HIVE director receives 12,500 shares from RSUs

A HIVE Digital Technologies director reported RSU vesting into 12,500 common shares and disclosed 312,500 RSUs remaining with scheduled vesting through 2027.

Rhea-AI Filing Summary

HIVE Digital Technologies Ltd. (HIVE) director Susan B. McGee reported the vesting and settlement of 12,500 Restricted Share Units (RSUs) on September 4, 2026. These RSUs, awarded on November 5, 2024, converted on a one-for-one basis into 12,500 common shares, bringing her directly held common shares to 112,500 and her remaining RSUs to 312,500.

The remaining RSUs are scheduled to vest in tranches of 100,000 on October 31, 2026, 12,500 on November 5, 2026, 100,000 on March 16, 2027, and 100,000 on June 30, 2027. No Rule 10b5-1 trading plan is reported for these transactions.

Insider Trade Summary

12,500 shares exercised/converted

Exercise 2 txns

Insider MCGEE SUSAN B

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Share Units F1, F2, F3	12,500	$0.00	$0.00
Exercise	Common Shares F1, F2	12,500	--	--

Holdings After Transaction: Restricted Share Units — 312,500 contracts (Direct); Common Shares — 112,500 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 converted into shares of the Issuer’s common stock on a one-for-one basis.
2. F2. Reflects 12,500 RSUs that were awarded on November 5, 2024 and vested on August 5, 2026. These RSUs were settled and converted into common shares of the Issuer on September 4, 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) 100,000 will vest on October 31, 2026; (ii) 12,500 will vest on November 5, 2026; (iii) 100,000 will vest on March 16, 2027 and (iv) 100,000 will vest on June 30, 2027.

Key Figures

RSUs converted: 12,500 units Common shares held after transaction: 112,500 shares RSUs held after transaction: 312,500 units +4 more

7 metrics

RSUs converted 12,500 units RSUs vested and settled into common shares on September 4, 2026

Common shares held after transaction 112,500 shares Directly held by Susan B. McGee after September 4, 2026 settlement

RSUs held after transaction 312,500 units Remaining RSUs under the RSU Plan following the conversion of 12,500 units

RSUs vesting October 31, 2026 100,000 units First future vesting tranche of remaining RSUs

RSUs vesting November 5, 2026 12,500 units Second vesting tranche of remaining RSUs

RSUs vesting March 16, 2027 100,000 units Third vesting tranche of remaining RSUs

RSUs vesting June 30, 2027 100,000 units Fourth vesting tranche of remaining RSUs

Key Terms

Restricted Share Units, RSU Plan, vested, one-for-one basis, +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.

RSU Plan financial

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

vested financial

"RSUs that were awarded on November 5, 2024 and vested on August 5, 2026"

one-for-one basis financial

"converted into shares of the Issuer’s common stock on a one-for-one basis"

common shares financial

"converted into common shares of the Issuer on September 4, 2026"

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

FAQ

What insider transaction did HIVE director Susan B. McGee report on this Form 4?

Susan B. McGee reported the vesting and settlement of 12,500 RSUs into 12,500 common shares of HIVE Digital Technologies Ltd. on September 4, 2026, as part of the company’s Restricted Share Unit Plan.

How many HIVE (HIVE) common shares does the director hold after this transaction?

After the September 4, 2026 settlement, Susan B. McGee directly holds 112,500 common shares of HIVE Digital Technologies Ltd., as reported in the Form 4.

How many RSUs in HIVE does the director still hold after this Form 4 event?

Following the conversion of 12,500 RSUs, Susan B. McGee continues to hold 312,500 RSUs in HIVE Digital Technologies Ltd., according to the reported post-transaction RSU balance.

What is the vesting schedule for the remaining RSUs reported by HIVE’s director?

The remaining 312,500 RSUs vest as follows: 100,000 on October 31, 2026; 12,500 on November 5, 2026; 100,000 on March 16, 2027; and 100,000 on June 30, 2027.

Were the HIVE RSUs converted into common shares on a one-for-one basis?

Yes. The filing states that the RSUs were issued under the RSU Plan and, upon vesting and settlement, converted into common shares on a one-for-one basis.

Was a Rule 10b5-1 trading plan involved in the HIVE director’s Form 4 transactions?

No. The Form 4 indicates that no Rule 10b5-1 trading plan is reported in connection with these RSU vesting and settlement transactions.

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Available on EDGAR 09/09/2026 - 06:14 PM Accepted by SEC EDGAR 09/09/2026 - 06:13 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
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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)
09/04/2026

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	09/04/2026		M		12,500	A	(1)(2)	112,500	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 Share Units	(1)	09/04/2026		M			12,500	(2)	(2)	Common Stock	12,500	$0	312,500(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 converted into shares of the Issuer’s common stock on a one-for-one basis.

2. Reflects 12,500 RSUs that were awarded on November 5, 2024 and vested on August 5, 2026. These RSUs were settled and converted into common shares of the Issuer on September 4, 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) 100,000 will vest on October 31, 2026; (ii) 12,500 will vest on November 5, 2026; (iii) 100,000 will vest on March 16, 2027 and (iv) 100,000 will vest on June 30, 2027.

	/s/ Susan B. McGee	09/09/2026
	** 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)