HIVE Digital CFO exercises 150,000 RSUs

HIVE Digital Technologies Ltd. Chief Financial Officer Darcy Daubaras exercised and settled 150,000 restricted share units (RSUs) into common shares on July 9, 2026 under the company’s RSU Plan.

Rhea-AI Filing Summary

HIVE Digital Technologies Ltd. Chief Financial Officer Darcy Daubaras exercised and settled 150,000 restricted share units (RSUs) into common shares on July 9, 2026 under the company’s RSU Plan. Following the transaction, Daubaras holds 158,900 common shares directly and 1,715,625 RSUs, including 778,125 already vested but not yet converted.

Insider Trade Summary

150,000 shares exercised/converted

Exercise 2 txns

Insider Daubaras Darcy

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Share Units F1, F2, F3	150,000	$0.00	$0.00
Exercise	Common Shares F1, F2	150,000	$0.00	$0.00

Holdings After Transaction: Restricted Share Units — 1,715,625 contracts (Direct); Common Shares — 158,900 shares (Direct)

Footnotes (3)

1. F1. 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.
2. F2. Reflects 150,000 RSUs that were awarded on January 11, 2023 and were fully vested on December 11, 2023. These RSUs were settled and converted into common shares of the Issuer on July 9, 2026, in accordance with the Issuer's RSU Plan.
3. F3. The RSUs reported under Column 9 include RSUs that were previously reported. The underlying shares and vesting schedules are as follows: (i) 778,125 RSUs are vested in full, but have not been converted into common stock, as permitted under the RSU Plan; (ii) 37,500 vest in two equal installments of 18,750 on each of August 5, 2026 and November 5, 2026; (iii) 200,000 will vest on October 31, 2026, (iii) 300,000 will vest on March 16, 2027 and (iv) 400,000 will vest on June 30, 2027.

Key Figures

RSUs settled into common shares: 150,000 RSUs Common shares held after transaction: 158,900 shares RSUs held after transaction: 1,715,625 RSUs +4 more

7 metrics

RSUs settled into common shares 150,000 RSUs RSUs awarded January 11, 2023, vested December 11, 2023, settled July 9, 2026

Common shares held after transaction 158,900 shares Direct common share holdings of CFO after July 9, 2026 settlement

RSUs held after transaction 1,715,625 RSUs Total restricted share units reported in Column 9 after July 9, 2026

Vested but unconverted RSUs 778,125 RSUs RSUs vested in full but not yet converted into common stock under RSU Plan

Future vesting tranche 37,500 RSUs Vests in two installments of 18,750 on August 5, 2026 and November 5, 2026

Future vesting tranche 200,000 RSUs Scheduled to vest on October 31, 2026

Future vesting tranches 300,000 RSUs; 400,000 RSUs Scheduled to vest on March 16, 2027 and June 30, 2027, respectively

Key Terms

Restricted Share Units, RSU Plan, vested in full, converted into common shares

4 terms

Restricted Share Units financial

"Reflects restricted share units ("RSUs") issued pursuant to the Issuer's Restricted Share Unit Plan"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

RSU Plan financial

"issued pursuant to the Issuer's Restricted Share Unit Plan (the "RSU Plan")"

vested in full financial

"778,125 RSUs are vested in full, but have not been converted into common stock"

converted into common shares financial

"These RSUs were settled and converted into common shares of the Issuer on July 9, 2026"

FAQ

What insider transaction did HIVE (HIVE) report for its CFO on July 9, 2026?

HIVE reported that CFO Darcy Daubaras exercised and settled 150,000 restricted share units (RSUs) into common shares on July 9, 2026. The RSUs were issued under HIVE’s RSU Plan as part of equity compensation.

How many HIVE (HIVE) common shares does the CFO hold after this Form 4 transaction?

After the RSU settlement, CFO Darcy Daubaras holds 158,900 common shares of HIVE Digital Technologies Ltd. directly. These shares result from converting 150,000 previously granted RSUs that had fully vested before July 2026.

How many restricted share units does the HIVE (HIVE) CFO still hold after exercising 150,000 RSUs?

Following the transaction, CFO Darcy Daubaras holds 1,715,625 restricted share units (RSUs). Footnotes state that 778,125 of these RSUs are already vested but not yet converted, with the remainder subject to future vesting dates.

When were the 150,000 HIVE (HIVE) RSUs awarded and when did they vest and settle?

The 150,000 RSUs were awarded on January 11, 2023, fully vested on December 11, 2023, and were settled and converted into common shares on July 9, 2026 under HIVE’s RSU Plan.

What future vesting schedule is disclosed for the HIVE (HIVE) CFO’s remaining RSUs?

The filing describes remaining RSUs vesting as follows: 37,500 in two installments of 18,750 on August 5, 2026 and November 5, 2026; 200,000 on October 31, 2026; 300,000 on March 16, 2027; and 400,000 on June 30, 2027.

Was the HIVE (HIVE) CFO’s July 2026 transaction an open-market buy or sale?

No. The Form 4 shows a code M transaction, indicating exercise or conversion of a derivative security. It reflects RSUs settling into common shares under the RSU Plan, not an open-market purchase or sale.

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Available on EDGAR 07/10/2026 - 09:08 PM Accepted by SEC EDGAR 07/10/2026 - 09:08 PM 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^*

Daubaras Darcy

(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)

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

2a. Foreign Trading Symbol
[HIVE]

3. Date of Earliest Transaction (Month/Day/Year)
07/09/2026

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	07/09/2026		M		150,000	A	(1)(2)	158,900	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 Share Units	(1)	07/09/2026		M			150,000	(2)	(2)	Common Stock	150,000	$0	1,715,625(3)	D

Explanation of Responses:

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.

2. Reflects 150,000 RSUs that were awarded on January 11, 2023 and were fully vested on December 11, 2023. These RSUs were settled and converted into common shares of the Issuer on July 9, 2026, in accordance with the Issuer's RSU Plan.

3. The RSUs reported under Column 9 include RSUs that were previously reported. The underlying shares and vesting schedules are as follows: (i) 778,125 RSUs are vested in full, but have not been converted into common stock, as permitted under the RSU Plan; (ii) 37,500 vest in two equal installments of 18,750 on each of August 5, 2026 and November 5, 2026; (iii) 200,000 will vest on October 31, 2026, (iii) 300,000 will vest on March 16, 2027 and (iv) 400,000 will vest on June 30, 2027.

	/s/ Darcy Daubaras	07/10/2026
	** 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.
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* Form 4: SEC 1474 (03-26)