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HIVE (HIVE) Sweden site president reports stock, options and RSUs

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

Rhea-AI Filing Summary

HIVE Digital Technologies Ltd. executive Johanna Thornblad, Country Site President-Sweden, filed an initial Form 3 detailing her equity interests in the company. She reports direct ownership of 138,571 shares of common stock.

She also holds options to buy common stock, including 20,000 shares at an exercise price of $18.13 per share expiring on April 6, 2031, 10,000 shares at $15.13 expiring on December 8, 2031, 50,400 shares at $4.08 expiring on August 26, 2027, and 50,000 shares at $4.94 expiring on July 6, 2028. In addition, she holds several blocks of Restricted Stock Units (RSUs) that each convert into one share of common stock at settlement, including grants issued on November 5, 2024; February 14, 2025; April 17, 2025; July 8, 2025; October 31, 2025; and March 16, 2026, with vesting schedules extending through March 16, 2027.

Positive

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Negative

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Insider Thornblad Johanna
Role Country Site President-Sweden
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 Common Stock -- -- --
Holdings After Transaction: Options (right to buy) — 20,000 shares (Direct); Restricted Stock Units — 120,000 shares (Direct); Common Stock — 138,571 shares (Direct)
Footnotes (1)
  1. These options were granted on April 6, 2021 and are fully vested as of the date hereof. Represents an exercise price of $25.15 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. These options were granted on December 8, 2021 and are fully vested as of the date hereof. Represents an exercise price of $21.00 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. These options were granted on August 26, 2022 and are fully vested as of the date hereof. Represents an exercise price of $5.66 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. 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, and 75,000 have vested, with the remaining 45,000 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.
Direct common stock 138,571 shares Directly owned common stock reported on Form 3
Options at $18.13 20,000 shares Exercise price $18.13; expire April 6, 2031
Options at $15.13 10,000 shares Exercise price $15.13; expire December 8, 2031
Options at $4.08 50,400 shares Exercise price $4.08; expire August 26, 2027
Options at $4.94 50,000 shares Exercise price $4.94; expire July 6, 2028
RSU grant Nov 5, 2024 120,000 units 75,000 vested; 45,000 vest through November 5, 2026
RSU grant Feb 14, 2025 60,000 units Fully vested as of the reporting date
Single-installment RSUs 200,000 units each Grants vest on April 17, July 8, October 31, 2026 and March 16, 2027
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents the right to receive, at settlement, one share of common stock."
exercise price financial
"Represents an exercise price of $25.15 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.
vested financial
"These options were granted on April 6, 2021 and are fully vested as of the date hereof."
Form 3 regulatory
"INSIDER FILING DATA (Form 3): {"
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.
exercise date financial
""exercise_date": null,"
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*
Thornblad Johanna

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Country Site President-Sweden
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 Stock138,571D
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) (1)04/06/2031Common Stock20,000$18.13(2)D
Options (right to buy) (3)12/08/2031Common Stock10,000$15.13(4)D
Options (right to buy) (5)08/26/2027Common Stock50,400$4.08(6)D
Options (right to buy) (7)07/06/2028Common Stock50,000$4.94(8)D
Restricted Stock Units (9) (9)Common Stock120,000$0D
Restricted Stock Units (10) (10)Common Stock60,000$0D
Restricted Stock Units (11) (11)Common Stock200,000$0D
Restricted Stock Units (12) (12)Common Stock200,000$0D
Restricted Stock Units (13) (13)Common Stock200,000$0D
Restricted Stock Units (14) (14)Common Stock200,000$0D
Explanation of Responses:
1. These options were granted on April 6, 2021 and are fully vested as of the date hereof.
2. Represents an exercise price of $25.15 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.
3. These options were granted on December 8, 2021 and are fully vested as of the date hereof.
4. Represents an exercise price of $21.00 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.
5. These options were granted on August 26, 2022 and are fully vested as of the date hereof.
6. Represents an exercise price of $5.66 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.
7. These options were granted on July 6, 2023 and are fully vested as of the date hereof.
8. 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.
9. 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 75,000 have vested, with the remaining 45,000 vesting in 3 equal installments on May 5, 2026, August 5, 2026, and November 5, 2026.
10. 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.
11. 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.
12. 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.
13. 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.
14. 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/ Johanna Thornblad03/30/2026
** 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 HIVE Form 3 filed by Johanna Thornblad show?

The Form 3 shows Johanna Thornblad’s existing ownership in HIVE Digital Technologies Ltd., including 138,571 common shares, multiple option grants with set exercise prices and expirations, and several blocks of Restricted Stock Units that can each settle into one common share on future vesting dates.

How many HIVE common shares does Johanna Thornblad directly own?

Johanna Thornblad directly owns 138,571 shares of HIVE common stock. This figure reflects her reported direct holding as of the Form 3 date and is separate from additional potential shares underlying her options and Restricted Stock Units that may be acquired or settled in the future.

What stock options does Johanna Thornblad hold in HIVE Digital Technologies (HIVE)?

She holds options over HIVE common stock, including 20,000 shares at $18.13 expiring April 6, 2031, 10,000 at $15.13 expiring December 8, 2031, 50,400 at $4.08 expiring August 26, 2027, and 50,000 at $4.94 expiring July 6, 2028, all reported as fully vested.

What Restricted Stock Units (RSUs) are reported in Johanna Thornblad’s HIVE Form 3?

The filing lists several RSU grants over HIVE common stock, including 120,000 units from November 5, 2024 with 75,000 already vested, plus additional grants of 60,000 and multiple 200,000-unit awards that vest in installments through specific dates in 2026 and March 16, 2027.

When do Johanna Thornblad’s HIVE RSUs vest according to the filing?

The RSUs vest on scheduled dates: remaining units from the November 5, 2024 grant vest on May 5, 2026, August 5, 2026, and November 5, 2026, while other grants vest in single installments on April 17, 2026, July 8, 2026, October 31, 2026, and March 16, 2027.

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