4//SEC Filing
Novogratz Michael 4
Accession 0001380615-25-000012
CIK 0001859392other
Filed
Oct 13, 8:00 PM ET
Accepted
Oct 14, 4:39 PM ET
Size
13.4 KB
Accession
0001380615-25-000012
Insider Transaction Report
Form 4
Novogratz Michael
DirectorChief Executive Officer10% Owner
Transactions
- Conversion
Class B Common Stock
2025-10-10−2,477,055→ 192,115,103 total(indirect: By LLC)→ Class A Common Stock (2,477,055 underlying) - Conversion
Class A Common Stock
2025-10-10+2,477,055→ 2,477,055 total(indirect: By LLC) - Sale
Class A Common Stock
2025-10-10$36.00/sh−522,945$18,826,020→ 0 total(indirect: By LLC) - Sale
Class A Common Stock
2025-10-10$36.00/sh−2,477,055$89,173,980→ 0 total(indirect: By LLC)
Holdings
- 348,921
Class A Common Stock
- 409,271
Stock Options
Exercise: $11.77Exp: 2030-03-31→ Class A Common Stock (409,271 underlying)
Footnotes (4)
- [F1]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 is 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.
- [F2]The sale was in connection with a private placement pursuant to an investment agreement, dated October 10, 2025, in which the holder was a selling shareholder.
- [F3]Includes 302,609 shares of Class A Common Stock to be delivered in settlement of restricted share unit awards ("RSUs"). An RSU award was granted on March 27, 2024 where 99,000 are scheduled to vest on March 1, 2026 and 102,000 are scheduled to vest on March 1, 2027. 101,609 RSUs were granted on March 31, 2025 where 33,870 are scheduled to vest on March 1, 2026 and the remainder are scheduled to vest in equal quarterly installments thereafter (8 quarters). The RSU awards, in each case, are subject to continued service through the applicable vesting date.
- [F4]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.
Documents
Issuer
Galaxy Digital Inc.
CIK 0001859392
Entity typeother
Related Parties
1- filerCIK 0001380615
Filing Metadata
- Form type
- 4
- Filed
- Oct 13, 8:00 PM ET
- Accepted
- Oct 14, 4:39 PM ET
- Size
- 13.4 KB