Brown Erin Elizabeth 4

What Happened Erin Elizabeth Brown, Chief Operating Officer of Galaxy Digital Inc. (GLXY), had 1,951 shares of Class A common stock withheld to satisfy tax withholding obligations upon the vesting of restricted stock units (RSUs). The withholding was recorded on June 1, 2026 at an implied price of $29.58 per share, equal to about $57,711. This was a tax-withholding/cashless settlement related to RSU vesting, not an open-market sale for investment purposes.

Key Details

• Transaction date: June 1, 2026; Filing date: June 2, 2026 (reporting the June 1 transaction).
• Transaction type/code: F (payment of exercise price or tax liability) — shares were withheld for taxes.
• Shares involved: 1,951 shares withheld from the vesting of 4,403 RSUs (net delivery to the insider: 4,403 - 1,951 = 2,452 shares).
• Price/value: $29.58 per share; total value withheld ≈ $57,711.
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes: F1 confirms the 1,951 shares were withheld to cover taxes on 4,403 RSUs that vested on June 1, 2026. F2 notes there are 166,058 RSU-settled shares outstanding to be delivered upon future vesting (subject to continued service).

Context Tax-withholding transactions on RSU vesting are routine and do not necessarily signal insider buying or selling intent; they simply satisfy tax obligations when equity awards vest. This was not an open-market sale or a purchase — it reduced the number of shares actually delivered to the insider. Retail investors should view this as administrative (tax) activity rather than a directional insider trade.