Digi Power X (DGXX) CEO Amar Michel Buys 20,000 Shares

What Happened
Amar Michel, CEO of Digi Power X Inc. (DGXX), purchased 20,000 shares on August 19, 2026 in an open-market/private purchase for a reported weighted-average price of $3.60 per share, totaling roughly $72,000. The filing reports the purchase as an acquisition (code P), which is a direct insider buy rather than a sale.

Key Details

• Transaction date: August 19, 2026 (filed on Form 4 on August 20, 2026 — timely).
• Price reported: $3.60 per share (weighted average); trade prices ranged $3.60–$3.61 per footnote F1.
• Shares acquired: 20,000; total cash value ≈ $72,000.
• Shares owned after transaction: not specified in the provided excerpt of the filing. The Form 4 includes a holdings line (see footnote F3) but the holding totals were not provided here.
• Notable footnotes: F1 explains multiple trades and weighted-average price; other filing footnotes (F2–F10) in the document relate to conversion ratios, options, and RSU vesting schedules and pertain to other reported holdings/awards, not this purchase.

Context
Insider purchases like this are direct acquisitions and are often viewed by investors as a potentially positive signal, but they do not prove future company performance. This purchase was executed in multiple trades (per F1); no indication in the filing that options were exercised or that shares were immediately sold.