AMAR MICHEL enters DIGI POWER X INC. with 5.80M shares plus derivative instruments

Holding both equity and derivatives at entry signals strong long-term conviction in the company.

Direct Indirect Derivatives

AMAR MICHEL

Filed: 12/31/2025ACC: 0001213900-25-127174

InsiderAMAR MICHELCIK 1912453

→

IssuerDIGI POWER X INC.CIK 1854368

DirectorOfficer10% Owner· Chief Executive Officer

Since Feb 2026

5.80M

Baseline shares

26% direct

1.51M

Direct ownership

1 position

3.03M

Derivative underlying

6 instruments

Security positions

4.29M indirect

Non-Derivative Holdings4

Subordinate Voting Shares

Indirect

Shares owned2.17M

Subordinate Voting Shares

Direct

Shares owned1.51M

Subordinate Voting Shares

Indirect

Shares owned1.49M

Subordinate Voting Shares

Indirect

Shares owned626.54K

Total

1.51M direct·4.29M indirect5.80M

Security Title	Shares Owned	Ownership Type
Subordinate Voting Shares	2.17M	Indirect
Subordinate Voting Shares	1.51M	Direct
Subordinate Voting Shares	1.49M	Indirect
Subordinate Voting Shares	626.54K	Indirect
Total	5.80M	1.51M direct·4.29M indirect

Derivative Holdings6

Proportionate Voting Shares

Indirect

Underlying security

Subordinate Voting Shares

Underlying shares

666.60K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Subordinate Voting Shares

Underlying shares

333.33K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Subordinate Voting Shares

Underlying shares

300K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Employee stock option (right to buy)

Direct

Underlying security

Subordinate Voting Shares

Underlying shares

515K

Shares owned

N/A

Exercise price

1.53

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Subordinate Voting Shares

Underlying shares

316.67K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Employee stock option (right to buy)

Direct

Underlying security

Subordinate Voting Shares

Underlying shares

900K

Shares owned

N/A

Exercise price

3.58

Expiration

—

Exercise window

—

Total

Underlying

3.03M

Owned

0.00

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Proportionate Voting Shares Indirect	Subordinate Voting Shares		—	—	666.60K	N/A
Restricted Stock Units Direct	Subordinate Voting Shares	0	—	—	333.33K	N/A
Restricted Stock Units Direct	Subordinate Voting Shares	0	—	—	300K	N/A
Employee stock option (right to buy) Direct	Subordinate Voting Shares	1.53	—	—	515K	N/A
Restricted Stock Units Direct	Subordinate Voting Shares	0	—	—	316.67K	N/A
Employee stock option (right to buy) Direct	Subordinate Voting Shares	3.58	—	—	900K	N/A
Total					3.03M	0.00