AG˹ٷ

STOCK TITAN

[Form 4] Galaxy Digital Inc. Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

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.

Il direttore di Galaxy Digital, Richard Tavoso, ha comunicato un'assegnazione di unità di azioni differite (DSU) di 5,419 concesse il 6 agosto 2025, che dovrebbero maturare il 15 giugno 2026 e sono condizionate alla continuazione del servizio; ogni DSU corrisponde al diritto di ricevere una azione di Classe A. La comunicazione indica che 62,886 azioni di Classe A saranno consegnate a saldo delle assegnazioni DSU. Il 7 agosto 2025 ha effettuato una donazione benefica di buona fede di 25,000 azioni di Classe A a un fondo consigliato dal donatore. L'8 agosto 2025 ha venduto 50,000 azioni di Classe A a un prezzo medio ponderato di $28.28 per azione (vendite tra $28.20�$28.32). La comunicazione mostra inoltre 400,000 azioni detenute indirettamente da SixTav Ventures, LLC e altri valori di partecipazione effettiva segnalati di 187,886 e 162,886 azioni.

El director de Galaxy Digital, Richard Tavoso, informó una adjudicación de unidades de acciones diferidas (DSU) de 5,419 concedidas el 6 de agosto de 2025, que tienen previsto vencer el 15 de junio de 2026 y están sujetas a la continuación del servicio; cada DSU otorga el derecho a recibir una acción Clase A. El informe indica que se entregarán 62,886 acciones Clase A para liquidar las adjudicaciones DSU. El 7 de agosto de 2025 realizó una donación benéfica de buena fe de 25,000 acciones Clase A a un fondo asesorado por donantes. El 8 de agosto de 2025 vendió 50,000 acciones Clase A a un precio medio ponderado de $28.28 por acción (ventas entre $28.20�$28.32). El informe también muestra 400,000 acciones mantenidas de forma indirecta por SixTav Ventures, LLC y otros montos de propiedad beneficiaria reportados de 187,886 y 162,886 acciones.

Galaxy Digital 이사 Richard Tavoso� 연기 주식 단위(DSU) 5,419개를 2025� 8� 6일에 부여받았으�, 이는 2026� 6� 15�� 취득� 예정이고 계속 근무 조건� 적용된다� 보고했습니다; � DSU� 클래� A 보통� 1주를 받을 권리� 의미합니�. 제출 서류에는 DSU 정산� 위해 62,886� 클래� A가 인도� 예정이라� 나와 있습니다. 2025� 8� 7� 그는 기부� 자문� 기금� 25,000� 클래� A� 선의� 자선 기부� 전달했습니다. 2025� 8� 8� 그는 클래� A 50,000주를 주당 가중평� $28.28� 매도했으�(거래 범위 $28.20�$28.32), 제출 서류� 또한 SixTav Ventures, LLC가 간접 보유� 400,000주와 보고� 기타 실질� 소유지� 187,886� � 162,886주를 보여줍니�.

Le directeur de Galaxy Digital, Richard Tavoso, a déclaré une attribution d'unités d'actions différées (DSU) de 5,419 accordée le 6 août 2025, devant être acquise le 15 juin 2026 et soumise à la poursuite du service ; chaque DSU donne droit à une action de catégorie A. Le dépôt indique que 62,886 actions de catégorie A seront remises pour régler les attributions de DSU. Le 7 août 2025, il a effectué un don caritatif de bonne foi de 25,000 actions de catégorie A à un donor-advised fund. Le 8 août 2025, il a vendu 50,000 actions de catégorie A à un prix moyen pondéré de $28.28 par action (ventes entre $28.20�$28.32). Le dépôt montre également 400,000 actions détenues indirectement par SixTav Ventures, LLC et d'autres montants de participation bénéficiaire déclarés de 187,886 et 162,886 actions.

Der Direktor von Galaxy Digital, Richard Tavoso, meldete eine Zuteilung von Einheiten aufgeschobener Aktien (DSU) in Höhe von 5,419, gewährt am 6. August 2025, die am 15. Juni 2026 vesten sollen und an fortgesetzte Dienstleistung gebunden sind; jede DSU berechtigt zum Empfang einer Klasse-A-Aktie. Die Meldung weist aus, dass 62,886 Klasse-A-Aktien zur Abwicklung der DSU-Zuteilungen geliefert werden sollen. Am 7. August 2025 tätigte er eine bona-fide wohltätige Schenkung von 25,000 Klasse-A-Aktien an einen donor-advised fund. Am 8. August 2025 verkaufte er 50,000 Klasse-A-Aktien zu einem gewichteten Durchschnittspreis von $28.28 pro Aktie (Verkäufe lagen bei $28.20�$28.32). Die Meldung zeigt außerdem 400,000 Aktien, die indirekt von SixTav Ventures, LLC gehalten werden, sowie weitere gemeldete wirtschaftliche Beteiligungswerte von 187,886 und 162,886 Aktien.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine director compensation, a charitable gift, and a small open-market sale; appears immaterial absent broader disclosure.

The report shows a 5,419-unit DSU grant that vests in mid-2026, a 25,000-share charitable gift and a 50,000-share sale at a weighted average of $28.28. Each DSU equals one Class A share and 62,886 shares are noted as deliverable on settlement of DSUs. An indirect holding of 400,000 shares is disclosed via SixTav Ventures, LLC. These actions are common for governance and personal liquidity/charitable planning and, by themselves, do not indicate a material change to company fundamentals.

TL;DR: Transactions reflect director compensation and personal disposition of shares; ownership disclosures remain clear but show mixed direct/indirect positions.

The DSU award aligns long-term pay with shareholder value by converting compensation into a right to receive Class A shares upon vesting. The reported charitable gift of 25,000 shares and the sale of 50,000 shares are personal actions noted in the filing. The presence of 400,000 shares held indirectly by SixTav Ventures, LLC is disclosed, as are other direct beneficial ownership figures. These are routine governance disclosures; they require no immediate governance concern based solely on this filing.

Il direttore di Galaxy Digital, Richard Tavoso, ha comunicato un'assegnazione di unità di azioni differite (DSU) di 5,419 concesse il 6 agosto 2025, che dovrebbero maturare il 15 giugno 2026 e sono condizionate alla continuazione del servizio; ogni DSU corrisponde al diritto di ricevere una azione di Classe A. La comunicazione indica che 62,886 azioni di Classe A saranno consegnate a saldo delle assegnazioni DSU. Il 7 agosto 2025 ha effettuato una donazione benefica di buona fede di 25,000 azioni di Classe A a un fondo consigliato dal donatore. L'8 agosto 2025 ha venduto 50,000 azioni di Classe A a un prezzo medio ponderato di $28.28 per azione (vendite tra $28.20�$28.32). La comunicazione mostra inoltre 400,000 azioni detenute indirettamente da SixTav Ventures, LLC e altri valori di partecipazione effettiva segnalati di 187,886 e 162,886 azioni.

El director de Galaxy Digital, Richard Tavoso, informó una adjudicación de unidades de acciones diferidas (DSU) de 5,419 concedidas el 6 de agosto de 2025, que tienen previsto vencer el 15 de junio de 2026 y están sujetas a la continuación del servicio; cada DSU otorga el derecho a recibir una acción Clase A. El informe indica que se entregarán 62,886 acciones Clase A para liquidar las adjudicaciones DSU. El 7 de agosto de 2025 realizó una donación benéfica de buena fe de 25,000 acciones Clase A a un fondo asesorado por donantes. El 8 de agosto de 2025 vendió 50,000 acciones Clase A a un precio medio ponderado de $28.28 por acción (ventas entre $28.20�$28.32). El informe también muestra 400,000 acciones mantenidas de forma indirecta por SixTav Ventures, LLC y otros montos de propiedad beneficiaria reportados de 187,886 y 162,886 acciones.

Galaxy Digital 이사 Richard Tavoso� 연기 주식 단위(DSU) 5,419개를 2025� 8� 6일에 부여받았으�, 이는 2026� 6� 15�� 취득� 예정이고 계속 근무 조건� 적용된다� 보고했습니다; � DSU� 클래� A 보통� 1주를 받을 권리� 의미합니�. 제출 서류에는 DSU 정산� 위해 62,886� 클래� A가 인도� 예정이라� 나와 있습니다. 2025� 8� 7� 그는 기부� 자문� 기금� 25,000� 클래� A� 선의� 자선 기부� 전달했습니다. 2025� 8� 8� 그는 클래� A 50,000주를 주당 가중평� $28.28� 매도했으�(거래 범위 $28.20�$28.32), 제출 서류� 또한 SixTav Ventures, LLC가 간접 보유� 400,000주와 보고� 기타 실질� 소유지� 187,886� � 162,886주를 보여줍니�.

Le directeur de Galaxy Digital, Richard Tavoso, a déclaré une attribution d'unités d'actions différées (DSU) de 5,419 accordée le 6 août 2025, devant être acquise le 15 juin 2026 et soumise à la poursuite du service ; chaque DSU donne droit à une action de catégorie A. Le dépôt indique que 62,886 actions de catégorie A seront remises pour régler les attributions de DSU. Le 7 août 2025, il a effectué un don caritatif de bonne foi de 25,000 actions de catégorie A à un donor-advised fund. Le 8 août 2025, il a vendu 50,000 actions de catégorie A à un prix moyen pondéré de $28.28 par action (ventes entre $28.20�$28.32). Le dépôt montre également 400,000 actions détenues indirectement par SixTav Ventures, LLC et d'autres montants de participation bénéficiaire déclarés de 187,886 et 162,886 actions.

Der Direktor von Galaxy Digital, Richard Tavoso, meldete eine Zuteilung von Einheiten aufgeschobener Aktien (DSU) in Höhe von 5,419, gewährt am 6. August 2025, die am 15. Juni 2026 vesten sollen und an fortgesetzte Dienstleistung gebunden sind; jede DSU berechtigt zum Empfang einer Klasse-A-Aktie. Die Meldung weist aus, dass 62,886 Klasse-A-Aktien zur Abwicklung der DSU-Zuteilungen geliefert werden sollen. Am 7. August 2025 tätigte er eine bona-fide wohltätige Schenkung von 25,000 Klasse-A-Aktien an einen donor-advised fund. Am 8. August 2025 verkaufte er 50,000 Klasse-A-Aktien zu einem gewichteten Durchschnittspreis von $28.28 pro Aktie (Verkäufe lagen bei $28.20�$28.32). Die Meldung zeigt außerdem 400,000 Aktien, die indirekt von SixTav Ventures, LLC gehalten werden, sowie weitere gemeldete wirtschaftliche Beteiligungswerte von 187,886 und 162,886 Aktien.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Tavoso Richard

(Last) (First) (Middle)
C/O GALAXY DIGITAL INC.
300 VESEY STREET

(Street)
NEW YORK NY 10282

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Galaxy Digital Inc. [ GLXY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/06/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 08/06/2025 A 5,419(1) A (2) 187,886(3) D
Class A Common Stock 08/07/2025 G 25,000(4) D $0 162,886(3) D
Class A Common Stock 08/08/2025 S 50,000 D $28.28(5) 400,000 I Held by SixTav Ventures, LLC
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. A deferred share unit ("DSU") award was granted on August 6th, 2025 where 5,419 are scheduled to vest on June 15, 2026. The DSU award is subject to continued service through the vesting date.
2. Each DSU represents the right to receive one share of the Company's Class A Common Stock.
3. Includes 62,886 shares of Class A common stock to be delivered in settlement of DSU awards. The DSU awards, in each case, are subject to continued service through the applicable vesting date.
4. The shares of Class A common stock reported in this transaction represent a bona-fide charitable gift to a Donor Advised Fund.
5. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.20 to $28.32 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Remarks:
/s/ Francesca Don Angelo, Attorney-in-Fact for Richard Tavoso 08/08/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Richard Tavoso report for GLXY?

The filing reports a 5,419 DSU award (08/06/2025), a 25,000-share charitable gift (08/07/2025), and a 50,000-share sale (08/08/2025).

How many DSUs were granted and when do they vest?

A deferred share unit award of 5,419 was granted and is scheduled to vest on June 15, 2026, subject to continued service.

Did Tavoso sell any GLXY shares and at what price?

Yes; the filing reports a sale of 50,000 Class A shares for a weighted average price of $28.28 per share, with individual sale prices ranging from $28.20 to $28.32.

Did Tavoso make any gifts of GLXY shares?

Yes; the filing states a bona-fide charitable gift of 25,000 Class A shares to a donor-advised fund on 08/07/2025.

What beneficial ownership figures are disclosed in the filing?

The filing shows beneficial ownership figures including 187,886 and 162,886 shares and discloses 400,000 shares held indirectly by SixTav Ventures, LLC.
Galaxy Digital

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