[Form 4] Galaxy Digital Inc. Insider Trading Activity
The Form 4 reports that Galaxy Digital director Richard Tavoso transferred Class A common stock between his personal holdings and a family entity. On 05/16/2025 he contributed 500,000 shares to SixTav Ventures, LLC, which the filing states is wholly owned by the reporting person and his spouse, and on 05/21/2025 he contributed 50,000 shares back into his direct ownership. The filing shows direct beneficial ownership of 182,467 shares following the reported transactions and indirect ownership of 450,000 shares held by SixTav Ventures, LLC. These entries are internal reallocations between affiliated accounts rather than open-market sales and therefore do not change the household's aggregate economic interest in the issuer.
Il Modulo 4 segnala che il direttore di Galaxy Digital Richard Tavoso ha trasferito azioni ordinarie di Classe A tra le sue partecipazioni personali e una entit脿 familiare. Il 05/16/2025 ha conferito 500,000 azioni a SixTav Ventures, LLC, che la dichiarazione indica essere interamente di propriet脿 del dichiarante e del coniuge, e il 05/21/2025 ha riportato 50,000 azioni nella sua propriet脿 diretta. Dopo le operazioni comunicate la dichiarazione mostra una propriet脿 diretta effettiva di 182,467 azioni e una propriet脿 indiretta di 450,000 azioni detenute da SixTav Ventures, LLC. Si tratta di riallocazioni interne tra conti affiliati, non di vendite sul mercato aperto, e pertanto non modificano l'interesse economico complessivo del nucleo familiare nell'emittente.
El Formulario 4 informa que el director de Galaxy Digital Richard Tavoso transfiri贸 acciones ordinarias Clase A entre sus tenencias personales y una entidad familiar. El 05/16/2025 补辫辞谤迟贸 500,000 acciones a SixTav Ventures, LLC, que la presentaci贸n indica que es propiedad total del declarante y su c贸nyuge, y el 05/21/2025 volvi贸 a trasladar 50,000 acciones a su propiedad directa. Tras las operaciones comunicadas, la presentaci贸n muestra una tenencia directa beneficiaria de 182,467 acciones y una tenencia indirecta de 450,000 acciones en manos de SixTav Ventures, LLC. Estas anotaciones son reasignaciones internas entre cuentas afiliadas, no ventas en el mercado abierto, por lo que no alteran el inter茅s econ贸mico agregado del hogar en el emisor.
Form 4電� Galaxy Digital 鞚挫偓 Richard Tavoso臧� 臧滌澑 氤挫湢 欤检嫕瓿� 臧�臁� 氇呾潣 氩曥澑 臧勳棎 Class A 氤错喌欤茧ゼ 鞚挫爠頄堧嫟瓿� 氤搓碃頃╇媹雼�. 05/16/2025鞐� 攴鸽姅 500,000欤茧ゼ SixTav Ventures, LLC鞐� 於滌棸頄堨溂氅�, 鞝滌稖 靹滊電� 頃措嫻 氩曥澑鞚� 氤搓碃鞚戈臣 氚办毎鞛� 靻岇湢霛缄碃 氚濏灆雼堧嫟. 攴鸽Μ瓿� 05/21/2025鞐� 50,000欤茧ゼ 雼れ嫓 鞛愳嫚鞚� 歆侅爲 氤挫湢搿� 鞚挫爠頄堨姷雼堧嫟. 氤搓碃靹滌棎 霐半ゴ氅� 頃措嫻 瓯半灅 頉� 歆侅爲 鞁れ 氤挫湢電� 182,467欤检澊瓿�, SixTav Ventures, LLC臧� 氤挫湢頃� 臧勳爲 氤挫湢電� 450,000欤检瀰雼堧嫟. 鞚措姅 瓿勳棿 瓿勳爼 臧勳潣 雮措秬 鞛鞍旃橂 瓿店皽 鞁滌灔鞐愳劀鞚� 毵り皝鞚� 鞎勲媹氙�搿� 臧�甑潣 齑� 瓴届牅鞝� 歆�攵勳棎電� 氤�頇旉皜 鞐嗢姷雼堧嫟.
Le formulaire 4 indique que le directeur de Galaxy Digital, Richard Tavoso, a transf茅r茅 des actions ordinaires de cat茅gorie A entre ses avoirs personnels et une entit茅 familiale. Le 05/16/2025, il a apport茅 500,000 actions 脿 SixTav Ventures, LLC, que le d茅p么t pr茅cise 锚tre enti猫rement d茅tenue par le d茅clarant et son conjoint, et le 05/21/2025 il a r茅int茅gr茅 50,000 actions dans sa d茅tention directe. Le d茅p么t fait appara卯tre, apr猫s les op茅rations d茅clar茅es, une d茅tention directe b茅n茅ficiaire de 182,467 actions et une d茅tention indirecte de 450,000 actions d茅tenues par SixTav Ventures, LLC. Il s'agit de r茅allocations internes entre comptes affili茅s, et non de ventes sur le march茅 ouvert ; elles ne modifient donc pas l'int茅r锚t 茅conomique agr茅g茅 du foyer dans l'茅metteur.
Das Formular 4 meldet, dass Galaxy Digital-Direktor Richard Tavoso Class-A-Stammaktien zwischen seinen pers枚nlichen Best盲nden und einer Familiengesellschaft transferiert hat. Am 05/16/2025 眉bertrug er 500,000 Aktien an SixTav Ventures, LLC, die in der Meldung als vollst盲ndig im Eigentum des Meldenden und seines Ehepartners angegeben ist, und am 05/21/2025 brachte er 50,000 Aktien wieder in seinen Direktbesitz zur眉ck. Die Meldung weist nach den angegebenen Transaktionen eine direkte wirtschaftliche Eigent眉merschaft von 182,467 Aktien sowie eine indirekte Eigent眉merschaft von 450,000 Aktien, gehalten durch SixTav Ventures, LLC, aus. Es handelt sich um interne Umgliederungen zwischen verbundenen Konten und nicht um Verk盲ufe am offenen Markt, sodass sich das aggregierte wirtschaftliche Interesse des Haushalts am Emittenten nicht 盲ndert.
- Shares remain within the reporting person's household as transfers were between direct holdings and a wholly-owned family LLC
- No open-market sale or cash proceeds reported; transactions are internal reallocations rather than disposals to third parties
- None.
Insights
TL;DR: Director moved shares between personal and family LLC accounts; transactions are internal and carry limited market impact.
The Form 4 documents two transfers: a contribution of 500,000 Class A shares to SixTav Ventures, LLC on 05/16/2025 and a return of 50,000 shares to direct ownership on 05/21/2025. Post-transactions the filing lists 182,467 shares held directly and 450,000 indirectly via SixTav. Because SixTav is described as wholly owned by the reporting person and spouse, these moves represent reallocation within the household rather than monetization or third-party transfers. For investors, this is a neutral disclosure about ownership structure with no immediate capital-market implications.
TL;DR: Internal transfers to a spouse-owned LLC suggest household consolidation of holdings; governance implications are limited and routine.
The filing clarifies that SixTav Ventures, LLC is wholly owned by the reporting person and spouse, and shows a net shift of shares between direct and indirect ownership: 500,000 moved to the LLC and 50,000 returned to direct ownership shortly thereafter. These are customary estate or ownership-structure transactions commonly seen among insiders. The disclosure improves transparency about how beneficial ownership is held but does not indicate a change in voting or economic exposure outside the household.
Il Modulo 4 segnala che il direttore di Galaxy Digital Richard Tavoso ha trasferito azioni ordinarie di Classe A tra le sue partecipazioni personali e una entit脿 familiare. Il 05/16/2025 ha conferito 500,000 azioni a SixTav Ventures, LLC, che la dichiarazione indica essere interamente di propriet脿 del dichiarante e del coniuge, e il 05/21/2025 ha riportato 50,000 azioni nella sua propriet脿 diretta. Dopo le operazioni comunicate la dichiarazione mostra una propriet脿 diretta effettiva di 182,467 azioni e una propriet脿 indiretta di 450,000 azioni detenute da SixTav Ventures, LLC. Si tratta di riallocazioni interne tra conti affiliati, non di vendite sul mercato aperto, e pertanto non modificano l'interesse economico complessivo del nucleo familiare nell'emittente.
El Formulario 4 informa que el director de Galaxy Digital Richard Tavoso transfiri贸 acciones ordinarias Clase A entre sus tenencias personales y una entidad familiar. El 05/16/2025 补辫辞谤迟贸 500,000 acciones a SixTav Ventures, LLC, que la presentaci贸n indica que es propiedad total del declarante y su c贸nyuge, y el 05/21/2025 volvi贸 a trasladar 50,000 acciones a su propiedad directa. Tras las operaciones comunicadas, la presentaci贸n muestra una tenencia directa beneficiaria de 182,467 acciones y una tenencia indirecta de 450,000 acciones en manos de SixTav Ventures, LLC. Estas anotaciones son reasignaciones internas entre cuentas afiliadas, no ventas en el mercado abierto, por lo que no alteran el inter茅s econ贸mico agregado del hogar en el emisor.
Form 4電� Galaxy Digital 鞚挫偓 Richard Tavoso臧� 臧滌澑 氤挫湢 欤检嫕瓿� 臧�臁� 氇呾潣 氩曥澑 臧勳棎 Class A 氤错喌欤茧ゼ 鞚挫爠頄堧嫟瓿� 氤搓碃頃╇媹雼�. 05/16/2025鞐� 攴鸽姅 500,000欤茧ゼ SixTav Ventures, LLC鞐� 於滌棸頄堨溂氅�, 鞝滌稖 靹滊電� 頃措嫻 氩曥澑鞚� 氤搓碃鞚戈臣 氚办毎鞛� 靻岇湢霛缄碃 氚濏灆雼堧嫟. 攴鸽Μ瓿� 05/21/2025鞐� 50,000欤茧ゼ 雼れ嫓 鞛愳嫚鞚� 歆侅爲 氤挫湢搿� 鞚挫爠頄堨姷雼堧嫟. 氤搓碃靹滌棎 霐半ゴ氅� 頃措嫻 瓯半灅 頉� 歆侅爲 鞁れ 氤挫湢電� 182,467欤检澊瓿�, SixTav Ventures, LLC臧� 氤挫湢頃� 臧勳爲 氤挫湢電� 450,000欤检瀰雼堧嫟. 鞚措姅 瓿勳棿 瓿勳爼 臧勳潣 雮措秬 鞛鞍旃橂 瓿店皽 鞁滌灔鞐愳劀鞚� 毵り皝鞚� 鞎勲媹氙�搿� 臧�甑潣 齑� 瓴届牅鞝� 歆�攵勳棎電� 氤�頇旉皜 鞐嗢姷雼堧嫟.
Le formulaire 4 indique que le directeur de Galaxy Digital, Richard Tavoso, a transf茅r茅 des actions ordinaires de cat茅gorie A entre ses avoirs personnels et une entit茅 familiale. Le 05/16/2025, il a apport茅 500,000 actions 脿 SixTav Ventures, LLC, que le d茅p么t pr茅cise 锚tre enti猫rement d茅tenue par le d茅clarant et son conjoint, et le 05/21/2025 il a r茅int茅gr茅 50,000 actions dans sa d茅tention directe. Le d茅p么t fait appara卯tre, apr猫s les op茅rations d茅clar茅es, une d茅tention directe b茅n茅ficiaire de 182,467 actions et une d茅tention indirecte de 450,000 actions d茅tenues par SixTav Ventures, LLC. Il s'agit de r茅allocations internes entre comptes affili茅s, et non de ventes sur le march茅 ouvert ; elles ne modifient donc pas l'int茅r锚t 茅conomique agr茅g茅 du foyer dans l'茅metteur.
Das Formular 4 meldet, dass Galaxy Digital-Direktor Richard Tavoso Class-A-Stammaktien zwischen seinen pers枚nlichen Best盲nden und einer Familiengesellschaft transferiert hat. Am 05/16/2025 眉bertrug er 500,000 Aktien an SixTav Ventures, LLC, die in der Meldung als vollst盲ndig im Eigentum des Meldenden und seines Ehepartners angegeben ist, und am 05/21/2025 brachte er 50,000 Aktien wieder in seinen Direktbesitz zur眉ck. Die Meldung weist nach den angegebenen Transaktionen eine direkte wirtschaftliche Eigent眉merschaft von 182,467 Aktien sowie eine indirekte Eigent眉merschaft von 450,000 Aktien, gehalten durch SixTav Ventures, LLC, aus. Es handelt sich um interne Umgliederungen zwischen verbundenen Konten und nicht um Verk盲ufe am offenen Markt, sodass sich das aggregierte wirtschaftliche Interesse des Haushalts am Emittenten nicht 盲ndert.
FAQ
What did Galaxy Digital (GLXY) director Richard Tavoso report on Form 4?
Who owns SixTav Ventures, LLC according to the filing?
How many shares does Richard Tavoso beneficially own after these transactions?
Do these entries indicate a sale of GLXY shares?
What is the relationship of the reporting person to Galaxy Digital?
