Galaxy Digital Director Bandrowczak Buys 5,100 Shares & Receives Award

What Happened

• Steven John Bandrowczak, a director of Galaxy Digital Inc. (GLXY), made two reported transactions. On August 6, 2026 he was granted 34,086 deferred share units (DSUs) that will convert into Class A common shares on scheduled vesting dates. On August 10, 2026 he purchased 5,100 shares in an open-market transaction at $19.63 per share, for a total cash outlay of $100,113.
• The DSU grant is a non-cash equity award (each DSU equals the right to receive one share) and is subject to continued service through the vesting dates; the open-market purchase is a direct buy (a purchase is often considered a more informative signal than routine awards, though filings are factual and do not indicate motivation).

Key Details

• Transaction dates and terms:
  • Aug 6, 2026 — Award/Grant: 34,086 DSUs (no price applicable).
  • Aug 10, 2026 — Open-market Purchase (P): 5,100 shares @ $19.63, total $100,113.
• Vesting schedule for DSUs (per filing): 7,866 shares vest on June 15, 2027; four tranches of 6,555 shares vest on Sept 1 of 2027, 2028, 2029 and 2030. DSUs require continued service to vest.
• Each DSU represents the right to receive one share of Class A common stock; the filing states the 34,086 shares will be delivered in settlement of the DSU awards.
• Shares owned after the transactions: not specified in the provided filing details.
• Filing timeliness: Report filed Aug 10, 2026 for transactions on Aug 6 and Aug 10, 2026 — reported within the standard Form 4 reporting window (no late-filing indication).

Context

• DSUs are deferred-compensation awards that convert to shares upon vesting and are common for directors; they are not immediate cash purchases. The open-market purchase was a straightforward buy of company stock for cash.