HIVE Digital Technologies (HIVE) CFO converts 375,000 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HIVE Digital Technologies Ltd. officer Timothy Calveley, BUZZ HPC-CFO, reported the vesting and settlement of restricted share units into common shares. On April 23, 2026, 242,500 RSUs vested and converted to common shares, and on July 9, 2026 a further 132,500 RSUs converted, for 375,000 shares in total. These events reflect RSUs issued under the Restricted Share Unit Plan, with no open-market purchases or sales reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
375,000 shares exercised/converted
Mixed
10 txns
Insider
Calveley Timothy
Role
BUZZ HPC-CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 12,500 | $0.00 | -- |
| Exercise | Restricted Share Units | 120,000 | $0.00 | -- |
| Exercise | Common Shares | 12,500 | -- | -- |
| Exercise | Common Shares | 120,000 | -- | -- |
| Exercise | Restricted Share Units | 62,500 | $0.00 | -- |
| Exercise | Restricted Share Units | 60,000 | $0.00 | -- |
| Exercise | Restricted Share Units | 120,000 | $0.00 | -- |
| Exercise | Common Shares | 62,500 | -- | -- |
| Exercise | Common Shares | 60,000 | -- | -- |
| Exercise | Common Shares | 120,000 | -- | -- |
Holdings After Transaction:
Restricted Share Units — 385,000 shares (Direct);
Common Shares — 255,000 shares (Direct)
Footnotes (1)
- Reflects restricted share units ("RSUs") issued pursuant to the Issuer's Restricted Share Unit Plan (the "RSU Plan") that, upon vesting and settlement will convert into shares of the Issuer's common stock on a one-for-one basis. Reflects 62,500 RSUs that were awarded on November 5, 2024 that were fully vested on February 5, 2026. These RSUs were settled and converted into common shares of the Issuer on April 23, 2026 in accordance with the Issuer's RSU Plan. Reflects 60,000 RSUs that were awarded on February 14, 2025 that were fully vested on February 14, 2026. These RSUs were settled and converted into common shares of the Issuer on April 23, 2026, in accordance with the Issuer's RSU Plan. Reflects 120,000 RSUs that were awarded on April 17, 2025 that were fully vested on April 17, 2026. These RSUs were settled and converted into common shares of the Issuer on April 23, 2026, in accordance with the Issuer's RSU Plan Reflects 12,500 RSUs that were awarded on November 5, 2024 that were fully vested on May 5, 2026. These RSUs were settled and converted into common shares of the Issuer on July 9, 2026, in accordance with the Issuer's RSU Plan. Reflects 120,000 RSUs that were awarded on July 8, 2025 that were fully vested on July 8, 2026. These RSUs were settled and converted into common shares of the Issuer on July 9, 2026, in accordance with the Issuer's RSU Plan. Includes RSUs that were previously reported. Excluding the 242,500 RSUs that were converted on April 23, 2026, the reporting person held the following RSUs as of April 23, 2026: (i) 37,500 RSUs that will vest in three equal installments of 12,500 on each of May 5, 2026, August 5, 2026 and November 5, 2026; (ii) 120,000 RSUs that will vest on July 8, 2026; (iii) 70,000 RSUs that will vest on October 31, 2026 and (iv) 70,000 RSUs that will vest on March 16, 2027. Includes RSUs that were previously reported. Excluding the 132,500 RSUs that were converted on July 9, 2026, the reporting person held the following RSUs as of July 9, 2026: (i) 25,000 will vest in two equal installments of 12,500 on each of August 5, 2026 and November 5, 2026; (ii) 70,000 will vest on October 31, 2026, (iii) 70,000 will vest on March 16, 2027; (iv) 100,000 will vest on June 30, 2027.
Key Figures
RSUs converted on April 23, 2026: 242,500 shares
RSUs converted on July 9, 2026: 132,500 shares
Total RSUs converted in reported transactions: 375,000 shares
+4 more
7 metrics
RSUs converted on April 23, 2026
242,500 shares
Restricted share units settled into common shares on April 23, 2026
RSUs converted on July 9, 2026
132,500 shares
Restricted share units settled into common shares on July 9, 2026
Total RSUs converted in reported transactions
375,000 shares
Aggregate of RSUs converted to common shares on April 23 and July 9, 2026
Common shares held after one July 9, 2026 entry
375,000 shares
Direct common share ownership shown in a non-derivative row following July 9, 2026 conversion
RSUs vesting on October 31, 2026
70,000 units
Unvested RSUs scheduled to vest on October 31, 2026 as described in footnotes
RSUs vesting on March 16, 2027
70,000 units
Unvested RSUs scheduled to vest on March 16, 2027 as described in footnotes
RSUs vesting on June 30, 2027
100,000 units
Unvested RSUs scheduled to vest on June 30, 2027 as of July 9, 2026
Key Terms
restricted share units ("RSUs"), Restricted Share Unit Plan, vested, settled and converted into common shares, +1 more
5 terms
vested financial
"RSUs that were awarded on November 5, 2024 that were fully vested on February 5, 2026"
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
FAQ
What did HIVE (HIVE) executive Timothy Calveley report in this Form 4?
CFO Timothy Calveley reported the vesting and settlement of restricted share units (RSUs) into HIVE common shares. RSUs granted under the company’s Restricted Share Unit Plan were converted into shares on two dates in 2026, with no open‑market trades disclosed.
How many HIVE (HIVE) RSUs did Timothy Calveley convert on April 23, 2026?
On April 23, 2026, Timothy Calveley converted 242,500 RSUs into common shares of HIVE. Footnotes explain that these RSUs came from prior grants of 62,500, 60,000, and 120,000 units that had fully vested before conversion.
How many HIVE (HIVE) RSUs did Calveley convert on July 9, 2026?
On July 9, 2026, Calveley converted an additional 132,500 RSUs into HIVE common shares. These consisted of 12,500 RSUs from a November 5, 2024 award and 120,000 RSUs from a July 8, 2025 award, both fully vested before settlement.
What is the total number of HIVE (HIVE) RSUs converted in these 2026 transactions?
Across both reported dates, Calveley converted a total of 375,000 RSUs into HIVE common shares. This total combines 242,500 units settled on April 23, 2026 and 132,500 units settled on July 9, 2026 under the RSU Plan.
Were there any open-market purchases or sales by HIVE (HIVE) CFO Timothy Calveley?
No. The Form 4 reports only RSU exercises and conversions, coded as derivative exercises (code M). The transaction summary shows zero open‑market buy or sell transactions, indicating no reported market purchases or sales of HIVE shares by Calveley.
Does Timothy Calveley still hold unvested HIVE (HIVE) RSUs after these conversions?
Yes. Footnotes state that, after converting 242,500 RSUs in April and 132,500 in July 2026, Calveley still held several RSU grants, including blocks of 70,000 and 100,000 units scheduled to vest between late 2026 and mid‑2027.