Galaxy Digital Inc. — Director's Dealing 2025

Oct 14, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Galaxy Digital Inc. (GLXY)
CIK: 0001859392
Period of Report: 2025-10-10

Reporting Person: Novogratz Michael (Director, Chief Executive Officer, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-10-10	Class A Common Stock	C	2477055	—	Acquired	2477055	Indirect
2025-10-10	Class A Common Stock	S	2477055	$36	Disposed	0	Indirect
2025-10-10	Class A Common Stock	S	522945	$36	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-10-10	Class B Common Stock	$	C	2477055	Disposed		Class A Common Stock (2477055)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	348921	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$11.77	2030-03-31	Class A Common Stock (409271)	409271	Direct

Footnotes

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.