HIVE Digital CFO discloses option and RSU holdings
HIVE Digital Technologies Ltd. CFO Darcy Daubaras reports existing equity awards, including options and restricted stock units tied to common stock.
Rhea-AI Filing Summary
HIVE Digital Technologies Ltd. CFO Darcy Daubaras reports existing equity awards, including options and restricted stock units tied to common stock. He holds options to buy 100,000 shares at an exercise price of $0.9700 expiring on December 21, 2028, another 100,000 shares at $1.0500 expiring on February 10, 2030, and 75,000 shares at $4.9400 expiring on July 6, 2028.
He also reports multiple blocks of restricted stock units (RSUs), such as 150,000, 205,625 and 300,000 units, each representing the right to receive one share of common stock at settlement. Footnotes state several option and RSU grants are fully vested, while some RSUs vest in 2026 and 2027. Daubaras additionally holds 8,900 shares of common stock directly.
Positive
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Negative
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Insider Trade Summary
12 transactions reported
Mixed
12 txns
Insider
Daubaras Darcy
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| 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 | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Options (right to buy) — 275,000 contracts (Direct);
Restricted Stock Units — 1,465,625 contracts (Direct);
Common Stock — 8,900 shares (Direct)
Footnotes (14)
- F1. These options were granted on December 21, 2018 and are fully vested as of the date hereof.
- F2. Represents an exercise price of $1.35 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.
- F3. These options were granted on February 10, 2020 and are fully vested as of the date hereof.
- F4. 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$1.3875 reported by the Bank of Canada on March 27, 2026.
- F5. These options were granted on July 6, 2023 and are fully vested as of the date hereof.
- F6. 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.
- F7. Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of common stock. The RSUs were issued on January 11, 2023 and are fully vested as of the date hereof.
- F8. Each 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.
- F9. Each RSU represents the right to receive, at settlement, one share of common stock. The RSUs were issued on November 5, 2024, and 93,750 have vested, with the remaining 56,250 vesting in 3 equal installments on May 5, 2026, August 5, 2026, and November 5, 2026.
- F10. 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.
- F11. 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.
- F12. 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.
- F13. 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.
- F14. 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 2018 grant: 100,000 shares at $0.9700
Stock options 2020 grant: 100,000 shares at $1.0500
Stock options 2023 grant: 75,000 shares at $4.9400
+5 more
8 metrics
Stock options 2018 grant
100,000 shares at $0.9700
Options to buy common stock expiring December 21, 2028; fully vested
Stock options 2020 grant
100,000 shares at $1.0500
Options to buy common stock expiring February 10, 2030; fully vested
Stock options 2023 grant
75,000 shares at $4.9400
Options to buy common stock expiring July 6, 2028; fully vested
RSU block
205,625 RSUs
Each RSU represents one common share; issued July 18, 2024
Largest RSU grant
300,000 RSUs
Each RSU represents one common share; issued March 16, 2026, vesting March 16, 2027
Common shares held
8,900 shares
Direct holdings of HIVE common stock reported by CFO
Future RSU vesting date
April 17, 2026
RSU grant issued April 17, 2025 vests in one installment on this date
Future RSU vesting date
March 16, 2027
RSU grant issued March 16, 2026 vests in one installment on this date
Key Terms
Restricted Stock Unit, exercise price, fully vested, expiration date, +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 $1.35 Canadian dollars, converted to U.S. dollars..."
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 December 21, 2018 and are fully vested as of the date hereof."
expiration date financial
"Options (right to buy)... expiration_date: "2028-12-21T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
settlement financial
"Each 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the HIVE Form 3 filing by CFO Darcy Daubaras show?
The Form 3 shows CFO Darcy Daubaras’ existing equity position in HIVE, including stock options, restricted stock units and common shares. It is an initial ownership report, not a record of recent share purchases or sales.
How many HIVE stock options does CFO Darcy Daubaras hold?
Darcy Daubaras holds options over 100,000 HIVE shares at $0.9700, 100,000 shares at $1.0500, and 75,000 shares at $4.9400. These options allow him to buy common stock at the stated exercise prices before each option’s expiration date.
What restricted stock units (RSUs) are reported for HIVE CFO Darcy Daubaras?
The filing lists several RSU blocks, including 150,000, 205,625, 150,000, 60,000, 200,000, 200,000, 200,000 and 300,000 units. Each RSU represents a right to receive one HIVE common share at settlement, with some awards already fully vested and others vesting through 2027.
Are the HIVE CFO’s stock options and RSUs vested according to the Form 3 footnotes?
Footnotes state options granted in 2018, 2020 and 2023 are fully vested. Several RSU grants from 2023 to early 2025 are also fully vested, while others will vest on specific dates in 2026 and 2027, such as April 17, 2026 and March 16, 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.
