Amar Alec 4
4 · Digi Power X Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Digi Power X (DGXX) President Amar Alec Sells 27,500 Shares
What Happened
- Amar Alec, President and Director of Digi Power X Inc. (DGXX), sold 27,500 shares on March 2, 2026. The transaction was reported as an open-market/private sale (code S) for a total of $78,650, reflecting a weighted average sale price of $2.86 per share.
Key Details
- Transaction date: March 2, 2026; Form 4 filed: March 3, 2026 (timely filing).
- Reported shares sold: 27,500; weighted average price: $2.86; total proceeds: $78,650.
- Trades were executed in multiple transactions at prices ranging from $2.64 to $2.96 (Footnote F1 explains the weighted average and availability of the detailed trade breakdown on request).
- The filing includes additional footnotes about options, RSUs, exercise-price currency conversions and vesting schedules (F2–F9), but this specific line reports a straight sale. The filing does not specify the insider’s remaining share count in the information you provided.
- Transaction type: Sale (S). No indication in the provided data of a 10b5‑1 plan, gift, or cashless exercise tied to this sale.
Context
- Sales by insiders can be routine (for cash needs, diversification, tax planning, etc.) and do not necessarily signal a change in company prospects; purchases are generally considered more informative about insider sentiment.
- The multiple-trade execution and weighted-average pricing mean the sale was split across several trades rather than a single block; the filer offers to provide the exact trade-by-trade details to the SEC or holders upon request.
Insider Transaction Report
Form 4
Amar Alec
DirectorPresident
Transactions
- Sale
Subordinate Voting Shares
[F1]2026-03-02$2.86/sh−27,500$78,650→ 1,368,949 total
Holdings
- 45,000(indirect: By LLC)
Subordinate Voting Shares
- 365,000
Employee stock option (right to buy)
[F2][F3][F4]Exercise: $1.53From: 2025-06-06Exp: 2030-06-06→ Subordinate Voting Shares - 300,000
Employee stock option (right to buy)
[F5][F3][F4]Exercise: $3.58From: 2025-11-19Exp: 2030-11-19→ Subordinate Voting Shares - 133,334
Restricted Stock Units
[F6][F3][F7]Exercise: $0.00→ Subordinate Voting Shares - 216,667
Restricted Stock Units
[F8][F3][F7]Exercise: $0.00→ Subordinate Voting Shares - 300,000
Restricted Stock Units
[F9][F3][F7]Exercise: $0.00→ Subordinate Voting Shares
Footnotes (9)
- [F1]This transaction was executed in multiple trades at prices ranging from $2.64 to $2.96. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F2]Represents an exercise price of $2.09 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3688 reported by the Bank of Canada on March 2, 2026.
- [F3]No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
- [F4]The options are fully vested.
- [F5]Represents an exercise price of $4.90 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3688 reported by the Bank of Canada on March 2, 2026.
- [F6]The remaining restricted stock units are scheduled to vest on February 9, 2027.
- [F7]Represents restricted stock units issued pursuant to Digi Power X Inc.'s Restricted Share Unit Plan. Each restricted stock unit represents a contingent right to receive one subordinate voting share of the issuer as of the vesting date.
- [F8]The restricted stock units are scheduled to vest in two equal annual installments beginning on December 1, 2026.
- [F9]The restricted stock units are scheduled to vest in three equal annual installments beginning on November 19, 2026.
Signature
/s/ Alec Amar|2026-03-03