Amar Alec 4
4 · Digi Power X Inc. · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Digi Power X (DGXX) President Amar Alec Sells 27,500 Shares
What Happened
Amar Alec, President and Director of Digi Power X Inc. (DGXX), reported an open-market sale of 27,500 shares on February 2, 2026. The weighted-average sale price reported was $2.53 per share, for aggregate proceeds of $69,575. This transaction is a sale (code S), which is often routine insider selling rather than a purchase signal.
Key Details
- Transaction date: February 2, 2026; Filing date: February 3, 2026 (next-day filing; no late filing indicated).
- Price: Weighted average $2.53; individual trades ranged $2.43–$2.61 (footnote F1).
- Shares sold: 27,500; Proceeds: $69,575.
- Shares owned after transaction: Not specified in the provided excerpts of the filing.
- Notable footnotes in the filing: F1 (multiple trades; weighted-average price disclosed), F2/F5 (exercise prices quoted in Canadian dollars converted to USD), F4 (options fully vested), F6–F9 (restricted stock/unit vesting schedules), F3 (a line reporting holdings as of the date).
- Transaction code: S = Sale.
Context
The filing references other equity-related items (options and restricted share units with various vesting terms and Canadian-dollar exercise-price conversions), but the only executed transaction reported here is the open-market sale of common shares. Sales by executives can be for many reasons (tax, diversification, liquidity); this report is factual and does not indicate the insider’s motive. If you need the post-transaction holdings or the detailed breakdown of individual trade prices, the filer notes they will provide that information to the SEC or a security holder upon request (per footnote F1).
Insider Transaction Report
- Sale
Subordinate Voting Shares
[F1]2026-02-02$2.53/sh−27,500$69,575→ 1,263,116 total
- 45,000(indirect: By LLC)
Subordinate Voting Shares
- 365,000
Employee stock option (right to buy)
[F2][F3][F4]Exercise: $1.53From: 2025-06-06Exp: 2030-06-06→ Subordinate Voting Shares - 300,000
Employee stock option (right to buy)
[F5][F3][F4]Exercise: $3.58From: 2025-11-19Exp: 2030-11-19→ Subordinate Voting Shares - 266,667
Restricted Stock Units
[F6][F3][F7]Exercise: $0.00→ Subordinate Voting Shares - 216,667
Restricted Stock Units
[F8][F3][F7]Exercise: $0.00→ Subordinate Voting Shares - 300,000
Restricted Stock Units
[F9][F3][F7]Exercise: $0.00→ Subordinate Voting Shares
Footnotes (9)
- [F1]This transaction was executed in multiple trades at prices ranging from $2.43 to $2.61. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F2]Represents an exercise price of $2.09 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3676 reported by the Bank of Canada on February 2, 2026.
- [F3]No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
- [F4]The options are fully vested.
- [F5]Represents an exercise price of $4.90 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3676 reported by the Bank of Canada on February 2, 2026.
- [F6]The restricted stock units vest in two equal annual installments beginning on February 9, 2026.
- [F7]Represents restricted share units issued pursuant to Digi Power X Inc.'s Restricted Share Unit Plan.
- [F8]The restricted stock units vest in two equal annual installments beginning on December 1, 2026.
- [F9]The restricted stock units vest in three equal annual installments beginning on November 19, 2026.