HIVE director exercises 100,000 RSUs into shares

HIVE Digital Technologies director Susan B. McGee exercised restricted stock units into common shares as part of her equity compensation.

Rhea-AI Filing Summary

HIVE Digital Technologies director Susan B. McGee exercised restricted stock units into common shares as part of her equity compensation. On April 22, 2026, 100,000 restricted stock units vested and were settled into 100,000 common shares at a stated price of $0.00 per share, reflecting a standard RSU conversion rather than an open-market purchase.

Following the transaction, she holds 212,500 common shares directly and 337,500 restricted stock units. Footnotes indicate these remaining RSUs include several prior awards scheduled to vest in installments on May 5, 2026, August 5, 2026, November 5, 2026, July 8, 2026, October 31, 2026 and March 16, 2027, each converting one-for-one into common shares at settlement.

Insider Trade Summary

100,000 shares exercised/converted

Exercise 2 txns

Insider MCGEE SUSAN B

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted stock units	100,000	$0.00	$0.00
Exercise	Common Shares	100,000	$0.00	$0.00

Holdings After Transaction: Restricted stock units — 337,500 contracts (Direct); Common Shares — 212,500 shares (Direct)

Footnotes (3)

1. F1. Reflects restricted stock units ("RSUs") that upon vesting and settlement converted into shares of Issuer common stock on a one-for-one basis.
2. F2. Each RSU represents the right to receive, at settlement, one share of common stock of the Issuer.
3. F3. 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) 37,5000 vest in three equal installments on May 5, 2026, August 5, 2026 and November 5, 2026; (ii) 100,000 will vest on July 8, 2026; (iii) 100,000 will vest on October 31, 2026 and (iv) 100,000 will vest on March 16, 2027.

Key Figures

RSUs converted: 100,000 shares Common shares held after: 212,500 shares RSUs held after: 337,500 units +3 more

6 metrics

RSUs converted 100,000 shares Restricted stock units vested and settled on April 22, 2026

Common shares held after 212,500 shares Direct ownership following RSU conversion

RSUs held after 337,500 units Outstanding restricted stock units after the reported transaction

RSUs vesting date July 8, 2026 One RSU award scheduled to vest on this date

RSUs vesting date October 31, 2026 One RSU award scheduled to vest on this date

RSUs vesting date March 16, 2027 One RSU award scheduled to vest on this date

Key Terms

restricted stock units, RSUs, derivative security, vesting, +1 more

5 terms

restricted stock units financial

"Reflects restricted stock units ("RSUs") that upon vesting and settlement"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

RSUs financial

"Each RSU represents the right to receive, at settlement, one share"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

derivative security financial

"transaction_code_description":"Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

vesting financial

"will vest on July 8, 2026; (iii) 100,000 will vest on October 31,"

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.

settlement financial

"RSUs that upon vesting and settlement converted into shares of Issuer"

Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.

FAQ

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

What insider transaction did HIVE (HIVE) report for Susan B. McGee?

HIVE reported that director Susan B. McGee settled 100,000 restricted stock units into 100,000 common shares on April 22, 2026. This was an equity compensation vesting event, not an open-market stock purchase or sale, and used a stated price of $0.00 per share.

How many HIVE common shares does Susan B. McGee hold after this Form 4?

After the April 22, 2026 transaction, Susan B. McGee directly holds 212,500 HIVE common shares. This reflects her position after 100,000 restricted stock units vested and converted into common shares as part of her compensation package.

What happens to the restricted stock units reported for Susan B. McGee at HIVE?

Each restricted stock unit represents the right to receive one HIVE common share at settlement. When the units vest on specified future dates, they convert one-for-one into common shares, increasing McGee’s share holdings while reducing her outstanding restricted stock unit balance.

How many restricted stock units does Susan B. McGee still hold in HIVE?

Following the reported transaction, Susan B. McGee holds 337,500 restricted stock units in HIVE. These units represent future rights to receive an equal number of common shares, subject to vesting and settlement on the schedules described in the filing footnotes.

Are Susan B. McGee’s HIVE transactions open-market buys or routine compensation?

The reported HIVE transactions are routine equity compensation events, not open-market trades. The Form 4 classifies them as derivative exercises, where restricted stock units vested and automatically converted into common shares at a stated price of $0.00 per share.

When will Susan B. McGee’s remaining HIVE restricted stock units vest?

The remaining HIVE restricted stock units are scheduled to vest on several dates in 2026 and 2027, including May 5, August 5, November 5 and July 8, 2026, plus October 31, 2026 and March 16, 2027, according to the footnotes.

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

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Accepted by SEC EDGAR 04/23/2026 - 05:09 PM EDT Learn about SEC filing dates

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^*

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)

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

2a. Foreign Trading Symbol
[HIVE]

3. Date of Earliest Transaction (Month/Day/Year)
04/22/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Shares	04/22/2026		M		100,000(1)	A	(1)	212,500	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted stock units	(2)	04/22/2026		M			100,000	(2)	(2)	Common Stock	100,000	$0	337,500(3)	D

Explanation of Responses:

1. Reflects restricted stock units ("RSUs") that upon vesting and settlement converted into shares of Issuer common stock on a one-for-one basis.

2. Each RSU represents the right to receive, at settlement, one share of common stock of the Issuer.

3. 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) 37,5000 vest in three equal installments on May 5, 2026, August 5, 2026 and November 5, 2026; (ii) 100,000 will vest on July 8, 2026; (iii) 100,000 will vest on October 31, 2026 and (iv) 100,000 will vest on March 16, 2027.

	/s/ Susan McGee	04/23/2026
	** 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)