Anthony Paquette, Chief Financial Officer of Galaxy Digital Inc. (GLXY), filed a Form 4 on August 7, 2026, disclosing the exercise of 75,000 stock options and acquisition of an equivalent number of Class A Common Stock shares on August 6, 2026.

Key Highlights

  • Transaction: Anthony Paquette, Chief Financial Officer, exercised 75,000 stock options at a price of $11.77 per share on August 6, 2026.
  • Shares acquired: 75,000 shares of Class A Common Stock were acquired with cash upon the option exercise.
  • Post-transaction ownership: Paquette directly beneficially owns 505,777 shares of Class A Common Stock following the transaction.
  • RSU component: The 505,777 total includes 378,747 shares to be delivered in settlement of restricted stock units, subject to continued service through applicable vesting dates.
  • Remaining options: 225,000 stock options remain beneficially owned following the transaction.
  • Option grant details: The exercised options were granted March 31, 2025, vesting over four years with one-quarter vesting on each of the first four anniversaries of December 26, 2024, subject to continued service.

Galaxy Digital CFO Anthony Paquette Reports Option Exercise and Beneficial Ownership

According to the Form 4 filed with the SEC on August 7, 2026, Anthony Paquette, the Chief Financial Officer of Galaxy Digital Inc., exercised 75,000 stock options on August 6, 2026. The filing reports the transaction code as "M," reflecting an exercise of an in-the-money or at-the-money derivative security. The exercise price was $11.77 per share, and the filing states that the shares were "acquired with cash upon the exercise of 75,000 stock options."

Following the transaction, the filing discloses that Paquette directly beneficially owns 505,777 shares of Class A Common Stock. The filing notes that this figure includes 378,747 shares of Class A Common Stock "to be delivered in settlement of restricted stock units, subject to continued service through the applicable vesting date." The exercised options were part of an award granted on March 31, 2025, which vests over four years, with one-quarter vesting on each of the first four anniversaries of December 26, 2024, subject to continued service through each vesting date.

In Table II of the filing, the remaining derivative securities position is reported at 225,000 stock options with an exercise price of $11.77, an expiration date of March 31, 2030, and an underlying security of Class A Common Stock. The price of the derivative security following the transaction is listed as $0. The Form 4 was signed by Frances Fuqua as Attorney-in-Fact for Anthony Paquette and dated August 7, 2026.

What Was Disclosed

Galaxy Digital Inc.'s CFO Anthony Paquette reported the exercise of 75,000 Class A Common Stock options at $11.77 per share on August 6, 2026, resulting in direct beneficial ownership of 505,777 shares and 225,000 remaining stock options.