Galaxy Digital SEC Filings

Galaxy Digital director Rhonda Adams-Medina executed both an option-related acquisition and an open-market sale on 09/03/2025. She acquired 150,000 shares via an instrument priced at $4.05, and sold 67,500 Class A shares in multiple transactions at a weighted average of $24.50 per share. After these reported changes, she beneficially owns 145,386 Class A shares directly. The acquisition includes 62,886 shares to be delivered on settlement of deferred stock unit awards that remain subject to continued service through their vesting dates. An associated option (150,000 shares, $4.05 exercise price) is noted as vested and exercisable through 11/16/2025.

Galaxy Digital Inc. (GLXY) Form 144 notice: A filer notified the SEC of a proposed sale of 67,500 Class A shares through Fidelity Brokerage Services LLC on 09/03/2025 with an aggregate market value of $1,653,774.00. The filing lists 172,401,243 shares outstanding for the class. The shares were reported as acquired under an option granted on 11/16/2020 with acquisition and payment dated 09/03/2025 and payment described as cash. The filer reports "Nothing to Report" for securities sold in the past three months and includes the standard attestation that no undisclosed material adverse information is known.

Galaxy Helios I entered a $1,400,000,000 senior secured term loan facility that matures on August 15, 2028. Borrowings carry interest based on one‑month Term SOFR with a 250 basis‑point floor plus a 4.75% margin, and the facility includes customary upfront, undrawn and termination fees and a prepayment premium. The loan is secured by all assets of Galaxy Helios I and its equity interests and is not secured by Galaxy Digital’s assets. Galaxy Digital Holdings LP provided customary completion and limited recourse carve‑out guarantees. The agreement imposes customary restrictions on activities, contains events of default, and requires a minimum debt service coverage ratio of 1.40 after Stabilization and a maximum loan‑to‑cost ratio of 80% until Stabilization. The summary above is based solely on the disclosed Credit Agreement terms.

Galaxy Digital announced that Matt Friedrich, age 59, will join as Chief Legal Officer effective September 8, 2025. Mr. Friedrich previously served as General Counsel of Cognizant Technology Solutions from May 2017 to January 2021, as Chief Legal Officer of UnitedHealth Group from January 2021 to March 2021, and worked as a legal consultant to Lynch Regenerative Medicine, LLC and TechCatalyst LLC from November 2024 through August 2025.

The company also disclosed that current General Counsel Andrew Siegel will leave the firm on or about September 12, 2025 to assume a public policy role; the terms of his separation will be disclosed when finalized. A company press release is attached as Exhibit 99.1.

The filing notifies a proposed sale of 187,000 Class A common shares through Goldman Sachs & Co. LLC with an aggregate market value of $5,325,760, showing an approximate sale date of 08/11/2025. The shares were acquired on 08/01/2025 upon an option exercise from Galaxy Digital Inc. The document also lists three sales in the prior three months by Damien Vanderwilt totaling 463,000 shares for gross proceeds of $1,016,500. The filing provides transaction dates, quantities, and proceeds but does not state the seller name explicitly for the proposed 187,000-share sale in the top section.

Galaxy Digital director Richard Tavoso reported a deferred share unit (DSU) award of 5,419 granted on 08/06/2025 that is scheduled to vest on June 15, 2026 and is subject to continued service; each DSU represents the right to receive one Class A share. The filing states 62,886 Class A shares are to be delivered in settlement of DSU awards. On 08/07/2025 he made a bona-fide charitable gift of 25,000 Class A shares to a donor-advised fund. On 08/08/2025 he sold 50,000 Class A shares for a weighted average price of $28.28 per share (sales ranged $28.20–$28.32). The filing also shows 400,000 shares held indirectly by SixTav Ventures, LLC and other reported beneficial ownership figures of 187,886 and 162,886 shares.

The Form 4 reports that Galaxy Digital director Richard Tavoso transferred Class A common stock between his personal holdings and a family entity. On 05/16/2025 he contributed 500,000 shares to SixTav Ventures, LLC, which the filing states is wholly owned by the reporting person and his spouse, and on 05/21/2025 he contributed 50,000 shares back into his direct ownership. The filing shows direct beneficial ownership of 182,467 shares following the reported transactions and indirect ownership of 450,000 shares held by SixTav Ventures, LLC. These entries are internal reallocations between affiliated accounts rather than open-market sales and therefore do not change the household's aggregate economic interest in the issuer.