AI assistant
Galaxy Digital Inc. — Director's Dealing 2025
May 15, 2025
30479_dirs_2025-05-15_9c6e0a7c-5819-4dfc-a694-0aed43ce47f1.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Galaxy Digital Inc. (GLXY)
CIK: 0001859392
Period of Report: 2025-05-15
Reporting Person: Novogratz Michael (Director, Chief Executive Officer, 10% Owner)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 348921 | Direct |
| Class A Common Stock | 522945 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options | $16.45 | 2030-03-31 | Class A Common Stock (409271) | Direct | |
| Class B Common Stock | $ | Class A Common Stock (205096000) | Indirect |
Footnotes
F1: 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.
F2: Includes 522,945 Class A common shares held indirectly by Novofam Macro LLC.
F3: 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.
F4: Conversion or Exercise price(s) represent Canadian Dollars.
F5: 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.