HIVE CEO converts RSUs into common shares

HIVE Digital Technologies President & CEO Aydin Kilic reported equity compensation activity on June 5, 2026.

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Rhea-AI Filing Summary

HIVE Digital Technologies President & CEO Aydin Kilic reported equity compensation activity on June 5, 2026. Through Akilic Ventures Ltd., he exercised restricted share units (RSUs) that had previously vested, converting 400,000 and 50,000 RSUs into an equal number of common shares at a conversion price of $0.00 per share. No open-market purchases or sales were reported. After these conversions, Akilic Ventures continues to hold 1,350,000 RSUs with scheduled vesting dates between August 2026 and March 2027. The filing also shows smaller direct and indirect holdings of common shares through Unimage Enterprises Ltd. and in Kilic’s own name.

Insider Trade Summary

445,000 shares exercised/converted

Exercise 6 txns

Insider Kilic Aydin

Role President & CEO

Type	Security	Shares	Price	Value
Exercise	Restricted stock units	400,000	$0.00	$0.00
Exercise	Restricted stock units	45,000	$0.00	$0.00
Exercise	Common Shares	400,000	$0.00	$0.00
Exercise	Common Shares	50,000	$0.00	$0.00
holding	Common Shares	--	--	--
holding	Common Shares	--	--	--

Holdings After Transaction: Restricted stock units — 2,650,000 contracts (Indirect, By Akilic Ventures Ltd.); Common Shares — 1,166,777 shares (Indirect, By Akilic Ventures Ltd.); Common Shares — 300 shares (Direct); Common Shares — 1,200 shares (Indirect, By Unimage Enterprises Ltd.)

Footnotes (6)

F1. Reflects restricted share units ("RSUs") issued pursuant to the Issuer's Restricted Stock 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.
F2. These securities are owned by Akilic Ventures Ltd., a corporation that is wholly owned by Mr. Kilic.
F3. These securities are owned by Unimage Enterprises Ltd., a corporation that is wholly owned by Mr. Kilic.
F4. Reflects 400,000 RSUs that vested on April 17, 2026. These RSUs were settled and converted into common shares of the Issuer on June 5, 2026, in accordance with the Issuer's RSU Plan.
F5. Reflects 50,000 RSUs that vested on May 5, 2026. These RSUs were settled and converted into common shares of the Issuer on June 5, 2026, in accordance with the Issuer's RSU Plan.
F6. The RSUs reported under Column 9 include four additional RSU awards that were previously reported. The underlying shares and vesting schedules are as follows: (i) 100,000 vest in two equal installments of 50,000 on each of August 5, 2026 and November 5, 2026; (ii) 400,000 will vest on July 8, 2026; (iii) 400,000 will vest on October 31, 2026 and (iv) 400,000 will vest on March 16, 2027.

Key Figures

RSUs converted (April 17, 2026 vesting): 400,000 common shares RSUs converted (May 5, 2026 vesting): 50,000 common shares RSU conversion price: $0.00 per share +2 more

5 metrics

RSUs converted (April 17, 2026 vesting) 400,000 common shares RSUs vested April 17, 2026; settled June 5, 2026

RSUs converted (May 5, 2026 vesting) 50,000 common shares RSUs vested May 5, 2026; settled June 5, 2026

RSU conversion price $0.00 per share Exercise/conversion of RSUs into common shares

Remaining RSUs held 1,350,000 RSUs Indirectly held by Akilic Ventures Ltd. after transactions

Future RSU vesting (example award) 400,000 RSUs Will vest on October 31, 2026 per footnote

Key Terms

restricted share units ("RSUs"), Restricted Stock Unit Plan, vesting, settled and converted, +1 more

5 terms

Restricted Stock Unit Plan financial

"issued pursuant to the Issuer's Restricted Stock Unit Plan (the "RSU Plan")"

vesting financial

"Reflects 400,000 RSUs that vested on April 17, 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.

settled and converted financial

"These RSUs were settled and converted into common shares of the Issuer on June 5, 2026"

indirect ownership financial

"These securities are owned by Akilic Ventures Ltd., a corporation that is wholly owned by Mr. Kilic."

FAQ

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

What insider activity did HIVE (HIVE) report for Aydin Kilic on June 5, 2026?

HIVE reported that President & CEO Aydin Kilic, via Akilic Ventures Ltd., exercised previously granted RSUs, converting 400,000 and 50,000 units into the same number of common shares at $0.00 per share. The filing shows compensation-related equity activity, not market buying or selling.

Did HIVE CEO Aydin Kilic buy or sell HIVE shares in the market?

The filing does not show any open-market buys or sells. Instead, it records RSUs vesting and being converted into common shares at a $0.00 conversion price, reflecting compensation settlement rather than discretionary trading in HIVE shares.

How many HIVE shares were issued from RSUs for Aydin Kilic?

Two RSU blocks vested and were settled into common shares: 400,000 RSUs that vested on April 17, 2026 and 50,000 RSUs that vested on May 5, 2026. Each RSU converted into one HIVE common share on June 5, 2026.

What RSU balance does HIVE CEO Aydin Kilic still hold after this Form 4?

After these settlements, Akilic Ventures Ltd. is shown holding 1,350,000 RSUs. Footnotes state these are spread across four awards, with vesting scheduled on August 5, 2026, November 5, 2026, July 8, 2026, October 31, 2026 and March 16, 2027.

Through which entities does Aydin Kilic hold HIVE equity according to the filing?

The filing attributes most RSUs and related common shares to Akilic Ventures Ltd., which is wholly owned by Mr. Kilic. It also shows additional common shares held indirectly through Unimage Enterprises Ltd., another wholly owned corporation, and a smaller direct holding in Kilic’s own name.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 06/09/2026 - 02:43 PM EDT

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^*

Kilic Aydin

(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)

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

2a. Foreign Trading Symbol
[HIVE]

3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026

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)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares	06/05/2026		M		400,000	A	⁽¹⁾	1,116,777	I	By Akilic Ventures Ltd.⁽²⁾
Common Shares	06/05/2026		M		50,000	A	⁽¹⁾	1,166,777	I	By Akilic Ventures Ltd.⁽²⁾
Common Shares								300	D
Common Shares								1,200	I	By Unimage Enterprises Ltd.⁽³⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted stock units	⁽¹⁾	06/05/2026		M			400,000	⁽⁴⁾	⁽⁴⁾	Common Stock	400,000	$0	1,350,000⁽⁶⁾	I	By Akilic Ventures Ltd.⁽²⁾
Restricted stock units	⁽¹⁾	06/05/2026		M			45,000	⁽⁵⁾	⁽⁵⁾	Common Stock	50,000	$0	1,300,000⁽⁶⁾	I	By Akilic Ventures Ltd.⁽²⁾

Explanation of Responses:

1. Reflects restricted share units ("RSUs") issued pursuant to the Issuer's Restricted Stock 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.

2. These securities are owned by Akilic Ventures Ltd., a corporation that is wholly owned by Mr. Kilic.

3. These securities are owned by Unimage Enterprises Ltd., a corporation that is wholly owned by Mr. Kilic.

4. Reflects 400,000 RSUs that vested on April 17, 2026. These RSUs were settled and converted into common shares of the Issuer on June 5, 2026, in accordance with the Issuer's RSU Plan.

5. Reflects 50,000 RSUs that vested on May 5, 2026. These RSUs were settled and converted into common shares of the Issuer on June 5, 2026, in accordance with the Issuer's RSU Plan.

6. The RSUs reported under Column 9 include four additional RSU awards that were previously reported. The underlying shares and vesting schedules are as follows: (i) 100,000 vest in two equal installments of 50,000 on each of August 5, 2026 and November 5, 2026; (ii) 400,000 will vest on July 8, 2026; (iii) 400,000 will vest on October 31, 2026 and (iv) 400,000 will vest on March 16, 2027.

	/s/ Aydin Kilic	06/07/2026
	** 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)

Source: View Original Filing on SEC EDGAR