Galaxy Digital Inc. CEO purchases $9.86M in GLXY shares on the open market
The CEO paid an average of $12.98 a share, according to a Form 4 filed with the SEC on Nov 5.
Insider buying at Galaxy Digital Inc.: Michael Novogratz, the company's chief executive officer, bought 760,000 shares on Nov 5 for $9.86 million, at an average of $12.98 a share, a Form 4 filed on Nov 5 shows.
It is an open-market purchase (transaction code P) of common stock, the kind of trade insiders make with their own money. The trade was reported within two business days, as Section 16 requires.
After the trade, the filing lists 760,000 shares held.
The numbers below are taken from the Form 4 as filed with the SEC.
| Company | Galaxy Digital Inc. (GLXY) |
|---|---|
| Insider | Michael Novogratz |
| Role | CEO |
| Transaction | Open-market purchase (code P) |
| Shares | 760,000 |
| Average price | $12.98 |
| Value | $9,864,346 |
| Trade date | Nov 5, 2026 |
| Filed with the SEC | Nov 5, 2026, 4:46 PM ET |
| Shares held after | 760,000 |
| Ownership | Indirect |
| Rule 10b5-1 plan | Not marked in the filing |
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Source: SEC Form 4. Information only, not investment advice. Not affiliated with or endorsed by the U.S. Securities and Exchange Commission.