Matthew W. Friedrich, Chief Legal Officer of Galaxy Digital Inc. (NASDAQ:GLXY), filed a Form 4 on September 10, 2026, disclosing two transactions in Class A Common Stock dated September 8 and September 9, 2026.

Key Highlights

  • Tax withholding transaction: 30,630 shares of Class A Common Stock were withheld on September 8, 2026, at $26.33 per share, upon the vesting of 60,000 restricted share units (RSUs).
  • Open-market sale: 4,993 shares were sold on September 9, 2026, at $27.03 per share, under a Rule 10b5-1 trading plan.
  • Post-transaction ownership: Following both transactions, Friedrich directly held 275,782 shares of Class A Common Stock, according to the filing.
  • RSU component: The filing notes that 251,405 of those shares are to be delivered in settlement of RSUs, subject to continued service through the applicable vesting date.
  • 10b5-1 plan adoption: The Rule 10b5-1 trading plan covering the September 9 sale was adopted on May 27, 2026, during an open trading window, according to the filing.

Galaxy Digital Chief Legal Officer Discloses RSU Vesting and Planned Share Sale

According to the Form 4 filed with the SEC, Matthew W. Friedrich, serving as Chief Legal Officer of Galaxy Digital Inc., reported two distinct transactions in the company's Class A Common Stock. On September 8, 2026, 60,000 RSUs vested, and 30,630 shares were withheld at a price of $26.33 per share to cover the associated tax obligation. The filing characterizes this transaction with code "F," indicating shares disposed of for tax withholding purposes.

The following day, on September 9, 2026, Friedrich sold 4,993 shares at $27.03 per share. The filing states that this sale was made pursuant to a Rule 10b5-1 trading plan that Friedrich adopted on May 27, 2026, during an open trading window. After both transactions, the filing reports his direct beneficial ownership at 275,782 shares of Class A Common Stock.

The filing further discloses that 251,405 of the shares included in that post-transaction total represent Class A Common Stock to be delivered in settlement of outstanding RSUs, subject to continued service through the applicable vesting dates. The Form 4 was signed by Frances Fuqua as Attorney-in-Fact for Matthew W. Friedrich and filed on September 10, 2026.

What Was Disclosed

The filing disclosed two transactions by Galaxy Digital's Chief Legal Officer: a tax-related share withholding of 30,630 shares upon RSU vesting on September 8, 2026, and a planned sale of 4,993 shares on September 9, 2026, leaving him with 275,782 shares directly held.