Amar Alec 4
4 · Digi Power X Inc. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Digi Power X (DGXX) President Amar Alec Sells 1,800 Shares
What Happened
Amar Alec, President and Director of Digi Power X Inc. (DGXX), sold 1,800 shares on April 1, 2026 in an open-market/private sale. The reported weighted-average sale price was $2.25 per share (range $2.25–$2.26), for aggregate proceeds of approximately $4,050. This was a sale (not a purchase or option exercise) and is commonly a routine disposition.
Key Details
- Transaction date: April 1, 2026; Form filed April 2, 2026 (timely — next-business-day filing).
- Type: Sale (code S) — open market or private sale as reported.
- Quantity & price: 1,800 shares sold at a weighted-average price of $2.25 (trades ranged $2.25–$2.26).
- Proceeds: ≈ $4,050.
- Shares owned after transaction: Not specified in the excerpt provided; see the full Form 4 for post-transaction holdings.
- Notable footnotes: F1 notes the sale occurred in multiple trades and the price shown is a weighted average. Other footnotes (F2–F9) in the filing describe option/RSU exercise-price conversions (CAD→USD), vesting schedules, and that some options are fully vested, but no option exercise or award was reported as part of this sale.
Context
This is a small-dollar insider sale and, by itself, does not necessarily indicate a change in insider sentiment. Sales can reflect many personal or tax reasons; purchases generally convey a stronger bullish signal. For full holdings, vesting details, or any related derivatives activity, review the complete Form 4 filing (Accession: 0001213900-26-039498).
Insider Transaction Report
- Sale
Subordinate Voting Shares
[F1]2026-04-01$2.25/sh−1,800$4,050→ 1,367,149 total
- 45,000(indirect: By LLC)
Subordinate Voting Shares
- 365,000
Employee stock option (right to buy)
[F2][F3][F4]Exercise: $1.50From: 2025-06-06Exp: 2030-06-06→ Subordinate Voting Shares - 300,000
Employee stock option (right to buy)
[F5][F3][F4]Exercise: $3.53From: 2025-11-19Exp: 2030-11-19→ Subordinate Voting Shares - 133,334
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 $2.25 to $2.26. 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$1.3888 reported by the Bank of Canada on April 1, 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$1.3888 reported by the Bank of Canada on April 1, 2026.
- [F6]The remaining restricted share units are scheduled to vest on February 9, 2027.
- [F7]Represents restricted share units issued pursuant to Digi Power X Inc.'s Restricted Share Unit Plan. Each restricted share unit represents a contingent right to receive one subordinate voting share of the issuer as of the vesting date.
- [F8]The restricted share units are scheduled to vest in two equal annual installments beginning on December 1, 2026.
- [F9]The restricted share units are scheduled to vest in three equal annual installments beginning on November 19, 2026.