Digi Power X CTO Jeyapaul Jaganathan Receives Restricted Share Units

What Happened

• Jeyapaul Jaganathan, Chief Technology Officer of Digi Power X Inc. (DGXX), received restricted share unit (RSU) awards totaling 225,000 RSUs: two grants on May 15, 2026 (25,000 and 75,000 RSUs = 100,000) and a grant on August 19, 2026 (125,000 RSUs). Each award shows an acquisition price of $0.00 (no cash paid) and is reported as a derivative award (RSUs), with a reported aggregate value of $0 on grant.

Key Details

• Transaction dates and terms:
  • 2026-05-15: 25,000 RSUs @ $0.00 (derivative/award)
  • 2026-05-15: 75,000 RSUs @ $0.00 (derivative/award)
  • 2026-08-19: 125,000 RSUs @ $0.00 (derivative/award)
• Shares owned after transaction: not specified in the filing.
• Vesting and footnotes:
  • F3: These are RSUs; each RSU is a contingent right to one subordinate voting share upon vesting.
  • F4/F5: Vesting schedules are provided in the filing — one schedule vests one‑third on March 23, 2027 with the remainder vesting quarterly over the following two years; a second schedule vests in three equal installments on May 15 of 2027, 2028 and 2029.
  • F1: One line indicates "no transaction is being reported at this time" and appears to report holdings as of the stated date.
  • F2: The filing also notes certain options are fully vested (separate from the RSU grants).
• Timeliness: The Form 4 was filed on August 21, 2026. The May 15, 2026 entries were reported late relative to the transaction date; the August 19, 2026 grant was reported within the typical two‑business‑day window.

Context

• RSUs are not immediate share ownership: they are contingent rights that convert to shares only if/when they vest under the schedules above. No cash was exchanged at grant and no shares were sold or bought in these entries. Awards like this are common for employee compensation and do not by themselves indicate a purchase or sale decision by the insider.