Novogratz Michael

Galaxy Digital CEO Novogratz sells 3,000,000 shares for $108,000,000 via 2 separate transactions at $36.00

Michael Novogratz executed 2 separate sales totaling 3,000,000 (3.00M shares) for $108,000,000.00 at a blended average price of $36.00 on 2025-10-10. His prior trades at GLXY (on 2025-06-09 and 2025-05-29) both posted positive 90-day returns of +29.8% and +34.9% respectively, indicating neither prior sale was well-timed at the 90-day mark. The current price of $41.14 sits near the 52-week high of $42.22, reflecting strong recent performance (30-day +38.5%, 90-day +68.9%). A FLAG notes that Table II derivative holdings are not yet populated; the shares_after count of 0 does not represent the complete position. The sale occurs amid elevated valuation relative to the 52-week range and follows a pattern of sales at this ticker without predictive timing advantage.

CEO Michael Novogratz sold 4,380,967 shares of GLXY at $18.10 for $79,284,550.28; stock now at $20.00.

Michael Novogratz, as Chief Executive Officer of Galaxy Digital, sold 4,380,967 shares at $18.10 on 2025-06-09, generating $79,284,550.28 in proceeds. The stock has since appreciated to $20.00 as of 2025-06-10, representing a $1.90 gap between the transaction price and current market price. This filing includes a derivative-conversion transaction notation, meaning the CEO retains derivative holdings not yet populated in the structured data, so this sale should be understood as a disposition of a specific batch of shares rather than a complete exit from economic exposure. The timing and magnitude of a CEO's equity action warrant investor attention, particularly given the recent listing status of GLXY (17 trading days) and the concentrated nature of this single transaction in the early trading history.

CEO Novogratz sells 3,372,875 shares of GLXY at $18.10; derivative conversion reduces common equity position to 0

Michael Novogratz, Galaxy Digital's Chief Executive Officer, sold 3,372,875 shares on 2025-05-29 at $18.10 per share for $61,040,605.31 in gross proceeds. The DERIVATIVE-CONVERSION FLAG indicates this transaction is a conversion of derivative securities into common shares followed by an immediate sale, not a discretionary reduction of an established equity stake. The insider's true post-conversion position resides in Table II derivatives (not yet populated in this database), so the zero common-share balance does not indicate a full portfolio exit. Current price of $18.52 (as of 2025-06-02, 11 trading days after the sale) sits marginally above the transaction price, providing minimal intra-period price appreciation context. Galaxy Digital remains in early stages post-listing with zero reported revenue and zero net income, limiting fundamental anchors for assessing the trade's strategic intent.