Rotonda Gerard 4

What Happened
Director Gerard received two awards of restricted share units (RSUs) on January 30, 2026 — 100,000 RSUs each, for a total of 200,000 RSUs. Each award is recorded at $0.00 (no cash paid) and is reported as a derivative award (an entitlement to receive shares upon vesting).

Key Details

• Transaction date: 2026-01-30; Form 4 filed: 2026-02-03 (timely filing).
• Award amounts: 2 grants × 100,000 RSUs = 200,000 RSUs; reported grant price = $0.00.
• Shares owned after transaction: the filing lists holdings as of the report date (one line notes holdings only, F2); the explicit total post-grant holding figure was not included in the excerpt provided.
• Vesting and plan notes: RSUs issued under Digi Power X’s Restricted Share Unit Plan (F6). One award vests in two equal annual installments beginning Feb 9, 2026 (F5); the other vests in three equal annual installments beginning Dec 1, 2026 (F7).
• Additional footnotes in the filing reference option exercise prices (in CAD converted to USD) and fully vested options (F1, F3, F4), which pertain to other disclosed holdings in the full Form 4.

Context
RSUs are deferred equity awards — they do not require cash payment and convert to company shares only as they vest. Grants are routine compensation for directors/executives and do not, by themselves, indicate buying or selling sentiment. This filing was submitted within the standard Form 4 deadline and is informational for shareholders tracking insider equity and potential future dilution when RSUs vest.