Amar Alec 4

What Happened
Amar Alec, President and Director of Digi Power X Inc. (DGXX), sold 27,500 shares on May 1, 2026. The reported weighted-average sale price was $3.56 per share, for total gross proceeds of approximately $97,900. The Form 4 lists the transaction as an open-market or private sale.

Key Details

• Transaction date: May 1, 2026. Filing date (Form 4): May 5, 2026 (filed within the 2-business-day deadline).
• Price details: multiple trades executed at prices ranging from $3.37 to $3.75; $3.56 is the weighted average (see footnote F1). Total proceeds ≈ $97,900.
• Shares owned after transaction: not specified in the excerpt provided.
• Notable footnotes from the filing:
  • F1: Multiple trades at $3.37–$3.75; weighted-average price reported; reporter can provide detailed trade-by-trade info on request.
  • F2 & F5: Some option exercise prices are stated in Canadian dollars and converted to USD at CAD$1.3611 = $1.00 (Bank of Canada rate, May 4, 2026).
  • F4: Options referenced are fully vested.
  • F6–F9 and F7: The filing also discloses restricted share units (RSUs) and their vesting schedules; F7 explains each RSU represents a contingent right to one subordinate voting share.
• No indication in this excerpt of a 10% ownership change, gift, tax withholding, or a 10b5-1 plan.

Context
This was a sale by an executive (typically considered a routine disposition rather than a bullish signal). The filing also documents outstanding options and RSUs with vesting schedules and currency-conversion notes; those items are holdings disclosures rather than additional sales. No speculative conclusions about motive should be drawn from the sale alone.