4//SEC Filing
Novogratz Michael 4
Accession 0001380615-25-000007
CIK 0001859392other
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 5:43 PM ET
Size
11.2 KB
Accession
0001380615-25-000007
Insider Transaction Report
Form 4
Novogratz Michael
DirectorChief Executive Officer10% Owner
Transactions
- Sale
Class A Common Stock
2025-05-29$18.10/sh−3,372,875$61,040,605→ 0 total(indirect: By LLC) - Conversion
Class A Common Stock
2025-05-29+3,372,875→ 3,372,875 total(indirect: By LLC) - Conversion
Class B Common Stock
2025-05-29−3,372,875→ 198,973,125 total(indirect: By LLC)→ Class A Common Stock (3,372,875 underlying)
Holdings
- 522,945(indirect: By LLC)
Class A Common Stock
- 348,921
Class A Common Stock
Footnotes (3)
- [F1]Each share of Class B common stock entitles its holder to one vote per share on all matters submitted to a vote of the issuer's stockholders. The number of issued and outstanding shares of Class B common stock is equal to the number of issued and outstanding LP Units of Galaxy Digital Holdings LP not held by the issuer or one of its subsidiaries, and such LP Units are redeemable or exchangeable, on a one-for-one basis, for shares of Class A common stock.
- [F2]The sale was in connection with an underwritten offering pursuant to an underwriting agreement dated May 29, 2025, in which the holder was a selling shareholder. The underwriter's per share public offering price is $19.00. The price $18.0975 reflects the underwriting discount.
- [F3]Includes 302,609 shares of Class A Common Stock to be delivered in settlement of restricted share unit awards ("RSUs"). An RSU award was granted on March 27, 2024 where 99,000 are scheduled to vest on March 1, 2026 and 102,000 are scheduled to vest on March 1, 2027. 101,609 RSUs were granted on March 31, 2025 where 33,870 are scheduled to vest on March 1, 2026 and the remainder are scheduled to vest in equal quarterly installments thereafter (8 quarters). The RSU awards, in each case, are subject to continued service through the applicable vesting date.
Documents
Issuer
Galaxy Digital Inc.
CIK 0001859392
Entity typeother
Related Parties
1- filerCIK 0001380615
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 5:43 PM ET
- Size
- 11.2 KB