Galaxy Digital (GLXY) Director Douglas Deason Receives DSU Award

What Happened

• Douglas R. Deason, a director of Galaxy Digital Inc. (GLXY), was granted a deferred share unit (DSU) award of 7,866 units on August 6, 2026. The DSUs are not immediate shares and carry no purchase price (price N/A). Each DSU represents the right to receive one share of the company's Class A common stock and the award is scheduled to vest on June 15, 2027, subject to continued service.

Key Details

• Transaction date: August 6, 2026 (reported on Form 4 filed August 10, 2026).
• Transaction type: Award/Grant (code A) of 7,866 deferred share units (DSUs).
• Price: N/A (deferred award, not a cash purchase or sale).
• Vesting: DSUs scheduled to vest June 15, 2027; subject to continued service through vesting.
• Holdings note: Filing states it "includes 31,348 shares of Class A Common Stock to be delivered in settlement of DSU awards" (i.e., part of reported holdings include future DSU-settled shares).
• Timeliness: Filed August 10, 2026 — within the standard Section 16 reporting period (reported promptly).

Context

• DSUs are a form of deferred compensation: they represent the right to receive shares in the future rather than immediate ownership today. Such awards are routine compensation for directors and do not represent an open-market purchase or sale. They do not, by themselves, indicate a buy or sell signal from the insider until settled.