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HIVE Digital Technologies (HIVE) director Marcus New details options, RSUs and shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

HIVE Digital Technologies Ltd. director Marcus New reported his initial ownership of company equity. The filing lists options to buy 50,000, 400,000, 100,000 and 20,000 shares of common stock at exercise prices of $7.17, $2.22, $1.04 and $4.92 per share, expiring between 2028 and 2030.

It also shows multiple 100,000-share Restricted Stock Unit awards, each convertible into one share of common stock, held indirectly through ROI Capital Ltd. In addition, New holds 6,000 common shares directly and 70,000 common shares indirectly via ROI Capital Ltd.

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Insider NEW MARCUS
Role Director
Type Security Shares Price Value
holding Options (right to buy) -- -- --
holding Options (right to buy) -- -- --
holding Options (right to buy) -- -- --
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 Restricted Stock Units -- -- --
holding Restricted Stock Units -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Options (right to buy) — 50,000 shares (Direct); Restricted Stock Units — 100,000 shares (Indirect, By ROI Capital Ltd.); Common Stock — 6,000 shares (Direct); Common Stock — 70,000 shares (Indirect, By ROI Capital Ltd.)
Footnotes (1)
  1. These securities are directly held by ROI Capital Ltd. ("ROI"). The New Family Trust (the "Trust") is the sole shareholder of ROI. Mr. New is a trustee of the Trust. These options were granted on March 26, 2018 and are fully vested as of the date hereof. Represents an exercise price of $10.00 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3939 reported by the Bank of Canada on March 31, 2026. These options were granted on September 18, 2018 and are fully vested as of the date hereof. Represents an exercise price of $3.10 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3939 reported by the Bank of Canada on March 31, 2026. These options were granted on February 10, 2020 and are fully vested as of the date hereof. Represents an exercise price of $1.45 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3939 reported by the Bank of Canada on March 31, 2026. 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$1.3939 reported by the Bank of Canada on March 31, 2026. Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of common stock. The RSUs were issued on July 18, 2024 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 November 5, 2024 and 62,750 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.
Option grant 1 50,000 shares at $7.17 Options to buy common stock expiring March 26, 2028
Option grant 2 400,000 shares at $2.22 Options to buy common stock expiring September 18, 2028
Option grant 3 100,000 shares at $1.04 Options to buy common stock expiring February 10, 2030
Option grant 4 20,000 shares at $4.92 Options to buy common stock expiring July 6, 2028
RSU blocks 100,000 shares per award Each RSU converts into one common share at settlement
Direct common shares 6,000 shares Common stock held directly by Marcus New
Indirect common shares 70,000 shares Common stock held indirectly via ROI Capital Ltd.
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 $10.00 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 March 26, 2018 and are fully vested as of the date hereof."
indirect ownership financial
"These securities are directly held by ROI Capital Ltd. ("ROI"). The New Family Trust is the sole shareholder of ROI."
exchange rate financial
"converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3939 reported by the Bank of Canada."
Exchange rate is the price of one currency expressed in another—for example, how many euros you receive for one US dollar. It matters to investors because changes in that price alter the reported profits, costs and value of assets for companies and portfolios that operate or hold money across borders; think of it like switching measurement units, where the same item can look bigger or smaller depending on the unit used.
SEC Form 3
FORM 3UNITED 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*
NEW MARCUS

(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)
04/01/2026
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)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
Common Stock6,000D
Common Stock70,000IBy ROI Capital Ltd.(1)
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 ExercisableExpiration DateTitleAmount or Number of Shares
Options (right to buy) (2)03/26/2028Common Stock50,000$7.17(3)D
Options (right to buy) (4)09/18/2028Common Stock400,000$2.22(5)D
Options (right to buy) (6)02/10/2030Common Stock100,000$1.04(7)D
Options (right to buy) (8)07/06/2028Common Stock20,000$4.92(9)D
Restricted Stock Units (10) (10)Common Stock100,000$0IBy ROI Capital Ltd.(1)
Restricted Stock Units (11) (11)Common Stock100,000$0IBy ROI Capital Ltd.(1)
Restricted Stock Units (12) (12)Common Stock100,000$0IBy ROI Capital Ltd.(1)
Restricted Stock Units (13) (13)Common Stock100,000$0IBy ROI Capital Ltd.(1)
Restricted Stock Units (14) (14)Common Stock100,000$0IBy ROI Capital Ltd.(1)
Restricted Stock Units (15) (15)Common Stock100,000$0IBy ROI Capital Ltd.(1)
Restricted Stock Units (16) (16)Common Stock100,000$0IBy ROI Capital Ltd.(1)
Explanation of Responses:
1. These securities are directly held by ROI Capital Ltd. ("ROI"). The New Family Trust (the "Trust") is the sole shareholder of ROI. Mr. New is a trustee of the Trust.
2. These options were granted on March 26, 2018 and are fully vested as of the date hereof.
3. Represents an exercise price of $10.00 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3939 reported by the Bank of Canada on March 31, 2026.
4. These options were granted on September 18, 2018 and are fully vested as of the date hereof.
5. Represents an exercise price of $3.10 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3939 reported by the Bank of Canada on March 31, 2026.
6. These options were granted on February 10, 2020 and are fully vested as of the date hereof.
7. Represents an exercise price of $1.45 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3939 reported by the Bank of Canada on March 31, 2026.
8. These options were granted on July 6, 2023 and are fully vested as of the date hereof.
9. 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$1.3939 reported by the Bank of Canada on March 31, 2026.
10. Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of common stock. The RSUs were issued on July 18, 2024 and are fully vested as of the date hereof.
11. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs were issued on November 5, 2024 and 62,750 have vested, with the remaining 37,500 vesting in 3 equal installments on May 5, 2026, August 5, 2026, and November 5, 2026.
12. 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.
13. 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.
14. 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.
15. 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.
16. 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:
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/ Jonathan Gardner, by POA from Reporting Person04/01/2026
** Signature of Reporting PersonDate
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 does the Marcus New Form 3 for HIVE Digital (HIVE) show?

It shows director Marcus New’s initial ownership in HIVE Digital, including several option grants and Restricted Stock Units, plus direct and indirect common share holdings, giving investors a snapshot of his existing equity exposure when he became a reporting insider.

How many HIVE Digital options does Marcus New hold according to this filing?

Marcus New holds options tied to 50,000, 400,000, 100,000 and 20,000 HIVE Digital common shares. These options have exercise prices of $7.17, $2.22, $1.04 and $4.92 per share and expire between 2028 and 2030, all described as fully vested grants.

What are the exercise prices of Marcus New’s HIVE Digital stock options?

His options cover common stock at exercise prices of $7.17, $2.22, $1.04 and $4.92 per share. These U.S. dollar amounts reflect original Canadian-dollar grant prices converted using a Bank of Canada exchange rate referenced in the accompanying footnotes.

What Restricted Stock Units does Marcus New report for HIVE Digital (HIVE)?

He reports multiple 100,000-share Restricted Stock Unit awards, each RSU representing the right to receive one HIVE Digital common share at settlement. Footnotes state these RSUs were granted on various dates from 2024 to 2026, with some fully vested and others vesting through 2027.

How are Marcus New’s indirect HIVE Digital holdings structured?

Indirect holdings are reported as being held by ROI Capital Ltd. A footnote explains ROI Capital is wholly owned by The New Family Trust, where Marcus New serves as trustee, so these equity awards and common shares are attributed as indirect ownership associated with him.

How many HIVE Digital common shares does Marcus New hold directly and indirectly?

He holds 6,000 HIVE Digital common shares directly and 70,000 common shares indirectly through ROI Capital Ltd. This common share position is in addition to his option and Restricted Stock Unit awards, which if exercised or settled would add further common shares.