share unit, DSU awards, vesting date
3 terms
DSU awards financial
"The DSU awards, in each case, are subject to continued service"
vesting date financial
"subject to continued service through the applicable vesting date"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did GLXY grant to Steven Bandrowczak in this Form 4?
Galaxy Digital Inc. granted Steven John Bandrowczak 34,086 deferred share units (DSUs) on August 6, 2026. Each DSU represents the right to receive one share of the company’s Class A Common Stock, subject to vesting and continued service conditions.
How are Steven Bandrowczak’s GLXY DSU awards scheduled to vest?
The 34,086 DSUs are scheduled to vest in tranches: 7,866 shares on June 15, 2027, and 6,555 shares on each of September 1, 2027, September 1, 2028, September 1, 2029, and September 1, 2030, subject to continued service.
What does each DSU granted to Steven Bandrowczak by GLXY represent?
Each deferred share unit (DSU) granted to Steven John Bandrowczak represents the right to receive one share of Class A Common Stock of Galaxy Digital Inc., to be delivered upon settlement, subject to the specified vesting conditions.
Are Steven Bandrowczak’s GLXY DSU awards subject to service conditions?
Yes. The filing states that the DSU awards are, in each case, subject to continued service through the applicable vesting date, meaning vesting and eventual share delivery depend on ongoing service until each vesting milestone.