Director Susan McGee details HIVE (HIVE) option, RSU and share stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
HIVE Digital Technologies Ltd. director Susan B. McGee filed an initial ownership report detailing her existing equity awards and holdings. She holds options to buy 20,000 shares of common stock at an exercise price of $4.94 per share, expiring on July 6, 2028. She also reports 112,500 shares of common stock directly owned and several blocks of Restricted Stock Units, including 37,500 RSUs that vest in three equal installments on May 5, 2026, August 5, 2026, and November 5, 2026, plus additional RSU grants of 100,000 shares each vesting on April 17, 2026, July 8, 2026, October 31, 2026, and March 16, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
MCGEE SUSAN B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options (right to buy) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Options (right to buy) — 20,000 shares (Direct);
Restricted Stock Units — 37,500 shares (Direct);
Common Stock — 112,500 shares (Direct)
Footnotes (1)
- These options were granted on July 6, 2023 and are fully vested as of the date hereof. Represents an exercise price of $6.86 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3875 reported by the Bank of Canada on March 27, 2026. 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. 37,500 of the RSUs remain outstanding, and will vest 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 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
Stock options: 20,000 shares at $4.94/share
Direct common stock: 112,500 shares
RSU grant: 37,500 underlying shares
+4 more
7 metrics
Stock options
20,000 shares at $4.94/share
Options to buy common stock expiring July 6, 2028
Direct common stock
112,500 shares
Common stock held directly following the reported holdings
RSU grant
37,500 underlying shares
RSUs vesting in three installments on May 5, 2026, August 5, 2026, and November 5, 2026
RSU grant
100,000 underlying shares
RSUs vesting in one installment on April 17, 2026
RSU grant
100,000 underlying shares
RSUs vesting in one installment on July 8, 2026
RSU grant
100,000 underlying shares
RSUs vesting in one installment on October 31, 2026
RSU grant
100,000 underlying shares
RSUs vesting in one installment on March 16, 2027
Key Terms
Restricted Stock Unit, exercise price, fully vested, vesting, +1 more
5 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
exercise price financial
"Represents an exercise price of $6.86 Canadian dollars, converted to U.S. dollars at the daily average exchange rate."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
fully vested financial
"These options were granted on July 6, 2023 and are fully vested as of the date hereof."
vesting financial
"37,500 of the RSUs remain outstanding, and will vest in 3 equal installments on May 5, 2026, August 5, 2026, and November 5, 2026."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Form 3 regulatory
"INSIDER FILING DATA (Form 3): { "issuerName": "HIVE Digital Technologies Ltd.""
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
FAQ
What does the HIVE Form 3 filing show for director Susan McGee?
The Form 3 shows Susan B. McGee’s initial ownership in HIVE Digital Technologies, including stock options, multiple Restricted Stock Unit grants, and 112,500 shares of common stock held directly as of the reporting date.
What Restricted Stock Unit awards does Susan McGee report in HIVE?
She reports RSU awards covering 37,500 underlying shares that vest in three equal installments during 2026, plus several additional RSU grants of 100,000 underlying shares each, scheduled to vest on specific dates in 2026 and 2027.
When will Susan McGee’s 37,500 HIVE RSUs vest?
The 37,500 RSUs will vest in three equal installments on May 5, 2026, August 5, 2026, and November 5, 2026. Each RSU represents the right to receive one share of HIVE common stock at settlement, as described in the footnotes.
What direct common stock holdings does Susan McGee report in HIVE?
Susan McGee reports direct ownership of 112,500 shares of HIVE common stock. This figure reflects her direct holdings separate from options and Restricted Stock Units, which are disclosed as derivative positions tied to future vesting or exercise.
HIVE Digital Technologies Ltd