Michael Novogratz - 15 May 2025 Form 3 Insider Report for Galaxy Digital Inc. (GLXY)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Francesca Don Angelo, Attorney-in-Fact for Michael Novogratz
Issuer symbol: GLXY
Transactions as of: 15 May 2025
Net transactions value: $0
Form type: 3
Filing time: 15 May 2025, 16:20:20 UTC
Next filing: 21 May 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Novogratz Michael	Chief Executive Officer, Director, 10%+ Owner	C/O GALAXY DIGITAL INC., 300 VESEY STREET, NEW YORK	/s/ Francesca Don Angelo, Attorney-in-Fact for Michael Novogratz	15 May 2025	0001380615

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	GLXY	Class A Common Stock						348,921	15 May 2025	Direct	F1
holding	GLXY	Class A Common Stock						522,945	15 May 2025	By Novofam Macro LLC	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	GLXY	Stock Options							15 May 2025	Class A Common Stock	409,271	$16.45	Direct	F3, F4
holding	GLXY	Class B Common Stock							15 May 2025	Class A Common Stock	205,096,000		Held by Galaxy Group Investments LLC	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 302,609 shares of Class A Common Stock to be delivered in settlement of restricted share unit awards ("RSUs"). An RSU award was granted on March 27, 2024 where 99,000 are scheduled to vest on March 1, 2026 and 102,000 are scheduled to vest on March 1, 2027. 101,609 RSUs were granted on March 31, 2025 where 33,870 are scheduled to vest on March 1, 2026 and the remainder are scheduled to vest in equal quarterly installments thereafter (8 quarters). The RSU awards, in each case, are subject to continued service through the applicable vesting date.
F2	Includes 522,945 Class A common shares held indirectly by Novofam Macro LLC.
F3	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.
F4	Conversion or Exercise price(s) represent Canadian Dollars.
F5	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.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney