HIVE Digital executive granted 200,000 RSUs

HIVE Digital Technologies Ltd. Country Site President-Sweden Johanna Thornblad reported an acquisition of derivative securities through restricted share units (RSUs).

Rhea-AI Filing Summary

HIVE Digital Technologies Ltd. Country Site President-Sweden Johanna Thornblad reported an acquisition of derivative securities through restricted share units (RSUs). She received 200,000 RSUs on June 30, 2026, which will vest in full on June 30, 2027, and each RSU will convert into one share of common stock upon vesting and settlement.

Following this award and previously reported RSUs, her total RSU holdings are 1,180,000. Footnotes state that 350,000 RSUs are already fully vested but not yet converted, while other RSU blocks of 30,000, 200,000, 200,000 and 200,000 are scheduled to vest between August 5, 2026 and March 16, 2027.

Insider Trade Summary

200,000 shares exercised/converted

Exercise 1 txn

Insider Thornblad Johanna

Role Country Site President-Sweden

Type	Security	Shares	Price	Value
Exercise	Restricted Share Units	200,000	$0.00	$0.00

Holdings After Transaction: Restricted Share Units — 1,180,000 contracts (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 200,000 RSUs that were awarded on June 30, 2026 and will vest in full on June 30, 2027.
3. F3. In addition to the RSUs awarded on June 30, 2026, the RSUs reported under Column 9 include RSUs that were previously reported. The underlying shares and vesting schedules are as follows: (i) 350,000 RSUs are vested in full, but have not been converted into common stock, as permitted under the RSU Plan; (ii) 30,000 vest in two equal installments of 15,000 on each of August 5, 2026 and November 5, 2026; (iii) 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

New RSU award: 200,000 RSUs Total RSU holdings: 1,180,000 RSUs Fully vested RSUs: 350,000 RSUs +4 more

7 metrics

New RSU award 200,000 RSUs Awarded June 30, 2026; vests June 30, 2027

Total RSU holdings 1,180,000 RSUs Total following reported award

Fully vested RSUs 350,000 RSUs Vested in full, not yet converted into common stock

Staggered vesting block 30,000 RSUs 15,000 vest on August 5, 2026 and 15,000 on November 5, 2026

Future vesting July 8, 2026 200,000 RSUs Scheduled vesting date July 8, 2026

Future vesting October 31, 2026 200,000 RSUs Scheduled vesting date October 31, 2026

Future vesting March 16, 2027 200,000 RSUs Scheduled vesting date March 16, 2027

Key Terms

Restricted Share Units, RSUs, Restricted Share Unit Plan, vest, +1 more

5 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.

RSUs financial

"Reflects 200,000 RSUs that were awarded on June 30, 2026 and will vest in full"

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.

Restricted Share Unit Plan financial

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

A restricted share unit plan is a company program that promises employees or executives actual company shares or cash tied to the company’s stock, delivered later once conditions like continued employment or performance targets are met. Think of it as a delayed paycheck paid in stock that becomes fully owned only after certain milestones. Investors care because these awards can change the number of shares outstanding, affect reported costs, and align employee actions with shareholder value.

vest financial

"200,000 RSUs that were awarded on June 30, 2026 and will vest in full on June 30, 2027"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

convert into common stock financial

"upon vesting and settlement will convert into shares of the Issuer's common stock on a one-for-one basis"

FAQ

What insider transaction did HIVE (HIVE) report for Johanna Thornblad?

HIVE Digital reported that Country Site President-Sweden Johanna Thornblad received 200,000 restricted share units on June 30, 2026. These RSUs are compensation-related awards that will convert into common stock on a one-for-one basis upon vesting and settlement under HIVE’s RSU Plan.

When do Johanna Thornblad’s new HIVE (HIVE) RSUs vest?

The 200,000 restricted share units awarded to Johanna Thornblad on June 30, 2026 vest in full on June 30, 2027. Once vested and settled, they convert into an equal number of HIVE Digital common shares, according to the company’s Restricted Share Unit Plan.

How many HIVE (HIVE) RSUs does Johanna Thornblad hold after this award?

After the June 30, 2026 award, Johanna Thornblad holds 1,180,000 restricted share units. This total includes the new 200,000 RSUs plus previously reported RSUs with various vesting schedules, some of which are already fully vested but not yet converted into common stock.

Are any of Johanna Thornblad’s existing HIVE (HIVE) RSUs already vested?

Yes. Footnotes disclose that 350,000 of Johanna Thornblad’s restricted share units are fully vested but have not yet been converted into common shares. The RSU Plan allows vested RSUs to remain unconverted, giving flexibility on the timing of share settlement for the holder.

What are the future vesting dates for Johanna Thornblad’s HIVE (HIVE) RSUs?

In addition to the new grant, 30,000 RSUs vest in two 15,000 installments on August 5, 2026 and November 5, 2026. Further tranches of 200,000 RSUs each are scheduled to vest on July 8, 2026, October 31, 2026, and March 16, 2027, subject to plan terms.

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

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Accepted by SEC EDGAR 07/02/2026 - 01:17 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^*

Thornblad Johanna

(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)
	Country Site President-Sweden

2a. Foreign Trading Symbol
[HIVE]

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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

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)	06/30/2026		M		200,000		(2)	(2)	Common Stock	200,000	$0	1,180,000(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 200,000 RSUs that were awarded on June 30, 2026 and will vest in full on June 30, 2027.

3. In addition to the RSUs awarded on June 30, 2026, the RSUs reported under Column 9 include RSUs that were previously reported. The underlying shares and vesting schedules are as follows: (i) 350,000 RSUs are vested in full, but have not been converted into common stock, as permitted under the RSU Plan; (ii) 30,000 vest in two equal installments of 15,000 on each of August 5, 2026 and November 5, 2026; (iii) 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/ Johanna Thornblad	06/30/2026
	** 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)