HIVE (HIVE) COO exercises major RSU awards and sells shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HIVE Digital Technologies COO Luke Rossy reported a mix of RSU exercises and share sales. On June 3, 2026, he sold 66,700 common shares in open-market transactions at a weighted average price of $4.57 per share, converted from a Canadian dollar price range.
On the same date, RSU awards covering 200,000 and 15,000 shares vested and were settled into common shares on a one-for-one basis under HIVE’s Restricted Stock Unit Plan. Footnotes indicate the 200,000 RSUs vested on April 17, 2026 and the 15,000 RSUs vested on May 5, 2026, with settlement into common shares completed on June 3, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 66,700 shares ($304,819)
Net Sell
5 txns
Insider
Rossy Luke
Role
COO
Sold
66,700 shs ($305K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted stock units | 200,000 | $0.00 | -- |
| Exercise | Restricted stock units | 15,000 | $0.00 | -- |
| Exercise | Common Shares | 200,000 | $0.00 | -- |
| Exercise | Common Shares | 15,000 | $0.00 | -- |
| Sale | Common Shares | 66,700 | $4.57 | $305K |
Holdings After Transaction:
Restricted stock units — 645,000 shares (Direct, null);
Common Shares — 266,700 shares (Direct, null)
Footnotes (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 Issuer common stock on a one-for-one basis. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from C$6.20 to C$6.42, 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 CAD$6.3475 to USD$4.57, using an exchange rate of CAD$1.00 = USD $1.3884, as reported by the Bank of Canada on June 3, 2026. Reflects 200,000 RSUs that vested on April 17, 2026. These RSUs were settled and converted into common shares of the Issuer on June 3, 2026, in accordance with the Issuer's RSU Plan. Reflects 15,000 RSUs that vested on May 5, 2026. These RSUs were settled and converted into common shares of the Issuer on June 3, 2026, in accordance with the Issuer's RSU Plan. 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) 30,000 vest in two equal installments of 15,000 on each of August 5, 2026 and November 5, 2026; (ii) 200,000 will vest on July 8, 2026; (iii) 200,000 will vest on October 31, 2026 and (iv) 200,000 will vest on March 16, 2027.
Key Figures
Common shares sold: 66,700 shares
Weighted average sale price: $4.57 per share
RSUs vested and settled: 200,000 units
+2 more
5 metrics
Common shares sold
66,700 shares
Open-market sale on June 3, 2026
Weighted average sale price
$4.57 per share
USD price converted from Canadian-dollar trades
RSUs vested and settled
200,000 units
Vested April 17, 2026; settled into common shares June 3, 2026
Additional RSUs vested and settled
15,000 units
Vested May 5, 2026; settled into common shares June 3, 2026
RSUs outstanding after transactions
645,000 units
Restricted stock units reported in Column 9 after June 3, 2026
Key Terms
restricted share units ("RSUs"), Restricted Stock Unit Plan, weighted average price, vested, +1 more
5 terms
Restricted Stock Unit Plan financial
"issued pursuant to the Issuer's Restricted Stock Unit Plan (the "RSU Plan")"
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.
vested financial
"Reflects 200,000 RSUs that vested on April 17, 2026."
settled and converted financial
"These RSUs were settled and converted into common shares of the Issuer"
FAQ
What did HIVE (HIVE) COO Luke Rossy do in this Form 4 filing?
HIVE COO Luke Rossy reported a mix of transactions. He exercised restricted share units that converted into common shares and sold 66,700 common shares in open-market trades, all dated June 3, 2026, according to the Form 4 data and related footnotes.
What future RSU vesting schedule is disclosed for HIVE’s COO?
Footnotes describe additional RSU awards and vesting dates. These include installments of 15,000 RSUs on August 5 and November 5, 2026, plus larger awards vesting on July 8, 2026, October 31, 2026, and March 16, 2027, under the company’s RSU plan.