Friedrich Matthew W. 4

What Happened Matthew W. Friedrich, Chief Legal Officer of Galaxy Digital (GLXY), received a grant of 71,405 restricted stock units (RSUs) on February 3, 2026. These RSUs are awards (no cash paid) that each represent the right to one share of the company’s Class A common stock upon vesting. The filing lists the price as N/A because this was a compensation award rather than a market purchase.

Key Details

• Transaction type/date: Award/Grant (code A) on 2026-02-03; Form 4 filed 2026-02-05 (timely).
• Shares/amount: 71,405 RSUs granted on Feb 3, 2026 (each RSU = one Class A share).
• Aggregate/related RSUs: Filing discloses 311,405 total shares to be delivered upon settlement of RSUs, including 240,000 RSUs granted Sept 8, 2025 and the 71,405 RSUs from Feb 3, 2026.
• Vesting schedules:
  • 240,000 RSUs (granted 9/8/2025): vest in four equal annual installments.
  • 71,405 RSUs (granted 2/3/2026): 23,564 vest on Mar 1, 2027; remaining portion vests in eight equal quarterly installments thereafter.
• Conditions: RSU awards are subject to continued service through each vesting date.
• Price/consideration: N/A — this is a compensation award, not a purchase or sale.
• Filing exhibits: Exhibit 24 (Power of Attorney) attached.

Context RSU grants are a common form of executive compensation and do not represent an immediate purchase or sale of shares. They indicate potential future issuance of stock if the executive remains employed through vesting dates, but they should not be interpreted as a direct market-confidence signal.