Ferraro Christopher C 4
4 · Galaxy Digital Inc. · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
Galaxy Digital (GLXY) President Christopher Ferraro Receives 174,262 RSUs
What Happened
Christopher C. Ferraro, President and Chief Investment Officer of Galaxy Digital, received an award of 174,262 restricted stock units (RSUs) on February 3, 2026. The award is an equity compensation grant (transaction code A); there is no purchase price reported. Each RSU represents the right to one share of the company’s Class A common stock upon vesting. Per the filing, 57,506 of the newly granted RSUs are scheduled to vest on March 1, 2027, with the remainder vesting in eight equal quarterly installments thereafter. All RSU awards are subject to continued service through each vesting date.
Key Details
- Transaction date: February 3, 2026; Form 4 filed February 5, 2026 (timely filing).
- Transaction type: Award / Grant (RSUs); price: N/A (no cash purchase).
- Vesting specifics for this grant: 57,506 vest Mar 1, 2027; remainder vest in eight equal quarterly installments thereafter.
- Total RSUs noted: Form indicates 444,297 shares of Class A common stock to be delivered in settlement of RSUs (this figure reflects outstanding RSU settlements including the new grant and prior awards).
- Footnotes: Each RSU equals one Class A share on settlement; prior RSU grants from 2023–2025 have scheduled vesting dates (details in filing). RSUs require continued service to vest.
Context
This was an equity compensation grant (not a market buy or sale), so it does not represent an immediate change in outstanding shares until RSUs vest and are settled. Such awards are standard executive compensation and are different from open‑market purchases (which some investors view as a more direct bullish signal). The filing appears timely (filed two days after the grant date).
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2][F3]2026-02-03+174,262→ 862,183 total
- 81,319
Stock Options
[F4][F5]Exercise: $9.63Exp: 2029-03-27→ Class A Common Stock (81,319 underlying) - 1,000,000
Stock Options
[F4][F6]Exercise: $4.83Exp: 2028-03-29→ Class A Common Stock (1,000,000 underlying) - 409,271
Stock Options
[F4][F7]Exercise: $11.77Exp: 2030-03-31→ Class A Common Stock (409,271 underlying) - 3,411,001
Class B Common Stock
[F8]→ Class A Common Stock (3,411,001 underlying)
Footnotes (8)
- [F1]Represents 174,262 shares of Class A common stock issuable upon the vesting of restricted stock units ("RSUs").
- [F2]Each RSU represents the right to receive one share of the Company's Class A common stock.
- [F3]Includes 444,297 shares of Class A common stock to be delivered in settlement of RSUs. An RSU award was granted on March 29, 2023 where 57,987 are scheduled to vest on March 1, 2026. An RSU award was granted on March 27, 2024 where 59,400 are scheduled to vest on March 1, 2026 and 61,200 are scheduled to vest on March 1, 2027. 91,448 RSUs were granted on March 31, 2025 where 30,483 are scheduled to vest on March 1, 2026 and the remainder are scheduled to vest in eight equal quarterly installments thereafter. 174,262 RSUs were granted on February 3, 2026, where 57,506 are scheduled to vest on March 1, 2027 and the remainder are scheduled to vest in eight equal quarterly installments thereafter. The RSU awards, in each case, are subject to continued service through the applicable vesting date.
- [F4]The exercise price is reported here in US dollars, and was previously reported on the Form 3 in Canadian dollars.
- [F5]This option vests over three years from March 1, 2024, with 1/3 vesting on the each of the first three anniversaries of such date, subject to continued service through the relevant vesting date.
- [F6]This option vests over three years from March 1, 2023, with 1/3 vesting on the each of the first three anniversaries of such date, subject to continued service through the relevant vesting date.
- [F7]This option vests over three years from March 1, 2025, with 1/3 vesting on the each of the first three anniversaries of such date, subject to continued service through the relevant vesting date.
- [F8]Each share of Class B common stock will entitle its holder to one vote per share on all matters submitted to a vote of the issuer's stockholders. Initially, the issuer expects that the number of issued and outstanding shares of Class B common stock will be equal to the number of issued and outstanding LP Units of GDH LP not held by the issuer or one of its subsidiaries, and that such LP Units will be redeemable or exchangeable, on a one-for-one basis, for shares of Class A Common Stock.