HIVE Digital Technologies (HIVE) director settles 100,000 RSUs into common shares
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 100,000 shares
Net Buy
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 shares (Direct);
Common Shares — 212,500 shares (Direct)
Footnotes (3)
- F1. Reflects restricted stock units ("RSUs") that upon vesting and settlement converted into shares of Issuer common stock on a one-for-one basis.
- F2. Each RSU represents the right to receive, at settlement, one share of common stock of the Issuer.
- 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
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.
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.