Amar Alec 4
Research Summary
AI-generated summary
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).