Andrew Siegel - May 29, 2025 Form 4 Insider Report for Galaxy Digital Inc. (GLXY)

Role: General Counsel & CCO
Signature: /s/ Francesca Don Angelo, Attorney-in-Fact for Andrew Siegel
Stock symbol: GLXY
Transactions as of: May 29, 2025
Transactions value $: -$4,038,801
Form type: 4
Date filed: 6/2/2025, 06:23 PM
Previous filing: May 15, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Siegel Andrew N	General Counsel & CCO	C/O GALAXY DIGITAL INC., 300 VESEY STREET, NEW YORK	/s/ Francesca Don Angelo, Attorney-in-Fact for Andrew Siegel	2025-06-02	0001914017

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GLXY	Class A Common Stock	Conversion of derivative security		+223K	+46.5%		703K	May 29, 2025	Direct	F1, F2
transaction	GLXY	Class A Common Stock	Sale	-$4.04M	-223K	-31.74%	$18.10	480K	May 29, 2025	Direct	F2, F3

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
transaction	GLXY	Class B Common Stock	Conversion of derivative security		-223K	-100%		0	May 29, 2025	Class A Common Stock	223K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	Each share of Class B common stock entitles its holder to one vote per share on all matters submitted to a vote of the issuer's stockholders. The number of issued and outstanding shares of Class B common stock is equal to the number of issued and outstanding LP Units of Galaxy Digital Holdings LP not held by the issuer or one of its subsidiaries, and such LP Units are redeemable or exchangeable, on a one-for-one basis, for shares of Class A common stock.
F2	Includes 83,385 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 24,851 are scheduled to vest on March 1, 2026. An RSU award was granted on March 27, 2024 where 17,820 are scheduled to vest on March 1, 2026 and 18,360 are scheduled to vest on March 1, 2027. 22,354 RSUs were granted on March 31, 2025 where 7,452 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.
F3	The sale was in connection with an underwritten offering pursuant to an underwriting agreement dated May 29, 2025, in which the holder was a selling shareholder. The underwriter's per share public offering price is $19.00. The price $18.0975 reflects the underwriting discount.