Ferraro Christopher C 4

What Happened
Christopher C. Ferraro, President and Chief Investment Officer of Galaxy Digital (GLXY), had 3,891 shares of Class A common stock withheld to cover tax obligations when 7,621 restricted share units (RSUs) vested on June 1, 2026. The withheld shares were valued at $29.58 each, totaling approximately $115,096. This is a tax-withholding disposition (code F), a routine administrative action rather than an open-market sale.

Key Details

• Transaction date: June 1, 2026; reported on Form 4 filed June 2, 2026 (appears timely).
• Withheld shares: 3,891 shares at $29.58 per share; total value ≈ $115,096.
• Vesting: 7,621 RSUs vested on June 1, 2026; 3,891 shares withheld for taxes, implying 3,730 net shares were delivered to Ferraro on vesting.
• Holdings note: Filing references 288,806 Class A shares to be delivered in settlement of RSUs (subject to continued service), but the filing does not state Ferraro’s total beneficial ownership after this transaction.
• Footnote(s): F1 = tax withholding on RSU vesting; F2 = outstanding RSUs to be settled; other footnotes in the filing describe vesting schedules and share class voting structure.
• Transaction code: F (payment of exercise price or tax liability) — routine withholding.

Context
Tax-withholding dispositions on RSU vesting are common and typically administrative — they do not necessarily indicate a change in the insider’s view of the company. This filing documents the withholding event (not an open-market sale) and related RSU details for investors tracking insider compensation and share issuance.