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

Role
President and CIO
Signature
/s/ Francesca Don Angelo, Attorney-in-Fact for Christopher Ferraro
Issuer symbol
GLXY
Transactions as of
15 May 2025
Net transactions value
$0
Form type
3
Filing time
15 May 2025, 16:22:03 UTC
Next filing
02 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Ferraro Christopher C President and CIO C/O GALAXY DIGITAL INC., 300 VESEY STREET, NEW YORK /s/ Francesca Don Angelo, Attorney-in-Fact for Christopher Ferraro 15 May 2025 0001912609

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GLXY Class A Common Stock 1,437,921 15 May 2025 Direct F1

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 1,000,000 $6.75 Direct F2, F6
holding GLXY Stock Options 15 May 2025 Class A Common Stock 81,319 $13.46 Direct F3, F6
holding GLXY Stock Options 15 May 2025 Class A Common Stock 409,271 $16.45 Direct F4, F6
holding GLXY Class B Common Stock 15 May 2025 Class A Common Stock 4,661,001 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 270,035 shares of Class A Common Stock to be delivered in settlement of restricted share unit awards ("RSUs"). An RSU award was granted on March 29, 2023 where 57,987 are scheduled to vest on March 1, 2026. An RSU award was granted on March 27, 2024 where 59,400 are scheduled to vest on March 1, 2026 and 61,200 are scheduled to vest on March 1, 2027. 91,448 RSUs were granted on March 31, 2025 where 30,483 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 This option vests over three years from March 1, 2023, with 1/3 vesting on the each of the first three anniversaries of such date, subject to continued service through the relevant vesting date.
F3 This option vests over three years from March 1, 2024, 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 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.
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.
F6 Conversion or Exercise price(s) represent Canadian Dollars

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney