HIVE Digital (HIVE) amends director sale and 12.5K RSU conversion

Rhea-AI Filing Summary

HIVE Digital Technologies Ltd. (HIVE) director Dave Perrill amended a prior insider report. He previously disclosed selling 100,000 Common Shares on August 19, 2026 at a weighted average price of USD$2.7191 (converted from C$3.7765 using a USD$0.72/C$1.00 rate). This amendment adds a previously omitted August 18, 2026 conversion and settlement of 12,500 Restricted Share Units into an equal number of Common Shares under HIVE’s RSU Plan and corrects his beneficial ownership figure to include these shares. Following the RSU transaction, he holds 312,500 RSUs with future vesting tranches through 2027.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 3 txns

Insider Perrill Dave

Role Director

Sold 100,000 shs ($272K)

Approx. gross sale proceeds $272K

Type	Security	Shares	Price	Value
Sale	Common Shares F3, F1	100,000	$2.7191	$272K
Exercise	Restricted Share Units F2, F4, F5	12,500	$0.00	$0.00
Exercise	Common Shares F1, F2	12,500	--	--

Holdings After Transaction: Restricted Share Units — 312,500 shares (Direct); Common Shares — 12,500 shares (Direct)

Footnotes (5)

1. F1. On August 19, 2026, the Reporting Person filed a Form 4 (the "Original Filing") to report the sale of 100,000 shares of the Issuer's common stock. This Form 4/A (this "Amendment") amends the Original Filing to report the conversion and settlement of 12,500 restricted share units ("RSUs") that occurred on August 18, 2026 that was inadvertently omitted from the Original Filing. The Amendment also corrects the amount of Common Stock beneficially owned following the sale reported in the Original Filing to reflect that the Reporting Person’s ownership of these 12,500 shares. Except for the conversion of the RSUs, no additional transaction is being reported in this Amendment.
2. F2. Reflects RSUs issued pursuant to the Issuer's Restricted Share Unit Plan (the "RSU Plan") that, upon vesting and settlement converted into shares of the Issuer's common stock on a one-for-one basis.
3. F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from C$3.7300 to C$3.8600, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The weighted average price reported above was converted from the Canadian weighted average price of C$3.7765 to USD$2.7191, using an exchange rate of USD$0.72 to C$1.00.
4. F4. Reflects 12,500 RSUs that were awarded on November 5, 2024 and vested on August 5, 2026. These RSUs were settled and converted into common shares of the Issuer on August 18, 2026, in accordance with the Issuer's RSU Plan.
5. F5. The RSUs reported under Column 9 include RSUs that were previously reported. The underlying shares and vesting schedules are as follows: (i) 12,500 will vest on November 5, 2026; (ii) 100,000 will vest on October 31, 2026, (iii) 100,000 will vest on March 16, 2027 and (iv) 100,000 will vest on June 30, 2027.

Key Figures

Shares sold: 100,000 Common Shares Weighted average sale price: USD$2.7191 per share Canadian weighted average price: C$3.7765 per share +4 more

7 metrics

Shares sold 100,000 Common Shares Sale by director on August 19, 2026

Weighted average sale price USD$2.7191 per share 100,000-share sale converted from Canadian-dollar price

Canadian weighted average price C$3.7765 per share Basis for conversion to USD$2.7191

Exchange rate USD$0.72 to C$1.00 Used to convert Canadian sale prices to U.S. dollars

RSUs converted 12,500 RSUs Settled into Common Shares on August 18, 2026

RSUs outstanding after transaction 312,500 RSUs Director’s RSU balance following August 18, 2026 settlement

Future RSU vesting tranches 12,500; 100,000; 100,000; 100,000 RSUs Scheduled to vest on Nov 5 2026, Oct 31 2026, Mar 16 2027, Jun 30 2027

Key Terms

Restricted Share Units, Restricted Share Unit Plan, weighted average price, beneficially owned

4 terms

Restricted Share Units financial

"Reflects 12,500 RSUs that were awarded on November 5, 2024 and vested"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

Restricted Share Unit Plan financial

"Reflects RSUs issued pursuant to the Issuer's Restricted Share Unit Plan"

A restricted share unit plan is a company program that promises employees or executives actual company shares or cash tied to the company’s stock, delivered later once conditions like continued employment or performance targets are met. Think of it as a delayed paycheck paid in stock that becomes fully owned only after certain milestones. Investors care because these awards can change the number of shares outstanding, affect reported costs, and align employee actions with shareholder value.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

beneficially owned financial

"corrects the amount of Common Stock beneficially owned following the sale"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

FAQ

What insider transactions did HIVE (HIVE) report in this amended Form 4/A?

The filing reports a sale of 100,000 Common Shares on August 19, 2026 and the conversion and settlement of 12,500 Restricted Share Units into Common Shares on August 18, 2026, both by director Dave Perrill.

At what price were the 100,000 HIVE (HIVE) shares sold by the director?

The 100,000 Common Shares were sold at a weighted average price of USD$2.7191, converted from a Canadian weighted average price of C$3.7765 using an exchange rate of USD$0.72 to C$1.00.

What RSU activity did HIVE (HIVE) disclose for Dave Perrill?

HIVE disclosed that 12,500 RSUs awarded on November 5, 2024 vested on August 5, 2026 and were settled and converted one-for-one into Common Shares on August 18, 2026 under the company’s RSU Plan.

How many Restricted Share Units does the HIVE (HIVE) director hold after the transactions?

After the August 18, 2026 settlement, the director holds 312,500 RSUs, consisting of tranches scheduled to vest on November 5, 2026; October 31, 2026; March 16, 2027; and June 30, 2027.

Why did HIVE (HIVE) file this Form 4/A amendment?

The amendment was filed to add the omitted conversion and settlement of 12,500 RSUs on August 18, 2026 and to correct the amount of Common Stock beneficially owned after the previously reported 100,000-share sale.

What price range did the HIVE (HIVE) share sales occur in?

The 100,000-share sale was executed in multiple transactions at prices ranging from C$3.73 to C$3.86 per share. The reported USD price is a weighted average converted from this Canadian-dollar range.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/20/2026 - 07:18 PM Accepted by SEC EDGAR 08/20/2026 - 07:18 PM Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Perrill Dave

(Last) (First) (Middle)

7900 CALLAGHAN ROAD

SUITE 128

(Street)

SAN ANTONIO TEXAS 78229

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol
[HIVE]

3. Date of Earliest Transaction (Month/Day/Year)
08/18/2026

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

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

4. If Amendment, Date of Original Filed (Month/Day/Year)
08/19/2026

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	08/18/2026(1)		M		12,500	A	(2)	112,500(1)	D
Common Shares	08/19/2026		S		100,000	D	$2.7191(3)	12,500(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Units	(2)	08/18/2026		M			12,500	(4)	(4)	Common Stock	12,500	$0	312,500(5)	D

Explanation of Responses:

1. On August 19, 2026, the Reporting Person filed a Form 4 (the "Original Filing") to report the sale of 100,000 shares of the Issuer's common stock. This Form 4/A (this "Amendment") amends the Original Filing to report the conversion and settlement of 12,500 restricted share units ("RSUs") that occurred on August 18, 2026 that was inadvertently omitted from the Original Filing. The Amendment also corrects the amount of Common Stock beneficially owned following the sale reported in the Original Filing to reflect that the Reporting Person’s ownership of these 12,500 shares. Except for the conversion of the RSUs, no additional transaction is being reported in this Amendment.

2. Reflects RSUs issued pursuant to the Issuer's Restricted Share Unit Plan (the "RSU Plan") that, upon vesting and settlement converted into shares of the Issuer's common stock on a one-for-one basis.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from C$3.7300 to C$3.8600, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The weighted average price reported above was converted from the Canadian weighted average price of C$3.7765 to USD$2.7191, using an exchange rate of USD$0.72 to C$1.00.

4. Reflects 12,500 RSUs that were awarded on November 5, 2024 and vested on August 5, 2026. These RSUs were settled and converted into common shares of the Issuer on August 18, 2026, in accordance with the Issuer's RSU Plan.

5. The RSUs reported under Column 9 include RSUs that were previously reported. The underlying shares and vesting schedules are as follows: (i) 12,500 will vest on November 5, 2026; (ii) 100,000 will vest on October 31, 2026, (iii) 100,000 will vest on March 16, 2027 and (iv) 100,000 will vest on June 30, 2027.

	/s/ Dave Perrill	08/20/2026
	** 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 4 (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 4: SEC 1474 (03-26)