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HIVE Digital director McGee receives 112,500 shares

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Form Type
4

Rhea-AI Filing Summary

On November 11, 2026, HIVE Digital Technologies Ltd. director Susan B. McGee’s 100,000 RSUs awarded October 31, 2025, and 12,500 RSUs awarded November 5, 2024, were settled and converted into the same numbers of common shares. They had vested October 31 and November 5, 2026, respectively. Under the issuer’s RSU Plan, units convert one-for-one. Her reported RSU amounts also include 100,000 underlying shares scheduled to vest on March 16, 2027, and 100,000 on June 30, 2027.

Insider MCGEE SUSAN B
Role Director
Type Security Shares Price Value
Exercise Restricted Share Units F1, F2, F4 100,000 $0.00 $0.00
Exercise Restricted Share Units F1, F3, F5 12,500 $0.00 $0.00
Exercise Common Shares F1, F2 100,000 -- --
Exercise Common Shares F1, F3 12,500 -- --
Holdings After Transaction: Restricted Share Units — 200,000 units (Direct); Common Shares — 225,000 shares (Direct)
Holdings Before and After: Restricted Share Units, 312,500 to 200,000 units (Direct); Common Shares, 112,500 to 225,000 shares (Direct)
Footnotes (5)
  1. F1. Reflects RSUs issued pursuant to the Issuer's Restricted Share Unit Plan (the "RSU Plan") that, upon vesting and settlement, convert into shares of the Issue's common stock on a one-for-one basis.
  2. F2. Reflects 100,000 RSUs that were awarded on October 31, 2025 and vested on October 31, 2026. These RSUs were settled and converted into common shares of the Issuer on November 11, 2026, in accordance with the Issuer's RSU Plan.
  3. F3. Reflects 12,500 RSUs that were awarded on November 5, 2024 and vested on November 5, 2026. These RSUs were settled and converted into common shares of the Issuer on November 11, 2026, in accordance with the Issuer's RSU Plan.
  4. F4. Includes RSUs that were previously reported. The underlying shares and vesting schedules are as follows: (i)12,500 vested on November 5, 2026, (ii) 100,000 will vest on March 16, 2027 and (iii) 100,000 will vest on June 30, 2027.
  5. F5. Includes RSUs that were previously reported. The underlying shares and vesting schedules are as follows: (i) 100,000 will vest on March 16, 2027 and (ii) 100,000 will vest on June 30, 2027.
RSUs settled 100,000 RSUs Awarded October 31, 2025; settled and converted into common shares on November 11, 2026
RSUs settled 12,500 RSUs Awarded November 5, 2024; settled and converted into common shares on November 11, 2026
Underlying shares scheduled to vest 100,000 shares March 16, 2027
Underlying shares scheduled to vest 100,000 shares June 30, 2027
RSU conversion ratio One-for-one Each RSU converts into one common share upon vesting and settlement
Restricted Share Units financial
"Restricted Share Units"
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
"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.
vesting financial
"RSUs that were awarded on October 31, 2025 and vested on October 31, 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many HIVE shares did director Susan B. McGee receive from RSU settlements?

The settlements converted 100,000 RSUs and 12,500 RSUs into the same numbers of common shares on November 11, 2026.

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

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SEC Form 4
FORM 4UNITED 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*
MCGEE SUSAN B

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
[HIVE]
3. Date of Earliest Transaction (Month/Day/Year)
11/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Shares11/11/2026M100,000A(1)(2)212,500D
Common Shares11/11/2026M12,500A(1)(3)225,000D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Units(1)11/11/2026M100,000 (2) (2)Common Stock100,000$0212,500(4)D
Restricted Share Units(1)11/11/2026M12,500 (3) (3)Common Stock12,500$0200,000(5)D
Explanation of Responses:
1. Reflects RSUs issued pursuant to the Issuer's Restricted Share Unit Plan (the "RSU Plan") that, upon vesting and settlement, convert into shares of the Issue's common stock on a one-for-one basis.
2. Reflects 100,000 RSUs that were awarded on October 31, 2025 and vested on October 31, 2026. These RSUs were settled and converted into common shares of the Issuer on November 11, 2026, in accordance with the Issuer's RSU Plan.
3. Reflects 12,500 RSUs that were awarded on November 5, 2024 and vested on November 5, 2026. These RSUs were settled and converted into common shares of the Issuer on November 11, 2026, in accordance with the Issuer's RSU Plan.
4. Includes RSUs that were previously reported. The underlying shares and vesting schedules are as follows: (i)12,500 vested on November 5, 2026, (ii) 100,000 will vest on March 16, 2027 and (iii) 100,000 will vest on June 30, 2027.
5. Includes RSUs that were previously reported. The underlying shares and vesting schedules are as follows: (i) 100,000 will vest on March 16, 2027 and (ii) 100,000 will vest on June 30, 2027.
/s/ Susan B. McGee11/12/2026
** 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 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)

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