Amar Alec 4
Research Summary
AI-generated summary
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).