STOCK TITAN

HIVE (HIVE) COO exercises major RSU awards and sells shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
restricted share units ("RSUs") financial
"Reflects restricted share units ("RSUs") issued pursuant to the Issuer's Restricted Stock Unit Plan"
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"
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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*
Rossy Luke

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
COO
2a. Foreign Trading Symbol
[HIVE]
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026
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 Shares06/03/2026M200,000A(1)266,700D
Common Shares06/03/2026M15,000A(1)281,700D
Common Shares06/03/2026S66,700D$4.57(2)215,000D
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 stock units(1)06/03/2026M200,000 (3) (3)Common Stock200,000$0645,000(5)D
Restricted stock units(1)06/03/2026M15,000 (4) (4)Common Stock15,000$0630,000(5)D
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 Issuer common stock on a one-for-one basis.
2. 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.
3. 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.
4. 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.
5. 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.
/s/ Luke Rossy06/04/2026
** 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)

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.

How many HIVE common shares did the COO sell and at what price?

The COO sold 66,700 HIVE common shares. The weighted average sale price was reported as $4.57 per share in U.S. dollars, converted from Canadian-dollar trades executed between C$6.20 and C$6.42 on June 3, 2026.

What restricted share units (RSUs) vested for HIVE COO Luke Rossy?

Two RSU awards vested for the COO. One grant of 200,000 RSUs vested on April 17, 2026, and another 15,000 RSUs vested on May 5, 2026. Both awards were settled into HIVE common shares on June 3, 2026, on a one-for-one basis.

How were the RSUs in the HIVE Form 4 converted into common shares?

The RSUs converted into common shares under HIVE’s Restricted Stock Unit Plan. Upon vesting and settlement, each restricted share unit automatically converted into one share of HIVE common stock, with settlement for the reported awards occurring on June 3, 2026.

What currency details are disclosed for the HIVE COO’s share sales?

The filing reports the sale price as a U.S. dollar weighted average of $4.57. Footnotes explain this was converted from a Canadian weighted average price of CAD$6.3475, using an exchange rate of CAD$1.00 to USD$1.3884 on June 3, 2026.

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.