Galaxy Digital (GLXY) Director Bill Koutsouras Receives DSU Award

What Happened Bill Koutsouras, a director of Galaxy Digital Inc. (GLXY), received an award of 7,866 deferred share units (DSUs) on August 6, 2026. The grant is reported as an "A" (award/acquisition) on a Form 4; no purchase price is applicable (N/A). Each DSU represents the right to receive one share of the Company’s Class A common stock, but the DSUs are subject to continued service and will vest (and be settled into shares) on June 15, 2027. This was a compensation award rather than an open-market buy or sell.

Key Details

• Transaction date: August 6, 2026; Form 4 filed August 10, 2026. Transaction code: A (award/grant).
• Shares awarded: 7,866 DSUs; price per share: N/A (compensation award).
• Vesting/settlement: DSUs scheduled to vest and convert to shares on June 15, 2027, subject to continued service.
• Shares owned after transaction: the filing does not list a single total share count; it notes inclusion of 70,752 Class A shares to be delivered in settlement of DSU awards (i.e., unvested DSUs included in ownership disclosure).
• Footnotes: F1–F3 explain the DSU grant, one-for-one conversion to Class A shares, vesting conditions, and that 70,752 shares are to be delivered upon settlement of DSUs. Exhibit included: Power of Attorney (Exhibit 24).
• Filing timeliness: Form shows filing on Aug 10 for an Aug 6 transaction; the filing does not indicate a late filing.

Context DSUs are a common form of director compensation that provide a right to receive company shares in the future rather than immediate share ownership. Because the units are deferred and subject to vesting and continued service, they do not represent immediately tradeable shares and do not necessarily signal buying or selling intent. This award increases Koutsouras’ future potential share entitlement if he remains in service through the vesting date.