HIVE (HIVE) BUZZ HPC CFO reports initial RSU-based equity holdings

Rhea-AI Filing Summary

HIVE Digital Technologies Ltd. executive Timothy Calveley, BUZZ HPC CFO, reported his initial beneficial holdings on a Form 3. The filing lists several grants of Restricted Stock Units (RSUs), each representing the right to receive one share of common stock upon settlement, with varying vesting schedules extending into 2027. These RSUs reflect equity-based compensation rather than open-market share purchases or sales, and together show a meaningful long-term alignment between the CFO’s compensation and the company’s share performance.

Insider Trade Summary

6 transactions reported

Mixed 6 txns

Insider Calveley Timothy

Role BUZZ HPC- CFO

Type	Security	Shares	Price	Value
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--

Holdings After Transaction: Restricted Stock Units — 100,000 shares (Direct)

Footnotes (1)

1. Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of common stock. The RSUs were issued on November 5, 2024, and 62,500 have vested, with the remaining 37,500 vesting in 3 equal installments on May 5, 2026, August 5, 2026, and November 5, 2026. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs were issued on February 14, 2025 and are fully vested as of the date hereof. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs were issued on April 17, 2025 and will vest in one installment on April 17, 2026. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs were issued on July 8, 2025 and will vest in one installment on July 8, 2026. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs were issued on October 31, 2025 and will vest in one installment on October 31, 2026. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs were issued on March 16, 2026 and will vest in one installment on March 16, 2027.

Key Figures

RSU grant (Nov 5, 2024): 100,000 RSUs RSU grant (Feb 14, 2025): 60,000 RSUs RSU grant (Apr 17, 2025): 120,000 RSUs +3 more

6 metrics

RSU grant (Nov 5, 2024) 100,000 RSUs 62,500 vested; 37,500 vesting on May 5, 2026, Aug 5, 2026, Nov 5, 2026

RSU grant (Feb 14, 2025) 60,000 RSUs Fully vested as of the reporting date

RSU grant (Apr 17, 2025) 120,000 RSUs Vests in one installment on April 17, 2026

RSU grant (Jul 8, 2025) 120,000 RSUs Vests in one installment on July 8, 2026

RSU grant (Oct 31, 2025) 70,000 RSUs Vests in one installment on October 31, 2026

RSU grant (Mar 16, 2026) 70,000 RSUs Vests in one installment on March 16, 2027

Key Terms

Restricted Stock Units, vested, settlement, beneficial ownership

4 terms

Restricted Stock Units financial

"Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of common stock."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

vested financial

"The RSUs were issued on November 5, 2024, and 62,500 have vested, with the remaining 37,500 vesting in 3 equal installments..."

settlement financial

"Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of common stock."

Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.

beneficial ownership financial

"Form 3 reports the insider’s initial beneficial ownership in multiple Restricted Stock Unit grants."

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Calveley Timothy

(Last) (First) (Middle)

7900 CALLAGHAN ROAD

SUITE 128

(Street)

SAN ANTONIO TEXAS 78229

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/30/2026

3. Issuer Name and Ticker or Trading Symbol
HIVE Digital Technologies Ltd. [ HIVE ]

3a. Foreign Trading Symbol
[HIVE]

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	BUZZ HPC- CFO

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	(1)	Common Stock	100,000	$0	D
Restricted Stock Units	(2)	(2)	Common Stock	60,000	$0	D
Restricted Stock Units	(3)	(3)	Common Stock	120,000	$0	D
Restricted Stock Units	(4)	(4)	Common Stock	120,000	$0	D
Restricted Stock Units	(5)	(5)	Common Stock	70,000	$0	D
Restricted Stock Units	(6)	(6)	Common Stock	70,000	$0	D

Explanation of Responses:

1. Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of common stock. The RSUs were issued on November 5, 2024, and 62,500 have vested, with the remaining 37,500 vesting in 3 equal installments on May 5, 2026, August 5, 2026, and November 5, 2026.

2. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs were issued on February 14, 2025 and are fully vested as of the date hereof.

3. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs were issued on April 17, 2025 and will vest in one installment on April 17, 2026.

4. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs were issued on July 8, 2025 and will vest in one installment on July 8, 2026.

5. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs were issued on October 31, 2025 and will vest in one installment on October 31, 2026.

6. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs were issued on March 16, 2026 and will vest in one installment on March 16, 2027.

Remarks:

Mr. Calveley does not own any shares of the Issuer's common stock. The Board of Directors of HIVE Digital Technologies Ltd. (the "Company" ) has determined that the Company no longer qualifies as a foreign private issuer. As a result, effective April 1, 2026, the Company is required to comply with the reporting requirements and use the filing forms applicable to U.S. public companies under U.S. securities laws, including reports required under Section 16 of the U.S. Securities Exchange Act of 1934, as amended. The Reporting Person is filing this Form 3 in connection with this transition. Exhibit 24 Power of Attorney

	/s/ Timothy Calveley	03/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What insider position does Timothy Calveley hold at HIVE (HIVE)?

Timothy Calveley serves as BUZZ HPC CFO at HIVE Digital Technologies Ltd. The Form 3 shows his initial beneficial ownership in multiple Restricted Stock Unit grants, tying a portion of his compensation directly to future HIVE common stock performance over several vesting dates.

What type of securities does HIVE (HIVE) CFO Timothy Calveley report on this Form 3?

The Form 3 reports multiple grants of Restricted Stock Units. Each RSU represents the right to receive one share of HIVE common stock at settlement, with a zero exercise price and specific vesting schedules described across the footnotes to the filing.

How do the RSUs reported by HIVE (HIVE) CFO vest over time?

The RSUs vest on several future dates. One November 5, 2024 grant has 62,500 units vested and 37,500 vesting in three equal installments on May 5, 2026, August 5, 2026, and November 5, 2026, while later grants vest in single installments during 2026 and 2027.

Are any of HIVE (HIVE) CFO Timothy Calveley’s RSUs already fully vested?

Yes. One RSU grant issued on February 14, 2025 is fully vested as of the reporting date. Other RSU awards either partially vested or remain unvested, with vesting scheduled on specific dates in 2026 and 2027 according to the detailed footnotes.

Do the RSUs reported by HIVE (HIVE) CFO involve any purchase or sale of shares?

No open-market purchases or sales are described. The Form 3 lists Restricted Stock Unit holdings and vesting schedules, with no transaction codes indicating buy or sell activity. These equity awards are compensation arrangements rather than discretionary trading in HIVE shares.

What does each Restricted Stock Unit mean for HIVE (HIVE) CFO’s ownership?

Each Restricted Stock Unit represents the right to receive one HIVE common share at settlement. As the RSUs vest and are settled, they can increase the CFO’s actual common share ownership, further aligning his interests with long-term shareholder value at HIVE.