Paquette Anthony 4
Research Summary
AI-generated summary
Galaxy Digital (GLXY) CFO Anthony Paquette Receives RSU Award
What Happened
Anthony Paquette, Chief Financial Officer of Galaxy Digital (GLXY), received a grant of 97,497 restricted stock units (RSUs) on February 3, 2026. The Form 4 reports this as an award/acquisition (code A); no per-share price or immediate cash value is reported because RSUs convert to shares upon vesting (each RSU = one share). This is a compensation award rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-02-03; Form 4 filed 2026-02-05 (filed within the typical two-business-day window).
- Transaction type/code: Award/Grant (A). Price: N/A (RSUs).
- Shares/units granted: 97,497 RSUs (each represents the right to one Class A common share).
- Shares owned after transaction: Not specified on the filing.
- Vesting (per footnotes): 32,174 of the 97,497 RSUs are scheduled to vest on March 1, 2027; the remainder vests in eight equal quarterly installments thereafter.
- Additional unvested RSUs noted: 281,250 shares from a separate RSU award, vesting 93,750 on each of Dec 26, 2026, 2027 and 2028 (per footnote).
Context
RSUs are a form of equity compensation that convert to actual shares when they vest; they do not represent an immediate cash purchase or sale and typically align executive compensation with shareholder value over time. This filing documents a grant (compensation) rather than trading activity by the insider.