Galaxy Digital CAO sells 19K shares after option exercise
Galaxy Digital Inc. Chief Accounting Officer Rico Robert Daniel reported an exercise-and-sale transaction in Class A common stock.
Rhea-AI Filing Summary
Galaxy Digital Inc. Chief Accounting Officer Rico Robert Daniel reported an exercise-and-sale transaction in Class A common stock. He exercised stock options to acquire 12,000 shares at an exercise price of $4.83 per share and sold 19,000 shares in open-market transactions at a weighted average price of $34.224 per share, with individual sale prices ranging from $34.19 to $34.27. After these transactions, he directly holds 44,934 shares of Class A common stock. Footnotes indicate an additional 11,797 shares are scheduled to be delivered upon vesting of restricted share units, and 710 stock options remain vested and exercisable until March 29, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Rico Robert Daniel
Role
Chief Accounting Officer
Sold
19,000 shs ($650K)
Approx. gross sale proceeds
$650K
Approx. exercise cost
$58K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 12,000 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 12,000 | $4.83 | $58K |
| Sale | Class A Common Stock | 19,000 | $34.224 | $650K |
Holdings After Transaction:
Stock Options — 710 contracts (Direct);
Class A Common Stock — 44,934 shares (Direct)
Footnotes (3)
- F1. Includes 11,797 shares of Class A common stock to be delivered in settlement of restricted share units, subject to continued service through the applicable vesting date.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.19 to $34.27 per share, inclusive. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. These options are vested and exercisable until March 29, 2028.
Key Figures
Shares sold: 19,000 shares
Sale price (weighted average): $34.224 per share
Options exercised: 12,000 shares
+4 more
7 metrics
Shares sold
19,000 shares
Class A common stock sold in open-market transactions
Sale price (weighted average)
$34.224 per share
Weighted average sale price; trades between $34.19 and $34.27
Options exercised
12,000 shares
Class A common stock acquired via option exercise
Option exercise price
$4.83 per share
Strike price for exercised stock options
Shares held after transaction
44,934 shares
Direct Class A common stock ownership post-transaction
Unvested RSU-related shares
11,797 shares
Class A shares to be delivered upon RSU vesting
Remaining options
710 options
Stock options vested and exercisable until March 29, 2028
Key Terms
restricted share units, weighted average price, stock options, open-market sale, +1 more
5 terms
weighted average price financial
"The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
stock options financial
"These options are vested and exercisable until March 29, 2028."
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Galaxy Digital (GLXY) report for Rico Robert Daniel?
Galaxy Digital’s Chief Accounting Officer Rico Robert Daniel exercised options for 12,000 Class A shares and sold 19,000 shares in open-market trades. These actions combined an option exercise with a net sale of existing holdings on the same date.
What was the option exercise detail for Galaxy Digital (GLXY) stock?
The insider exercised stock options covering 12,000 Galaxy Digital Class A shares at an exercise price of $4.83 per share. These options were vested and exercisable, and the related derivative position decreased after the exercise.
Was the Galaxy Digital (GLXY) insider transaction a net buy or net sell?
Overall, the activity was a net sale. The insider exercised options for 12,000 shares but sold 19,000 shares, resulting in a net reduction of 7,000 shares in his directly held Class A common stock position.
AI-generated analysis. How Rhea-AI works. Not financial advice.
