Digi Power X Inc.·4

Mar 3, 5:54 PM ET

Amar Alec 4

4 · Digi Power X Inc. · Filed Mar 3, 2026

Research Summary

AI-generated summary of this filing

Updated

Digi Power X (DGXX) President Amar Alec Sells 27,500 Shares

What Happened

  • Amar Alec, President and Director of Digi Power X Inc. (DGXX), sold 27,500 shares on March 2, 2026. The transaction was reported as an open-market/private sale (code S) for a total of $78,650, reflecting a weighted average sale price of $2.86 per share.

Key Details

  • Transaction date: March 2, 2026; Form 4 filed: March 3, 2026 (timely filing).
  • Reported shares sold: 27,500; weighted average price: $2.86; total proceeds: $78,650.
  • Trades were executed in multiple transactions at prices ranging from $2.64 to $2.96 (Footnote F1 explains the weighted average and availability of the detailed trade breakdown on request).
  • The filing includes additional footnotes about options, RSUs, exercise-price currency conversions and vesting schedules (F2–F9), but this specific line reports a straight sale. The filing does not specify the insider’s remaining share count in the information you provided.
  • Transaction type: Sale (S). No indication in the provided data of a 10b5‑1 plan, gift, or cashless exercise tied to this sale.

Context

  • Sales by insiders can be routine (for cash needs, diversification, tax planning, etc.) and do not necessarily signal a change in company prospects; purchases are generally considered more informative about insider sentiment.
  • The multiple-trade execution and weighted-average pricing mean the sale was split across several trades rather than a single block; the filer offers to provide the exact trade-by-trade details to the SEC or holders upon request.

Insider Transaction Report

Form 4
Period: 2026-03-02
Amar Alec
DirectorPresident
Transactions
  • Sale

    Subordinate Voting Shares

    [F1]
    2026-03-02$2.86/sh27,500$78,6501,368,949 total
Holdings
  • Subordinate Voting Shares

    (indirect: By LLC)
    45,000
  • Employee stock option (right to buy)

    [F2][F3][F4]
    Exercise: $1.53From: 2025-06-06Exp: 2030-06-06Subordinate Voting Shares
    365,000
  • Employee stock option (right to buy)

    [F5][F3][F4]
    Exercise: $3.58From: 2025-11-19Exp: 2030-11-19Subordinate Voting Shares
    300,000
  • Restricted Stock Units

    [F6][F3][F7]
    Exercise: $0.00Subordinate Voting Shares
    133,334
  • Restricted Stock Units

    [F8][F3][F7]
    Exercise: $0.00Subordinate Voting Shares
    216,667
  • Restricted Stock Units

    [F9][F3][F7]
    Exercise: $0.00Subordinate Voting Shares
    300,000
Footnotes (9)
  • [F1]This transaction was executed in multiple trades at prices ranging from $2.64 to $2.96. 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$1.3688 reported by the Bank of Canada on March 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$1.3688 reported by the Bank of Canada on March 2, 2026.
  • [F6]The remaining restricted stock units are scheduled to vest on February 9, 2027.
  • [F7]Represents restricted stock units issued pursuant to Digi Power X Inc.'s Restricted Share Unit Plan. Each restricted stock unit represents a contingent right to receive one subordinate voting share of the issuer as of the vesting date.
  • [F8]The restricted stock units are scheduled to vest in two equal annual installments beginning on December 1, 2026.
  • [F9]The restricted stock units are scheduled to vest in three equal annual installments beginning on November 19, 2026.
Signature
/s/ Alec Amar|2026-03-03

Documents

1 file
  • 4
    ownership.xmlPrimary