Equity grant gives Galaxy Digital (GLXY) president 174K RSUs

Rhea-AI Filing Summary

Galaxy Digital Inc. President and CIO Christopher C. Ferraro reported an equity award of 174,262 restricted stock units (RSUs) of Class A common stock on February 3, 2026. Each RSU converts into one Class A share upon vesting, with future vesting tied to continued service.

After this award, Ferraro beneficially owned 862,183 Class A shares, including 444,297 shares to be delivered upon settlement of previously granted RSUs. He also holds stock options covering 81,319, 1,000,000 and 409,271 Class A shares at exercise prices of $9.63, $4.83 and $11.77 respectively, plus 3,411,001 Class B shares that are exchangeable on a one-for-one basis for Class A shares.

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

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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 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)
	President and CIO

3. Date of Earliest Transaction (Month/Day/Year)
02/03/2026

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	02/03/2026		A		174,262(1)	A	(2)	862,183(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	$9.63(4)							(5)	03/27/2029	Class A Common Stock	81,319		81,319	D
Stock Options	$4.83(4)							(6)	03/29/2028	Class A Common Stock	1,000,000		1,000,000	D
Stock Options	$11.77(4)							(7)	03/31/2030	Class A Common Stock	409,271		409,271	D
Class B Common Stock	(8)							(8)	(8)	Class A Common Stock	3,411,001		3,411,001	D

Explanation of Responses:

1. Represents 174,262 shares of Class A common stock issuable upon the vesting of restricted stock units ("RSUs").

2. Each RSU represents the right to receive one share of the Company's Class A common stock.

3. Includes 444,297 shares of Class A common stock to be delivered in settlement of RSUs. An RSU award was granted on March 29, 2023 where 57,987 are scheduled to vest on March 1, 2026. An RSU award was granted on March 27, 2024 where 59,400 are scheduled to vest on March 1, 2026 and 61,200 are scheduled to vest on March 1, 2027. 91,448 RSUs were granted on March 31, 2025 where 30,483 are scheduled to vest on March 1, 2026 and the remainder are scheduled to vest in eight equal quarterly installments thereafter. 174,262 RSUs were granted on February 3, 2026, where 57,506 are scheduled to vest on March 1, 2027 and the remainder are scheduled to vest in eight equal quarterly installments thereafter. The RSU awards, in each case, are subject to continued service through the applicable vesting date.

4. The exercise price is reported here in US dollars, and was previously reported on the Form 3 in Canadian dollars.

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, 2023, 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. 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.

8. Each share of Class B common stock will entitle its holder to one vote per share on all matters submitted to a vote of the issuer's stockholders. Initially, the issuer expects that 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 GDH LP not held by the issuer or one of its subsidiaries, and that such LP Units will be redeemable or exchangeable, on a one-for-one basis, for shares of Class A Common Stock.

Remarks:

Exhibits - Exhibit 24 - Power of Attorney

	/s/ Frances Fuqua, Attorney-in-Fact for Christopher Ferraro	02/05/2026
	** Signature of Reporting Person	Date
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FAQ

What did Galaxy Digital (GLXY) disclose about Christopher Ferraro’s latest equity award?

Galaxy Digital reported that President and CIO Christopher C. Ferraro received 174,262 restricted stock units of Class A common stock. Each RSU converts into one share upon vesting, adding to his existing equity-based compensation and aligning his interests with long-term shareholder value.

How many Galaxy Digital (GLXY) Class A shares does Christopher Ferraro beneficially own after this Form 4?

After the reported transaction, Christopher Ferraro beneficially owned 862,183 Class A shares. This figure includes 444,297 shares to be delivered upon settlement of previously granted RSUs, reflecting both currently held stock and stock scheduled to be issued as awards vest.

What are the key terms of Christopher Ferraro’s stock options in Galaxy Digital (GLXY)?

Ferraro holds stock options over 81,319, 1,000,000 and 409,271 Class A shares with exercise prices of $9.63, $4.83 and $11.77. These options vest over three years from March 1, 2023, 2024 and 2025, subject to his continued service with the company.

How do Christopher Ferraro’s restricted stock units (RSUs) in Galaxy Digital (GLXY) vest?

The RSUs, including the 174,262 awarded on February 3, 2026, vest on specific future dates, such as March 1, 2026 and March 1, 2027, with portions vesting in equal quarterly installments thereafter. All vesting is conditioned on Ferraro’s continued service through each applicable vesting date.

What is the significance of Christopher Ferraro’s Class B shares in Galaxy Digital (GLXY)?

Ferraro holds 3,411,001 Class B common shares, each carrying one vote per share. The issuer expects these Class B shares to mirror certain LP units that are redeemable or exchangeable on a one-for-one basis into Class A common stock, linking them directly to the Class A equity structure.

What role does Christopher Ferraro hold at Galaxy Digital (GLXY) according to this Form 4?

The filing identifies Christopher C. Ferraro as an officer of Galaxy Digital, serving as President and Chief Investment Officer. His position and the detailed equity awards disclosed highlight his central leadership role and long-term compensation structure within the company.