Rico Robert Daniel 4

What Happened

• Rico Robert Daniel, Galaxy Digital’s Chief Accounting Officer, exercised options to acquire 12,000 shares at $4.83 per share (cost $57,960) and on the same date disposed of 19,000 shares in an open-market sale for total proceeds of $650,256 (weighted avg $34.22). The filing also reports a conversion/disposition of 12,000 derivative units at $0.00 (no cash proceeds reported).
• This activity includes both an option exercise (a purchase of shares via derivative exercise) and a sale of existing/received shares; sales are dispositions, not purchases of new stock.

Key Details

• Transaction date: June 15, 2026.
• Option exercise: 12,000 shares acquired at $4.83 each — $57,960 total.
• Open-market sale: 19,000 shares sold at a weighted average price of $34.22 — $650,256 total. (Sale prices ranged $34.19–$34.27; holder can provide a breakdown on request — see footnote.)
• Derivative conversion/disposition: 12,000 shares reported as disposed at $0.00 (no cash proceeds shown).
• Post-transaction holdings: Not specified in the information provided in your summary.
• Footnotes of note:
  • F1: 11,797 Class A shares to be delivered in settlement of restricted share units, subject to continued service through vesting.
  • F2: Sale price is a weighted average; individual sale prices ranged $34.19–$34.27.
  • F3: The options exercised are vested and exercisable through March 29, 2028.
• Filing timeliness: Report filed June 16, 2026 for transactions on June 15, 2026 — appears timely (no late-file flag shown).

Context

• The combination of an option exercise and a same-day open-market sale is often a cashless-like pattern: exercised shares are acquired and some shares are sold immediately (or shares are surrendered) to cover exercise costs, taxes, or to realize proceeds. The $0.00 derivative disposition entry may reflect net settlement/tax withholding or conversion mechanics reported by the issuer (the filing does not detail the mechanics).
• This is insider trading disclosure of routine insider activity (exercise + sale). Facts only — no inference about company prospects should be drawn from a single filing.