Digi Power X Inc.·4

Mar 25, 5:30 PM ET

Jeyapaul Jaganathan 4

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Digi Power X (DGXX) CTO Jeyapaul Jaganathan Receives Awards

What Happened Jeyapaul Jaganathan, Chief Technology Officer of Digi Power X Inc. (DGXX), received two awards on March 23, 2026: one grant of 50,000 derivative instruments (options, fully vested) and one grant of 50,000 restricted share units (RSUs). Both awards are listed at an acquisition price of $0.00 on the Form 4; the filing treats these as derivative awards rather than open-market purchases or sales.

Key Details

  • Transaction date: March 23, 2026; Form 4 filed March 25, 2026 (timely filing).
  • Instruments/amounts: 50,000 options (footnote: fully vested) and 50,000 restricted share units (RSUs). Both entries show $0.00 acquisition price.
  • Vesting for RSUs (footnote): 1/3 vests on March 23, 2027; remaining 2/3 vest quarterly over the two years after March 23, 2027.
  • Shares owned after the transaction: not specified in the filing.
  • Nature: These are compensation awards (derivative/RSU grants), not open-market purchases or sales.

Context RSUs represent a contingent right to receive one subordinate voting share upon vesting; they are compensation and will convert to shares according to the vesting schedule. The option grant is noted as fully vested, meaning the holder may be able to exercise those options per the plan terms (exercise and any sale are separate events and were not reported here). Such grants are common executive compensation and do not by themselves indicate a buy/sell signal in the open market.