HIVE Digital CEO's firm converts 50,000 stock awards
The President & CEO's reported RSU balance includes four scheduled vesting tranches through June 30, 2027.
Rhea-AI Filing Summary
HIVE Digital Technologies Ltd. President & CEO Aydin Kilic reported that 50,000 RSUs held by Akilic Ventures Ltd., a corporation wholly owned by him, were settled and converted into 50,000 common shares on September 21, 2026, on a one-for-one basis under the RSU Plan. Following the settlement, Akilic Ventures Ltd. reported 1,616,777 common shares and 1,350,000 RSUs. The reported RSU vesting schedule includes 400,000 on October 31, 2026; 50,000 on November 5, 2026; 400,000 on March 16, 2027; and 500,000 on June 30, 2027. No Rule 10b5-1 plan is reported.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units F1, F2, F5, F3 | 50,000 | $0.00 | $0.00 |
| Exercise | Common Shares F1, F2, F3 | 50,000 | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares F4 | -- | -- | -- |
Footnotes (5)
- F1. Reflects restricted share units ("RSUs") issued pursuant to the Issuer's Restricted Share Unit Plan (the "RSU Plan") that, upon vesting and settlement convert into shares of the Issuer's common stock on a one-for-one basis.
- F2. Reflects 50,000 RSUs that were awarded on November 5, 2024 and were fully vested on August 5, 2026. These RSUs were settled and converted into common shares of the Issuer on September 21, 2026, in accordance with the Issuer's RSU Plan.
- F3. These securities are owned by Akilic Ventures Ltd., a corporation that is wholly owned by Mr. Kilic.
- F4. These securities are owned by Unimage Enterprises Ltd., a corporation that is wholly owned by Mr. Kilic.
- F5. The RSUs reported under Column 9 include RSUs that were previously reported. The underlying shares and vesting schedules are as follows: (i) 400,000 will vest on October 31, 2026; (ii) 50,000 will vest on November 5, 2026; (iii) 400,000 will vest on March 16, 2027; and (iv) 500,000 will vest on June 30, 2027.
Key Figures
Key Terms
RSU Plan financial
one-for-one basis technical
FAQ
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What RSU balance and vesting dates were reported for HIVE's CEO?
Were the HIVE transactions reported under a Rule 10b5-1 plan?
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