Galaxy Digital president exercises 100,000 options

Ferraro’s reported post-exercise Class A holdings include 281,185 shares to be delivered in RSU settlement, subject to continued service.

Available on EDGAR 11/05/2026 - 04:32 PM EST Accepted by SEC EDGAR 11/05/2026 - 04:29 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Galaxy Digital Inc. President and CIO Christopher C. Ferraro exercised 100,000 stock options on November 5, 2026, at an exercise price of $4.83 per share, acquiring 100,000 Class A common shares. No Rule 10b5-1 plan is reported.

His reported Class A holdings after the exercise were 1,058,292 shares, including 281,185 shares to be delivered in settlement of RSUs, subject to continued service through applicable vesting dates. The report also lists options covering 81,319 Class A shares at $9.63, expiring March 27, 2029, and 409,271 shares at $11.77, expiring March 31, 2030, plus 3,411,001 directly held Class B shares.

Insider Trade Summary

100,000 shares exercised/converted

Exercise 2 txns

Insider Ferraro Christopher C

Role President and CIO

Type	Security	Shares	Price	Value
Exercise	Stock Options F4	100,000	$0.00	$0.00
Exercise	Class A Common Stock F1, F2, F3	100,000	$4.83	$483K
Holding	Stock Options F5	--	--	--
Holding	Stock Options F6	--	--	--
Holding	Class B Common Stock F7	--	--	--

Holdings After Transaction: Stock Options — 1,290,590 contracts for 490,590 underlying shares (Direct); Class A Common Stock — 1,058,292 shares (Direct); Class B Common Stock — 3,411,001 contracts (Direct)

Footnotes (7)

1. F1. Represents shares of Class A common stock acquired with cash upon the exercise of 100,000 stock options now held.
2. F2. Includes 281,185 shares of Class A common stock to be delivered in settlement of restricted stock units ("RSUs"), subject to continued service through the applicable vesting date.
3. F3. Each RSU represents the right to receive one share of Class A common stock.
4. F4. These options are vested and exercisable until March 29, 2028.
5. F5. 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.
6. F6. 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.
7. F7. 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

Stock options exercised: 100,000 options Exercise price: $4.83 per share Class A shares acquired: 100,000 shares +5 more

8 metrics

Stock options exercised 100,000 options November 5, 2026

Exercise price $4.83 per share Options exercised on November 5, 2026

Class A shares acquired 100,000 shares November 5, 2026

Class A holdings after transaction 1,058,292 shares Reported after the November 5, 2026 exercise

Shares for RSU settlement 281,185 shares Subject to continued service through the applicable vesting date

Options covering Class A shares 81,319 shares at $9.63 Expiration date: March 27, 2029

Options covering Class A shares 409,271 shares at $11.77 Expiration date: March 31, 2030

Direct Class B holdings 3,411,001 shares Reported after the November 5, 2026 transaction

Key Terms

restricted stock units (RSUs), LP Units, redeemable or exchangeable, vesting

4 terms

restricted stock units (RSUs) financial

"settlement of restricted stock units ("RSUs")"

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

LP Units financial

"outstanding LP Units of Galaxy Digital Holdings LP"

redeemable or exchangeable financial

"LP Units are redeemable or exchangeable, on a one-for-one basis"

vesting financial

"This option vests over three years from March 1, 2024"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many GLXY stock options did Christopher C. Ferraro exercise, and at what price?

Christopher C. Ferraro exercised 100,000 stock options on November 5, 2026, at $4.83 per share, acquiring 100,000 Class A common shares. No Rule 10b5-1 plan is reported.

What voting and exchange rights are associated with Christopher C. Ferraro’s GLXY Class B shares?

He reported direct holdings of 3,411,001 Class B shares. Each Class B share carries one vote, and the related LP Units are redeemable or exchangeable on a one-for-one basis for Class A common shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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^*

Ferraro Christopher C

(Last) (First) (Middle)

C/O GALAXY DIGITAL INC.

300 VESEY STREET

(Street)

NEW YORK NEW YORK 10282

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	President and CIO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	11/05/2026		M		100,000(1)	A	$4.83	1,058,292(2)(3)	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
Stock Options	$4.83	11/05/2026		M			100,000	(4)	03/29/2028	Class A Common Stock	100,000	$0	800,000	D
Stock Options	$9.63							(5)	03/27/2029	Class A Common Stock	81,319		81,319	D
Stock Options	$11.77							(6)	03/31/2030	Class A Common Stock	409,271		409,271	D
Class B Common Stock	(7)							(7)	(7)	Class A Common Stock	3,411,001		3,411,001	D

Explanation of Responses:

1. Represents shares of Class A common stock acquired with cash upon the exercise of 100,000 stock options now held.

2. Includes 281,185 shares of Class A common stock to be delivered in settlement of restricted stock units ("RSUs"), subject to continued service through the applicable vesting date.

3. Each RSU represents the right to receive one share of Class A common stock.

4. These options are vested and exercisable until March 29, 2028.

5. 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.

6. 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.

7. 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.

Remarks:

	/s/ Frances Fuqua, Attorney-in-Fact for Christopher Ferraro	11/05/2026
	** 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.
* Form 4: SEC 1474 (03-26)