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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.

(Neutral)
(Neutral)
Form Type
4

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.

Positive

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Negative

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Insider Kilic Aydin
Role President & CEO
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 -- -- --
Holdings After Transaction: Restricted Share Units — 1,350,000 contracts (Indirect, By Akilic Ventures Ltd.); Common Shares — 1,616,777 shares (Indirect, By Akilic Ventures Ltd.); Common Shares — 300 shares (Direct); Common Shares — 1,200 shares (Indirect, By Unimage Enterprises Ltd.)
Footnotes (5)
  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 convert into shares of the Issuer's common stock on a one-for-one basis.
  2. 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.
  3. F3. These securities are owned by Akilic Ventures Ltd., a corporation that is wholly owned by Mr. Kilic.
  4. F4. These securities are owned by Unimage Enterprises Ltd., a corporation that is wholly owned by Mr. Kilic.
  5. 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.
RSUs settled 50,000 RSUs Settled on September 21, 2026
Common shares received 50,000 common shares Converted from RSUs on September 21, 2026
RSUs following transaction 1,350,000 RSUs Reported through Akilic Ventures Ltd.
Common shares following transaction 1,616,777 common shares Reported through Akilic Ventures Ltd.
RSUs scheduled to vest 400,000 RSUs October 31, 2026
RSUs scheduled to vest 50,000 RSUs November 5, 2026
RSUs scheduled to vest 400,000 RSUs March 16, 2027
RSUs scheduled to vest 500,000 RSUs June 30, 2027
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
"in accordance with the Issuer's RSU Plan"
one-for-one basis technical
"convert into shares of the Issuer's common stock on a one-for-one basis"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many HIVE shares were received from the RSU settlement?

On September 21, 2026, 50,000 RSUs held by Akilic Ventures Ltd. were settled and converted into 50,000 HIVE common shares on a one-for-one basis under the issuer's RSU Plan. After the transaction, Akilic Ventures Ltd. reported 1,616,777 common shares.

What RSU balance and vesting dates were reported for HIVE's CEO?

Akilic Ventures Ltd. was reported with 1,350,000 RSUs following the transaction. The underlying shares are scheduled to vest in four tranches: 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.

Were the HIVE transactions reported under a Rule 10b5-1 plan?

No Rule 10b5-1 plan is reported for these transactions.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Kilic Aydin

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President & CEO
2a. Foreign Trading Symbol
[HIVE]
3. Date of Earliest Transaction (Month/Day/Year)
09/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Shares09/21/2026M50,000A(1)(2)1,616,777IBy Akilic Ventures Ltd.(3)
Common Shares300D
Common Shares1,200IBy Unimage Enterprises Ltd.(4)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Units(1)09/21/2026M50,000 (2) (2)Common Stock400,000$01,350,000(5)IBy Akilic Ventures Ltd.(3)
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 convert into shares of the Issuer's common stock on a one-for-one basis.
2. 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.
3. These securities are owned by Akilic Ventures Ltd., a corporation that is wholly owned by Mr. Kilic.
4. These securities are owned by Unimage Enterprises Ltd., a corporation that is wholly owned by Mr. Kilic.
5. 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.
/s/ Jonathan Gardner, attorney-in-fact for Reporting Person09/23/2026
** Signature of Reporting PersonDate
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)

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