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Galaxy Digital (GLXY) CAO faces 4,383-share tax withholding from RSU vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Galaxy Digital Inc. Chief Accounting Officer Rico Robert Daniel reported a tax-withholding disposition of 4,383 shares of Class A Common Stock at $20.59 per share on March 2, 2026. These shares were withheld to cover taxes on the vesting of 12,153 restricted stock units. After this transaction, he held 59,095 shares, including 12,242 shares to be delivered upon future RSU vesting, subject to continued service.

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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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Rico Robert Daniel

(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 Accounting 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 4,383(1) D $20.59 59,095(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 12,153 restricted stock units ("RSUs") on March 2, 2026.
2. Includes 12,242 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 Robert Daniel Rico 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Rico Robert Daniel?

Galaxy Digital reported that Chief Accounting Officer Rico Robert Daniel had 4,383 Class A Common shares withheld to cover taxes. The withholding occurred when 12,153 restricted stock units vested on March 2, 2026, and was not an open-market sale.

Was the GLXY insider transaction by Rico Robert Daniel a sale of shares?

The GLXY transaction was a tax-withholding disposition, not an open-market sale. 4,383 shares of Class A Common Stock were withheld to satisfy tax obligations triggered by the vesting of 12,153 restricted stock units on March 2, 2026.

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

A total of 4,383 shares of Galaxy Digital Class A Common Stock were withheld for taxes. The implied value used was $20.59 per share, applied when 12,153 restricted stock units vested for Chief Accounting Officer Rico Robert Daniel.

How many Galaxy Digital (GLXY) shares does Rico Robert Daniel hold after the transaction?

After the tax-withholding disposition, Rico Robert Daniel reported holding 59,095 Class A Common shares. This figure includes 12,242 shares to be delivered later upon settlement of restricted stock units, contingent on his continued service through each vesting date.

What triggered the tax-withholding share disposition at Galaxy Digital (GLXY)?

The share disposition was triggered by the vesting of 12,153 restricted stock units on March 2, 2026. To cover related tax obligations, 4,383 Class A Common shares were withheld rather than sold on the open market by Chief Accounting Officer Rico Robert Daniel.

Do Rico Robert Daniel’s Galaxy Digital (GLXY) holdings include unvested RSUs?

His reported holdings include 12,242 Class A Common shares that will be delivered when associated restricted stock units settle. These shares remain subject to continued service requirements until each applicable vesting date, as disclosed in the filing’s footnotes.
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