DEASON DOUGLAS R 4

What Happened
Douglas R. Deason, a director of Galaxy Digital (GLXY), made three open-market purchases on February 4, 2026 totaling 25,000 Class A shares. The buys were: 5,000 shares at $20.75 ($103,750), 10,000 shares at $20.50 ($205,000), and 10,000 shares at $21.12 ($211,200) — aggregate value about $519,950. These were purchases (not sales), which are generally interpreted as a personal investment rather than a liquidity event.

Key Details

• Transaction date: 2026-02-04 (Form 4 filed 2026-02-05 — appears timely).
• Prices and amounts: 5,000 @ $20.75; 10,000 @ $20.50; 10,000 @ $21.12. Total ≈ $519,950.
• Transaction code: P = Purchase (open market).
• Shares owned after transaction: The filing does not state a single total beneficial ownership figure. Footnote F2 reports 23,482 Class A shares to be delivered on settlement of deferred share units (DSUs) with staggered vesting through Sept 1, 2028.
• Notable footnote: F1 — Deason disclaims beneficial ownership except to the extent of his pecuniary interest. F2 — details DSU award and vesting schedule.
• Exhibits: Exhibit 24 — Power of Attorney.

Context
These were straightforward open-market purchases by a company director. Purchases can be of interest to investors because they represent the insider putting personal capital to work; filings are factual and do not explain motive. The DSU footnote indicates additional shares slated for delivery if vesting conditions are met, and F1 indicates a limited beneficial ownership disclaimer.